Common use of Books and Records; Inspection and Audit Rights Clause in Contracts

Books and Records; Inspection and Audit Rights. The Company will keep proper books of record and account in which full, true and correct entries are made of all dealings and transactions in relation to its business and activities. The Company will permit any representatives designated by Purchaser, upon reasonable prior notice, to visit and inspect its properties, to examine and make extracts from its books and records, and to discuss its business, assets, affairs, finances, prospects, and condition with its officers and independent accountants, all at such reasonable times during normal business hours and as often as reasonably requested. Promptly upon Purchaser’s written request therefor, the Company shall deliver to Purchaser such documents and other evidence of the existence, good standing, foreign qualification and financial condition of the Company as Purchaser shall request from time to time.

Appears in 11 contracts

Samples: Securities Purchase Agreement (Fuse Science, Inc.), Securities Purchase Agreement (MusclePharm Corp), Securities Purchase Agreement (Biozone Pharmaceuticals, Inc.)

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Books and Records; Inspection and Audit Rights. The Company will keep proper books of record and account in which full, true and correct entries are made of all dealings and transactions in relation to its business and activities. The Company will permit any representatives designated by PurchaserLenders, upon reasonable prior notice, to visit and inspect its properties, to examine and make extracts from its books and records, and to discuss its business, assets, affairs, finances, prospects, and condition with its officers and independent accountants, all at such reasonable times during normal business hours and as often as reasonably requested. Promptly upon PurchaserLender’s written request therefor, the Company shall deliver to Purchaser Lender such documents and other evidence of the existence, good standing, foreign qualification and financial condition of the Company as Purchaser Lender shall request from time to time.

Appears in 8 contracts

Samples: Note Purchase Agreement (Berkshire Homes, Inc.), Note Purchase Agreement (Cannabis-Rx Inc.), Note Purchase Agreement (Longview Real Estate, Inc.)

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