Common use of Books and Records; Inspection and Examination Clause in Contracts

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 5 contracts

Samples: Credit and Security Agreement (2nd Swing Inc), Credit and Security Agreement (Metretek Technologies Inc), Credit and Security Agreement (Zila Inc)

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Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors Account Debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 4 contracts

Samples: Credit and Security Agreement (Netlist Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 3 contracts

Samples: Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Bionova Holding Corp), Credit and Security Agreement (Digital Angel Corp)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directorsdirectors, Officersofficers, employees or agents. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral, other collateral covered by the Security Documents or any other property of the Borrower at any time during ordinary business hours. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to the Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 2 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Books and Records; Inspection and Examination. The Each Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the such Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the such Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the such Borrower, and to discuss the such Borrower's ’s affairs with any of its Directors, Officersofficers, employees or agents. Each Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral, other collateral covered by the Security Documents or any other property of such Borrower at any time during ordinary business hours. The Borrower Borrowers hereby irrevocably authorizes authorize all accountants and third parties to disclose and deliver to the Lender, at the Borrower's Borrowers’ expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hoursBorrowers.

Appears in 2 contracts

Samples: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the BorrowerBorrower provided however that the authorization granted herein shall not be deemed to authorize any attorney to disclose information subject to the attorney client privilege. The Borrower will permit the Lender, or its employees, accountants, attorneys attorneys, or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Loan and Security Agreement (Millennium Ethanol, LLC)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.to

Appears in 1 contract

Samples: Credit and Security Agreement (Metretek Technologies Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral Collateral. The Borrower and its Subsidiaries will keep accurate books of record and account for themselves and pertaining to the Borrower's business their respective businesses and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all of its company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrowerit, and to discuss the Borrower's its affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at its expense and the expense of the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrowerit and its Subsidiaries. The Borrower will permit the Lender, Lender or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower its properties at any time during ordinary business hours.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (HC2 Holdings, Inc.)

Books and Records; Inspection and Examination. The Borrower Each Obligor will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's its business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower such Obligor at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrowersuch Obligor, and to discuss the Borrowersuch Obligor's affairs with any of its Directors, Officers, employees or agents. The Borrower Each Obligor hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrowersuch Obligor's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrowersuch Obligor. The Borrower Each Obligor will permit the Lender, or its employees, accountants, attorneys or agents, upon request, to examine and inspect any Collateral or any other property of the Borrower such Obligor at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (U S Plastic Lumber Corp)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the Borrower at all times during ordinary business hourshours and upon reasonable notice, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directorsdirectors, Officersofficers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral Collateral, other collateral covered by the Security Documents or any other property of the Borrower at any time during ordinary business hourshours and upon reasonable notice. Account Verification. The Lender may at any time and from time to time send or require the Borrower to send requests for verification of accounts or notices of assignment to account debtors and other obligors. The Lender may also at any time and from time to time telephone account debtors and other obligors to verify accounts.

Appears in 1 contract

Samples: Credit and Security Agreement (Rockshox Inc)

Books and Records; Inspection and Examination. The Each Borrower will keep accurate books of record and account for itself themselves pertaining to the Collateral and pertaining to the Borrower's Borrowers’ business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower Borrowers at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the BorrowerBorrowers, and to discuss the Borrower's Borrowers’ affairs with any of its their Directors, Officers, employees or agents. The Each Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's Borrowers’ expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the BorrowerBorrowers. The Each Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower Borrowers at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Smtek International Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directorsdirectors, Officersofficers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender; PROVIDED, at HOWEVER, that the Lender will not discuss the Borrower's expenseaffairs with employees or agents of the Borrower, all financial informationother than directors, books and recordsofficers or authorized signatories, work papers, management reports and other information in their possession regarding without prior notice to the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral Collateral, other collateral covered by the Security Documents or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Fourth Shift Corp)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors Account Debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directorsdirectors, Officersofficers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the BorrowerBorrower provided however that the authorization granted herein shall not be deemed to authorize any attorney to disclose information subject to the attorney client privilege. The Borrower will permit the Lender, or its employees, accountants, attorneys attorneys, or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Management Agreement (REX AMERICAN RESOURCES Corp)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books Credit and Security Agreement - 33 and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Ag Bag International LTD)

Books and Records; Inspection and Examination. The Each Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the such Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the such Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the such Borrower, and to discuss the such Borrower's affairs with any of its Directors, Officers, employees or agents. The Each Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the such Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the such Borrower. The Each Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the such Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Ramtron International Corp)

