Common use of Inspection of Properties and Books Clause in Contracts

Inspection of Properties and Books. The Borrower shall permit the Banks, through the Agent or any representative designated by the Agent, at the Borrower's expense to visit and inspect any of the properties of the Borrower or any of its Subsidiaries, to examine the books of account of the Borrower and its Subsidiaries (and to make copies thereof and extracts therefrom) and to discuss the affairs, finances and accounts of the Borrower and its Subsidiaries with, and to be advised as to the same by, its officers, all at such reasonable times and intervals as the Agent or any Bank may reasonably request. The Banks shall use good faith efforts to coordinate such visits and inspections so as to minimize the interference with and disruption to the Borrower's normal business operations.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Meridian Industrial Trust Inc), Revolving Credit Agreement (Meridian Industrial Trust Inc)

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Inspection of Properties and Books. The Borrower Borrowers shall permit the Banks, through the Agent or any representative designated by the Agent, at the Borrower's Borrowers' expense to visit and inspect any of the properties of the Borrower Borrowers or any of its their respective Subsidiaries, to examine the books of account of the Borrower Borrowers and its their respective Subsidiaries (and to make copies thereof and extracts therefrom) and to discuss the affairs, finances and accounts of the Borrower Borrowers and its their respective Subsidiaries with, and to be advised as to the same by, its officers, all at such reasonable times and intervals as the Agent or any Bank may reasonably request. The Banks shall use good faith efforts to coordinate such visits and inspections so as to minimize the interference with and disruption to the Borrower's Borrowers' normal business operations.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Walden Residential Properties Inc), Revolving Credit Agreement (Walden Residential Properties Inc), Term Loan Agreement (Walden Residential Properties Inc)

Inspection of Properties and Books. The Borrower shall permit the Banks, through the Agent or any representative designated by the Agent, at the Borrower's expense to visit and inspect any of the properties of the Borrower or any of its Subsidiariesand the Mezzanine Property, to examine the books of account of the Borrower and its Subsidiaries the Property Owner (and to make copies thereof and extracts therefrom) and to discuss the affairs, finances and accounts of the Borrower and its Subsidiaries the Property Owner with, and to be advised as to the same by, its officers, all at such reasonable times and intervals as the Agent or any Bank may reasonably request. The Banks shall use good faith efforts to coordinate such visits and inspections so as to minimize the interference with and disruption to the Borrower's and the Property Owner's normal business operations.

Appears in 1 contract

Samples: Loan Agreement (Wellsford Real Properties Inc)

Inspection of Properties and Books. The Borrower shall permit the Banks, through the Agent or any representative designated by the Agent, at the Borrower's expense to visit and inspect the Mortgaged Property during normal business hours at any of the properties of the Borrower or any of its Subsidiariestime after reasonable advance notice, to examine the books of account of the Borrower and its Subsidiaries the Property Owner (and to make copies thereof and extracts therefrom) and to discuss the affairs, finances and accounts of the Borrower and its Subsidiaries the Property Owner with, and to be advised as to the same by, its members and officers, all at such reasonable times and intervals as the Agent or any Bank may reasonably request. The Banks shall use good faith efforts to coordinate such visits and inspections so as to minimize the interference with and disruption to the Borrower's and the Property Owner's normal business operations.

Appears in 1 contract

Samples: Credit Agreement (Wellsford Real Properties Inc)

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Inspection of Properties and Books. The Borrower shall permit the BanksLenders, through the Agent or any representative designated by the Agent, at the Borrower's Borrowers expense to visit and inspect any of the properties of the Borrower or any of its Subsidiaries, to examine the books of account of the Borrower and its Subsidiaries (and to make copies thereof and extracts therefrom) and to discuss the affairs, finances and accounts of the Borrower and its Subsidiaries with, and to be advised as to the same by, its officers, all at such reasonable times and intervals as the Agent or any Bank Lender may reasonably request. The Banks Lenders shall use good faith efforts to coordinate such visits and inspections so as to minimize the interference with and disruption to the Borrower's Borrowers normal business operations.

Appears in 1 contract

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)

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