Common use of Inspection of Property Clause in Contracts

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any Underlying Common Stock), upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss the affairs, finances and accounts of any such corpora-tions with the directors, officers, key employees and inde-pen-dent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by Purchaser or any holder of Underlying Common Stock to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 3 contracts

Samples: Pointe Communications Corporation Note and Warrant Purchase Agreement (Pointe Communications Corp), Security Agreement (Pointe Communications Corp), Purchase Agreement (Pointe Communications Corp)

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Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any Underlying Common Stock)Qualified Holder, upon reasonable notice and during normal business hourshours and such other times as any such holder may reasonably request, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by Purchaser or any holder of Underlying Common Stock Qualified Holder to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such PersonsQualified Holder.

Appears in 2 contracts

Samples: Purchase Agreement (United Usn Inc), Purchase Agreement (United Usn Inc)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any Underlying Common Stock)Investor, upon reasonable notice and during normal business hourshours and at such other times as any such holder may reasonably request, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by Purchaser or any holder of Underlying Common Stock Investor to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 2 contracts

Samples: Stockholders Agreement (Cottontops Inc), Stockholders Agreement (Anvil Holdings Inc)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any Underlying Common Stock)a Significant Stockholder, upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions Company and its Subsidiaries with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by Purchaser or any holder of Underlying Common Stock such Stockholder to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons. The provisions of this Section 10 shall terminate upon the consummation of a Qualified Public Offering or a Sale of the Company.

Appears in 1 contract

Samples: Stock Purchase and Contribution Agreement (Komag Inc /De/)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any Underlying Common Stock), Qualified Holder upon reasonable notice and during normal business hourshours and such other times as any such holder may reasonably request, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions entities with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by Purchaser or any holder of Underlying Common Stock Qualified Holder to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Personsdiscussions.

Appears in 1 contract

Samples: Shareholders Agreement (Pac-West Telecomm Inc)

Inspection of Property. The Company shall permit any ------------------------ ---------------------- representatives designated by any Purchaser (so long as such Purchaser holds any Underlying Common Stock)) or any holder of at least 5% of the Underlying Common Stock, upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom therefrom, and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by any Purchaser or any holder of Underlying Common Stock to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 1 contract

Samples: Purchase Agreement (Centennial Communications Corp)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by a Purchaser (so long as such Purchaser holds any Underlying Common Stock), upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss the affairs, finances and accounts of any such corpora-tions the Company and its Subsidiaries with the directors, officers, key employees and inde-pen-dent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by such Purchaser or any holder of Underlying Common Stock to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 1 contract

Samples: Purchase Agreement (Pointe Communications Corp)

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Inspection of Property. The Company shall permit any ------------------------ ---------------------- representatives ("REPRESENTATIVES"), designated by any Purchaser (so long as such Purchaser holds any Underlying or group of purchasers holding at least 1% of the outstanding Common Stock)Stock equivalents, upon reasonable notice and during normal business hourshours and such other times as any such Representative may reasonably request, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by any Purchaser or any holder of Underlying Common Stock to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 1 contract

Samples: Share Purchase Agreement (Ecollege Com)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser any Investor Group (so long as such Purchaser Investor Group holds any Underlying Common Stock), Stockholder Shares) or any holder of at least 10% of the outstanding Stockholder Shares of any class upon reasonable notice and during normal business hours, hours to (i) visit and inspect any of the properties of the Company and its Subsidiariessubsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiariessubsidiaries. The presentation of an executed copy of this Agreement by Purchaser any member of an Investor Group or any such holder of Underlying Common Stock Stockholder Shares to the Company's ’s independent accountants shall constitute the Company's ’s permission to its independent accountants to participate in discussions with such Persons.

Appears in 1 contract

Samples: Stockholders Agreement (CHG Healthcare Services, Inc.)

Inspection of Property. The Company shall permit any ------------------------ representatives designated by Purchaser (so long as such Purchaser holds any holder of at least 10% of the outstanding Preferred Stock or at least 10% of the Underlying Common Stock), upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of the Company and its Subsidiaries, (ii) examine the corporate and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom and (iii) dis-cuss discuss the affairs, finances and accounts of any such corpora-tions corporations with the directors, officers, key employees and inde-pen-dent independent accountants of the Company and its Subsidiaries. The presentation of an executed copy of this Agreement by any Purchaser or any such holder of Preferred Stock or Underlying Common Stock to the Company's independent accountants shall constitute the Company's permission to its independent accountants to participate in discussions with such Persons.

Appears in 1 contract

Samples: Purchase Agreement (Esquire Communications LTD)

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