Right to Inspect; Further Assignments and Security Interests. Agent may at all reasonable times (and at any time when an Event of Default exists) have access to, examine, audit, make copies (at Grantor's expense) and extracts from and inspect Grantor's premises and examine Grantor's books, records and operations relating to the Patents and Licenses; PROVIDED, THAT in conducting such inspections and examinations, Agent shall use reasonable efforts not to disturb unnecessarily the conduct of Grantor's ordinary business operations. From and after the occurrence of an Event of Default, Grantor agrees that Agent, or a conservator appointed by Agent, shall have the right to establish such reasonable additional product quality controls as Agent or such conservator, in its sole and absolute judgment, may deem necessary to assure maintenance of the quality of products sold by Grantor under the Patents and the Licenses or in connection with which such Patents and Licenses are used. Grantor agrees (i) not to sell or assign its respective interests in, or grant any license under, the Patents or the Licenses without the prior and express written consent of Agent, (ii) to maintain the quality of such products as of the date hereof, and (iii) not to change the quality of such products in any material respect without Agent's prior and express written consent.
Right to Inspect; Further Assignments and Security Interests. Lender shall have the right, at any reasonable time and from time to time, to inspect Borrower’s premises and to examine Borrower’s books, records and operations relating to the Trademarks, including, without limitation, Borrower’s quality control processes; provided, that in conducting such inspections and examinations, Lender shall use its best efforts not to disturb unnecessarily the conduct of Borrower’s ordinary business operations and provided further, that if no Event of Default has occurred and is continuing, Lender shall give Borrower at least 24 hours prior written notice of such inspection. From and after the occurrence of an Event of Default, and subject to the terms of the Note Purchase Agreement and the Senior Subordination Agreement, Borrower agrees that Lender or a conservator appointed by Lender, shall have the right to establish such reasonable additional product quality controls as Lender or such conservator, in its sole judgment may deem necessary to assure maintenance of the quality of products sold by Borrower under the Trademarks. Borrower agrees (i) not to sell or assign its respective interests in, or grant any license under, the Trademarks without the prior written consent of Lender, which consent shall not be unreasonably withheld or delayed, (ii) to maintain the quality of any and all products in connection with which the Trademarks are used, consistent with the quality of said products as of the date hereof, and (iii) not to change the quality of such products in any material respect without the prior written consent of Lender, which consent shall not be unreasonably withheld or delayed.
Right to Inspect; Further Assignments and Security Interests. Lender may at all reasonable times (and at any time when an Event of Default or Default exists) have access to, examine, audit, make copies (at Borrower's expense) and extracts from and inspect Borrower's premises and examine Borrower's books, records and operations relating to the Patents and Licenses. Borrower agrees not to sell or assign its respective interests in, or grant any license under, the Copyrights or the Licenses without the prior written consent of Lender.
Right to Inspect; Further Assignments and Security Interests. Lender shall have the right, at any reasonable time and from time to time, to inspect Borrower’s premises and to examine Borrower’s books, records and operations relating to the Patents; provided, that in conducting such inspections and examinations, Lender shall use its best efforts not to disturb unnecessarily the conduct of Borrower’s ordinary business operations, and provided, further, that if no Event of Default has occurred and is continuing, Lender shall give Borrower at least 24 hours prior written notice of any such inspection. Borrower agrees not to sell or assign its respective interests in, or grant any license under, the Patents without the prior written consent of Lender, which consent shall not be unreasonably withheld or delayed.
Right to Inspect; Further Assignments and Security Interests. Agent shall have the right, at any reasonable time and from time to time, to inspect the premises and to examine the books, records, and operations of Company relating to the Trademarks and the Licenses including, without limitation, Company’s quality control processes. From and after the occurrence of, and during the continuance of, an Event of Default, and subject to the terms of the Purchase Agreement, the Company agrees that Agent or a conservator appointed by Agent, shall have the right to establish such reasonable additional product quality controls as Agent or such conservator, in its sole judgment, may deem necessary to assure maintenance of the quality of products sold by Company under the Trademarks or the Licenses. The Company agrees (i) not to sell or assign its respective interests in, or grant any license under, the Trademarks or the Licenses outside the ordinary course of business in accordance with past practices without the prior written consent of Agent, (ii) to maintain the quality of any and all products in connection with which the Trademarks are used, consistent with the quality of said products as of the date hereof, and (iii) not to reduce the quality of such products in any material respect without the prior written consent of Agent.
Right to Inspect; Further Assignments and Security Interests. The Agent may at all reasonable times (and at any time when an Unmatured Default or Default exists) have access to, examine, audit, make copies (at Grantor's expense) and extracts from and inspect Grantor's premises and examine Grantor's books, records and operations relating to the Patents and Licenses; PROVIDED, that in conducting such inspections and examinations, the Agent shall use reasonable efforts not to disturb unnecessarily the conduct of Grantor's ordinary business operations. Grantor agrees not to sell or assign its respective interests in, or grant any license under, the Patents or the Licenses without the prior and express written consent of the Agent.
Right to Inspect; Further Assignments and Security Interests. Grantee shall have the right, in accordance with the terms and conditions of the Security Agreement, to inspect the premises of Grantor and to examine the books, records and operations of Grantor relating to the Patents. Grantor agrees not to sell or assign its respective interests in, or grant any license under (other than granting any license in the ordinary course of business), the Patents without the prior written consent of Grantee.
Right to Inspect; Further Assignments and Security Interests. Agent shall have the right, at any reasonable time and from time to time, to inspect the premises of Grantor and to examine the books, records and operations of Grantor relating to the patents; provided, that in conducting such inspections and examinations, Agent shall use reasonable efforts not to disturb unnecessarily the conduct of Grantor's ordinary business operations. Grantor agrees not to sell or assign its respective interests in, or grant any license under, the Patents without the prior written consent of Agent which will not be unreasonably withheld or delayed.
Right to Inspect; Further Assignments and Security Interests. The Lender shall have the right, at any reasonable time and from time to time, to inspect the Borrower's premises and to examine the Borrower's books, records and operations relating to the Patents or Licenses, including, without limitation, the Borrower's quality control processes; provided that Lender shall not unreasonably interfere with Borrower's business or operations during such inspection. Notwithstanding the foregoing, after the occurrence and during the continuation of an Event of Default, the Lender shall have the right to conduct an inspection at such times as the Lender may, in its discretion, deem appropriate. Any and all such visitations and inspections by the Lender shall be at the Borrower's expense. The Borrower agrees not to sell or assign its interest in, or grant any license under, the Patents or Licenses without the prior written consent of the Lender.
Right to Inspect; Further Assignments and Security Interests. Lender may at all reasonable times (and at any time when an Event of Default or Default exists) have access to, examine, audit, make copies (at Borrower's expense) and extracts from and inspect Borrower's premises and examine Borrower's books, records and operations relating to the Trademarks and Licenses. From and after the occurrence of an Event of Default or a Default, Borrower agrees that Lender, or a conservator appointed by Lender, shall have the right to establish such reasonable additional product quality controls as Lender or such conservator, in its sole and absolute judgment, may deem necessary to assure maintenance of the quality of products sold by borrower under the Trademarks and the Licenses or in connection with which such Trademarks and Licenses are used. Borrower agrees (i) not to sell or assign its respective interests in, or grant any license under, the Trademarks or the Licenses without the prior written consent of Lender, (ii) to maintain the quality of such products as of the date hereof, and (iii) not to change the quality of such products in any material respect without Lender's prior written consent.
