Common use of To Keep Books; Inspection by Mortgagee Clause in Contracts

To Keep Books; Inspection by Mortgagee. Mortgagor will keep proper books of record and account, in which full and correct entries shall be made of all dealings or transactions of or in relation to the properties, business and affairs of Mortgagor in accordance with generally accepted accounting principles consistently applied. Said books shall be maintained in an office located either in Atlantic City, New Jersey or in the Borough of Manhattan, City of New York, State of New York. Mortgagor shall at any and all times, upon request of Mortgagee and at the expense of Mortgagor, permit Mortgagee and its representatives to inspect the Casino Hotel and any other buildings, structures and improvements now or hereafter located on the Land and the books of account, records, reports and other papers of Mortgagor, and to make copies and extracts therefrom, and will afford and procure a reasonable opportunity to make any such inspection (provided, that any such inspection shall not unreasonably interfere with the business operations of Mortgagor), and Mortgagor will furnish to Mortgagee any and all information as Mortgagee may reasonably request, with respect to the performance by Mortgagor of its covenants in this Mortgage.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Trump Communications LLC), Indenture of Mortgage and Security Agreement (Trump Communications LLC)

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To Keep Books; Inspection by Mortgagee. Mortgagor will keep proper books of record and account, in which full and correct entries shall be made of all dealings or transactions of or in relation to the properties, business and affairs of Mortgagor in accordance with generally accepted accounting principles consistently applied. Said books shall be maintained in an office located either in Atlantic City, New Jersey or in the Borough of Manhattan, City of New York, State of New York. Mortgagor shall at any and all times, upon request of Mortgagee and at the expense of Mortgagor, permit Mortgagee and its representatives to inspect the Casino Hotel and any other buildings, structures and improvements now or hereafter located on the Land and the books of account, records, reports and other papers of Mortgagor, and to make copies and extracts therefrom, and will afford and procure a reasonable opportunity to make any such inspection (provided, that any such inspection shall not unreasonably interfere with the business operations of Mortgagor), and Mortgagor will furnish to Mortgagee any and all information as Mortgagee may reasonably request, with respect to the performance by Mortgagor of its covenants in this TCHI Note Guarantee Mortgage.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Trumps Castle Associates Lp)

To Keep Books; Inspection by Mortgagee. Mortgagor will keep proper books of record and account, in which full and correct entries shall be made of all dealings or transactions of or in relation to the properties, business and affairs of Mortgagor in accordance with generally accepted accounting principles consistently applied. Said books shall be maintained in an office located either in Atlantic City, New Jersey or in the Borough of Manhattan, City of New York, State of New York. Mortgagor shall at any and all times, upon request of Mortgagee and at the expense of Mortgagor, permit Mortgagee and its representatives to inspect the Casino Hotel and any other buildings, structures and improvements now or hereafter located on the Land and the books of account, records, reports and other papers of Mortgagor, and to make copies and extracts therefrom, and will afford and procure a reasonable opportunity to make any such inspection (provided, that any such inspection shall not unreasonably interfere with the business operations of Mortgagor), and Mortgagor will furnish to Mortgagee any and all information as Mortgagee may reasonably request, with respect to the performance by Mortgagor of its covenants in this Senior Guarantee Mortgage.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Trumps Castle Associates Lp)

To Keep Books; Inspection by Mortgagee. Mortgagor will keep proper books of record and account, in which full and correct entries shall be made of all dealings or transactions of or in relation to the Senior Partnership Note and the properties, business and affairs of Mortgagor in accordance with generally accepted accounting principles consistently applied. Said books shall be maintained in an office located either in Atlantic City, New Jersey or in the Borough of Manhattan, City of New York, State of New York. Mortgagor shall at any and all times, upon request of Mortgagee and at the expense of Mortgagor, permit Mortgagee and its representatives to inspect the Casino Hotel and any other buildings, structures and improvements now or hereafter located on the Land and the books of account, records, reports and other papers of Mortgagor, and to make copies and extracts therefrom, and will afford and procure a reasonable opportunity to make any such inspection (provided, that any such inspection shall not unreasonably interfere with the business operations of Mortgagor), and Mortgagor will furnish to Mortgagee any and all information as Mortgagee may reasonably request, with respect to the performance by Mortgagor of its covenants in this Mortgage.

Appears in 1 contract

Samples: Indenture of Mortgage and Security Agreement (Trumps Castle Associates Lp)

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To Keep Books; Inspection by Mortgagee. Mortgagor will keep proper books of record and account, in which full and correct entries shall be made of all dealings or transactions of or in relation to the Senior Partnership Upstream Note and the properties, business and affairs of Mortgagor in accordance with generally accepted accounting principles consistently applied. Said books shall be maintained in an office located either in Atlantic City, New Jersey or in the Borough of Manhattan, City of New York, State of New York. Mortgagor shall at any and all times, upon request of Mortgagee and at the expense of Mortgagor, permit Mortgagee and its representatives to inspect the Casino Hotel and any other buildings, structures and improvements now or hereafter located on the Land and the books of account, records, reports and other papers of Mortgagor, and to make copies and extracts therefrom, and will afford and procure a reasonable opportunity to make any such inspection (provided, that any such inspection shall not unreasonably interfere with the business operations of Mortgagor), and Mortgagor will furnish to Mortgagee any and all information as Mortgagee may reasonably request, with respect to the performance by Mortgagor of its covenants in this Mortgage.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Trumps Castle Associates Lp)

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