Common use of Visitation; Audits Clause in Contracts

Visitation; Audits. The Borrower shall permit or shall cause to be permitted such Persons as the Lender may designate to visit and inspect any of the properties of the Borrower, to examine, and to make copies and extracts from, the books and records of the Borrower and to discuss its affairs with its officers, employees and independent accountants during normal business hours. The Borrower shall authorize its officers, employees and independent accountants to discuss with the Lender the affairs of the Borrower. The Lender may conduct such audits at its reasonable discretion and as often as it reasonably deems necessary. The Borrower shall pay all reasonable costs incurred in connection with conducting such audits.

Visitation; Audits. The Borrower shall permit or shall cause to be permitted such Persons as the Lender Bank may designate to visit and inspect any of the properties of the Borrower, to examine, and to make copies and extracts from, the books and records of the Borrower and to discuss its affairs with its officers, employees and independent accountants during normal business hours. The Borrower shall authorize its officers, employees and independent accountants to discuss with the Lender Bank the affairs of the Borrower. The Lender Bank may conduct such audits at its reasonable discretion and as often as it reasonably deems necessary. The Borrower shall pay all reasonable costs incurred in connection with conducting such audits, at the Borrower’s expense.