Books and Records; Inspection; Audits. The Borrower shall: (1) maintain complete and accurate books and financial records in accordance with GAAP (except that interim financial statements need not contain footnotes and may be subject to normal year-end audit adjustments); (2) during normal working hours permit the Agent, the Banks and Persons designated by the Agent and the Banks to visit and inspect its properties and to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its directors, officers, employees and agents and its independent public accountants; and (3) permit the Agent, the Banks and Persons designated by the Agent and the Banks to perform reviews of such books and financial records when and as requested by the Agent or any Bank.
Books and Records; Inspection; Audits. (a) The Borrower shall, and shall cause each Obligor to, maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; the Borrower shall, and shall cause each Obligor to, permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable written notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) any of the offices and other facilities of the Borrower or such other Obligor to examine the books and records of the Borrower or such Obligor and make copies or extracts therefrom, to examine the inventory and other assets of the Borrower or such other Obligor to conduct field examinations and collateral audits with respect to the assets of the Borrower or such other Obligor, and to discuss the affairs, inventory and accounts of the Borrower or such other Obligor with its officers and accountants; provided that such inspections, field examinations or audits shall not unreasonably interfere with business operations.
Books and Records; Inspection; Audits. (i) Maintain complete and accurate books and financial records in accordance with GAAP; (ii) during normal working hours permit the Administrative Agent and Persons designated by the Administrative Agent to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and agents and its independent public accountants at the expense of the Borrower; and (iii) permit the Administrative Agent and Persons designated by the Administrative Agent to perform audits of such books and financial records at the expense of the Borrower when and as requested by the Administrative Agent.
Books and Records; Inspection; Audits. (i) Maintain complete and accurate books and financial records in accordance with GAAP; (ii) during normal working hours permit the Administrative Agent and Persons designated by the Administrative Agent to visit and inspect its properties and to conduct any environmental tests or audits thereon, to perform audits of its accounts receivable and inventory and to inspect its books and financial records (including its journals, orders, receipts and correspondence which relate to its accounts receivable and inventory), to make copies and to take extracts therefrom, and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and agents and its independent public accountants at the expense of the Borrower; (iii) permit the Administrative Agent and Persons designated by the Administrative Agent to perform audits of such books and financial records at the expense of the Borrower when and as requested by the Administrative Agent.
Books and Records; Inspection; Audits. The Borrower shall maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) the Property and any of the offices of the Borrower, to examine the books and records of the Borrower and make copies or extracts therefrom and to discuss the affairs of the Borrower with its officers and accountants.
Books and Records; Inspection; Audits. Each Borrower shall, and shall cause each of its Subsidiaries to: (1) maintain complete and accurate books and financial records in accordance with GAAP (except that interim financial statements need not contain footnotes and may be subject to normal year-end audit adjustments); (2) during normal working hours permit the Agent, any Bank and Persons designated by the Agent or any Bank to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its Accounts), and to discuss its affairs, finances and Accounts and operations with its directors, officers, employees and agents and its independent public accountants; and (3) permit the Agent, any Bank and Persons designated by the Agent or any Bank to perform audits of such books and financial records when and as reasonably requested by the Agent or any Bank. At least once every 12 months, the Borrowers at their expense shall cause an auditor reasonably satisfactory to the Agent to deliver to the Agent and the Banks a report, reasonably satisfactory in form to the Agent, regarding the Inventory and Accounts of each Borrower and Guarantor Subsidiary; provided, however, that, so long an any Event of Default exists, Borrowers at their expense shall cause such auditor’s report to be issued and delivered to the Agent and the Banks at such times and as frequently as the Agent may request.
Books and Records; Inspection; Audits. The Borrower shall maintain, and shall cause each of its Domestic Subsidiaries to maintain, proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; the Borrower shall permit, and shall cause each of its Domestic Subsidiaries to permit, authorized representatives of the Bank to visit and inspect from time to time upon reasonable notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) any of the offices, inventory locations and other facilities of the Borrower or such Subsidiary, to examine the books and records of the Borrower or such Subsidiary and make copies or extracts therefrom, to examine the Inventory of the Borrower or such Subsidiary, to conduct field examinations with respect to the assets of the Borrower and its Domestic Subsidiaries, to verify the eligibility of the Inventory and Accounts of the Borrower and its Domestic Subsidiaries for inclusion in the Borrowing Base, and to discuss the affairs, inventory and accounts of the Borrower and its Domestic Subsidiaries with its officers and accountants. The Borrower shall permit, and shall cause each of its Domestic Subsidiaries to permit, the Bank to conduct field examinations thereof every 90 days, or with such greater frequency as the Bank may require.
Books and Records; Inspection; Audits. 12.2.1 Seller shall at all times maintain complete, accurate and current books and records, including a general ledger and subsidiary ledgers, cash receipts and disbursement journals, sales journals, and such other records as a business such as Seller shall reasonably maintain, in accordance with the standards set forth in Section 727(a)(3) of the United States Bankruptcy Code.
Books and Records; Inspection; Audits. (A) Maintain complete and accurate books and financial records in accordance with GAAP; and (B) during normal working hours permit the Collateral Agent and the Noteholders to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and its independent public accountants at the expense of the Guarantor.
Books and Records; Inspection; Audits. The Borrower shall, and shall cause each Subsidiary to, maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; the Borrower shall, and shall cause each Subsidiary to, permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable written notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) any of the offices and other facilities of the Borrower or such Subsidiary to examine the books and records of the Borrower or such Subsidiary and make copies or extracts therefrom, to examine the inventory and other assets of the Borrower or such Subsidiary, to conduct field examinations and collateral audits with respect to the assets of the Borrower or such Subsidiary, and to discuss the affairs, inventory and accounts of the Borrower or such Subsidiary with its officers and accountants, provided that such inspections, field examinations or audits shall not unreasonably interfere with business operations.
