Common use of Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings Clause in Contracts

Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such person at reasonable times during normal business hours and after reasonable prior notice and as often as reasonably requested (but no more than twice per fiscal year of Corel, unless an Event of Default has occurred and is continuing) and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such person with the officers thereof and independent accountants therefor (if agreed to by such accountants).

Appears in 2 contracts

Samples: Credit Agreement (Corel Corp), Credit Agreement (Corel Corp)

AutoNDA by SimpleDocs

Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all material dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries Subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect inspect, at the cost of the Borrower, the financial records and the properties of such person Person at reasonable times during normal business hours and after reasonable prior notice and as often as reasonably requested (but no more than twice per fiscal year of Corelthe Borrower, unless an Event of Default has occurred and is continuingcontinuing at the time of such visit) and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such person Person with the officers thereof and independent accountants therefor (if agreed to by such accountants)therefor.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pacific Drilling S.A.)

Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender or Holder (other than VPC) to visit and inspect the financial records and the properties of such person Person at reasonable times during normal business hours and after reasonable prior notice and as often as reasonably requested (but no more than twice per fiscal year of Corelthe Borrower, unless an Event of Default has occurred and is continuing) and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender or Holder (other than VPC) to discuss the affairs, finances and condition of such person Person with the officers thereof and independent accountants therefor (if agreed to by such accountants)therefor.

Appears in 1 contract

Samples: Credit Agreement (Community Choice Financial Inc.)

Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender or Holder to visit and inspect the financial records and the properties of such person Person at reasonable times during normal business hours and after reasonable prior notice and as often as reasonably requested (but no more than twice per fiscal year of Corelthe Borrower, unless an Event of Default has occurred and is continuing) and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender or Holder to discuss the affairs, finances and condition of such person Person with the officers thereof and independent accountants therefor (if agreed to by such accountants)therefor.

Appears in 1 contract

Samples: Revolving Credit Agreement (Community Choice Financial Inc.)

AutoNDA by SimpleDocs

Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. (a) Keep a)Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender or Holder to visit and inspect the financial records and the properties of such person Person at reasonable times during normal business hours and after reasonable prior notice and as often as reasonably requested (but no more than twice per fiscal year of Corelthe Borrower, unless an Event of Default has occurred and is continuing) and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender or Holder to discuss the affairs, finances and condition of such person Person with the officers thereof and independent accountants therefor (if agreed to by such accountants)therefor.

Appears in 1 contract

Samples: Revolving Credit Agreement (CCF Holdings LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.