Books and Records; Inspection and Examination. The Each Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's its business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the any Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the such Borrower, and to discuss the such Borrower's affairs with any of its Directors, Officers, employees or agents. The Each Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Each Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the such Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Leather Factory Inc)

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Books and Records; Inspection and Examination. The Each Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the such Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the Borrower Borrowers at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the BorrowerBorrowers, and to discuss the Borrower's Borrowers' affairs with any of its Directorsthe Borrowers' directors, Officersofficers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower Borrowers will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the any Borrower at any time during ordinary business hours. Without limiting the generality of the foregoing, Borrowers shall cooperate with the Auditor in connection with the Auditor's audits of the Borrowers' Accounts from time to time.

Appears in 1 contract

Samples: Credit and Security Agreement (Pentastar Communications Inc)

Books and Records; Inspection and Examination. The Each Borrower will, and will cause each Subsidiary to, keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's its business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company corporate and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrowerit, and to discuss the Borrower's its affairs with any of its Directors, Officers, Officers and designated employees or agents. The Each Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to the Lender, at the Borrower's its expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the BorrowerBorrowers and their Subsidiaries. The Each Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral Collateral, other collateral covered by the Security Documents or any other property of the such Borrower or its Subsidiaries at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Sportsmans Guide Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's its business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send to and discuss with account debtors and other obligors of the Borrower requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the BorrowerBorrower unless such information is subject to attorney/client privilege. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Schuff Acquisition Corp.)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as ANPG and the Lender Administrative Agent may from time to time request request, in which true and complete entries will be made in accordance with GAAP and, upon request of ANPG and the Lender's requestAdministrative Agent, will permit any officer, employee, attorney or accountant or other agent for ANPG and the Lender Administrative Agent to audit, review, make extracts from or copy copy, at the Borrower’s expense, any and all company corporate and financial and other books and records (including, without limitation, registers recording transactions, adjustments and vouchers) of the Borrower at all times (including, without limitation, daily) during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directorsdirectors, Officersofficers, employees employees, attorneys, accountants or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the LenderLenders, or any of its officers, employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Anpath Group, Inc.)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral Collateral. The Borrower and its Subsidiaries will keep accurate books of record and account for themselves and pertaining to the Borrower's business their respective businesses and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all of its company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrowerit, and to discuss the Borrower's its affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at its expense and the expense of the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrowerit and its Subsidiaries. The Borrower will permit the Lender, Lender or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower its properties at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Schuff International Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's ’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors Account Debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's ’s affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's ’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Corsair Components, Inc.)

Books and Records; Inspection and Examination. The --------------------------------------------- Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time reasonably request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hourshours upon two Banking Day's prior notice thereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Primesource Healthcare Inc)

Books and Records; Inspection and Examination. The Borrower will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrower, and to discuss the Borrower's affairs with any of its Directors, Officers, employees or agents. The Borrower hereby irrevocably authorizes all accountants and third parties to disclose and deliver to Lender, at the Borrower's expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrower. The Borrower will permit the Lender, or its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower at any time during ordinary business hours. Absent a Default, the Lender will give 24 hours notice of each such inspection.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitty Hawk Inc)

Books and Records; Inspection and Examination. The Borrower Each Obligor will keep accurate books of record and account for itself pertaining to the Collateral and pertaining to the Borrower's such Obligor’s business and financial condition and such other matters as the Lender may from time to time request in which true and complete entries will be made in accordance with GAAP and, upon the Lender's ’s request, will permit any officer, employee, attorney or accountant for the Lender to audit, review, make extracts from or copy any and all company and financial books and records of the Borrower such Obligor at all times during ordinary business hours, to send and discuss with account debtors and other obligors requests for verification of amounts owed to the Borrowersuch Obligor, and to discuss the Borrower's such Obligor’s affairs with any of its Directors, Officers, employees or agents. The Borrower Each Obligor hereby irrevocably authorizes all accountants and third parties to disclose and deliver to the Lender, at the Borrower's such Obligor’s expense, all financial information, books and records, work papers, management reports and other information in their possession regarding the Borrowersuch Obligor. The Borrower Each Obligor will permit the Lender, or and its employees, accountants, attorneys or agents, to examine and inspect any Collateral or any other property of the Borrower such Obligor at any time time, upon one (1) Banking Days’ prior notice, during ordinary business hours.

Appears in 1 contract

Samples: Credit and Security Agreement (Infotech Usa Inc)

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