Common use of Access and Examination Clause in Contracts

Access and Examination. No more than three (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever a Default or Event of Default exists and is continuing, the Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours have access to, examine, audit, make extracts from or copies of and inspect any or all of each Grantor’s records, files, and books of account and the Collateral, and discuss such Grantor’s affairs with such Grantor’s officers and management. Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for such Grantor. The Agent may, and at the direction of the Majority Lenders shall, at any time whenever a Default or Event of Default exists, and at such Grantor’s expense, make copies of all of such Grantor’s books and records, or require such Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of such Grantor’s respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s Liens. The Agent shall have the right, at any time, in the Agent’s name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Pledge and Security Agreement (Levi Strauss & Co)

Access and Examination. No more than three The Agent may at all reasonable ---------------------- times during regular business hours (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever when a Default or Event of Default exists and is continuing, the Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours ) have access to, examine, audit, make extracts from or copies of and inspect any or all of each Grantor’s 's records, files, and books of account and the Collateral, and discuss such each Grantor’s 's affairs with such Grantor’s officers 's officers. The foregoing may be accomplished by Agent's own employees or its agents or independent contractors, at the Grantors' sole expense and managementprovided such Persons are subject to the confidentiality requirements set forth in Section 14.17 of the Credit Agreement. Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for such Grantor. The Agent may, and at the direction of the Majority Required Lenders shall, at any time whenever when a Default or Event of Default exists, and at such Grantor’s the Grantors' expense, make copies of all of such Grantor’s the Grantors' books and records, or require such Grantor the Grantors to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of such Grantor’s the Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to contact Account Debtors, warehousemen, bailees, and similar third Persons, and to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Security Agreement (Mail Well Inc)

Access and Examination. No more than three The Agent may at all reasonable times ---------------------- during regular business hours (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever when a Default or Event of Default exists and is continuing, the Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours ) have access to, examine, audit, make extracts from or copies of and inspect any or all of each Grantor’s 's records, files, and books of account and the Collateral, and discuss such each Grantor’s 's affairs with such Grantor’s officers 's officers. The foregoing may be accomplished by Agent's own employees or its agents or independent contractors, at the Grantors' sole expense and managementprovided such Persons are subject to the confidentiality requirements set forth in Section 14.17 of the Credit Agreement. Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for such Grantor. The Agent may, and at the direction of the Majority Required Lenders shall, at any time whenever when a Default or Event of Default exists, and at such Grantor’s the Grantors' expense, make copies of all of such Grantor’s the Grantors' books and records, or require such Grantor the Grantors to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of such Grantor’s the Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to contact Account Debtors, warehousemen, bailees, and similar third Persons, and to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Security Agreement (Mail Well Inc)

Access and Examination. No more than three The Lender may at all reasonable times during regular business hours (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever when a Default or Event of Default exists and is continuing, the Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours ) have access to, examine, audit, make extracts from or copies of and inspect any or all of each Grantor’s records, files, and books of account and the Collateral, and discuss such each Grantor’s affairs with such Grantor’s officers and management. The foregoing may be accomplished by the Lender’s own employees or its agents or independent contractors, at the Grantors’ sole expense except to the extent set forth in the Credit Agreement. Each Grantor will deliver to the Agent Lender any instrument necessary for the Agent Lender to obtain records from any service bureau maintaining records for such Grantor. The Agent may, and at the direction of the Majority Lenders shall, Lender may at any time whenever when a Default or Event of Default exists, and at such Grantor’s the Grantors’ expense, make copies of all of such Grantor’s the Grantors’ books and records, or require such Grantor the Grantors to deliver such copies to the AgentLender. The Agent Lender may, without expense to the AgentLender, use such of such Grantor’s the Grantors’ respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the AgentLender’s Liens. The Agent Lender shall have the right, at any time, in the AgentLender’s name or in the name of a nominee of the AgentLender, to contact Account Debtors and to verify the validity, amount or any other matter relating to the Accounts, Inventory, Accounts or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Credit Agreement (Remedytemp Inc)

Access and Examination. No more than three (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice Subject to the relevant Grantor, or at any time with or without notice whenever a Default or Event of Default exists limitations imposed on the Collateral Agent and is continuingthe Lenders in the Credit Agreement, the Collateral Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours (and at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of each Grantor’s the Grantors’ records, files, and books of account and the Collateral, and discuss such Grantor’s the Grantors’ affairs with such Grantor’s the Grantors’ officers and management. Each Grantor The Grantors will deliver to the Collateral Agent any instrument necessary for the Collateral Agent to obtain records from any service bureau maintaining records for such Grantorthe Grantors. The Collateral Agent may, and at the direction of the Majority Lenders shall, at any time whenever when a Default or Event of Default exists, and at such Grantor’s the Grantors’ expense, make copies of any or all of such Grantor’s the Grantors’ books and records, or require such Grantor the Grantors to deliver such copies to the Collateral Agent. The During the existence of an Event of Default, the Collateral Agent may, without expense to the Collateral Agent, use such of such Grantor’s the Grantors’ respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Collateral Agent’s Liens. The Collateral Agent shall have the right, at any time, in the Collateral Agent’s name or in the name of a nominee of the Collateral Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, Equipment or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Security Agreement (Miller Industries Inc /Tn/)

Access and Examination. No more than three (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever a Default or Event of Default exists and is continuing, the The Agent, accompanied by any Lender which so electselects with the consent of the Agent, may may, upon prior notice to any Grantor, at all reasonable times during regular business hours (and at any time and without notice to any Grantor when a Default or Event of Default exists) have access to, examine, audit, make extracts from or copies of of, and inspect any or all of each Grantor’s 's records, files, and books of account and the Collateral, and discuss such Grantor’s the affairs of each Grantor with such Grantor’s 's officers and managementmanagement and the officers and management of any other Grantor. Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for such Grantor. The Agent may, and at the direction of the Majority Lenders shall, at any time whenever when a Default or Event of Default exists, and at such Grantor’s 's expense, make copies of all of such any Grantor’s 's books and records, or require such Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of such Grantor’s the Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount amount, or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Security Agreement (Daisytek International Corporation /De/)

Access and Examination. No more than three (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever a Default or Event of Default exists and is continuing, the The Agent, accompanied by any Lender which so electselects with the consent of the Agent, may may, upon prior notice to the Grantor, at all reasonable times during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default exists) have access to, examine, audit, make extracts from or copies of of, and inspect any or all of each the Grantor’s 's records, files, and books of account and the Collateral, and discuss such the affairs of the Grantor with the Grantor’s affairs with such Grantor’s 's officers and management. Each The Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for such the Grantor. The Agent may, and at the direction of the Majority Lenders shall, at any time whenever when a Default or Event of Default exists, and at such the Grantor’s 's expense, make copies of all of such the Grantor’s 's books and records, or require such the Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of such the Grantor’s 's respective personnel, supplies, and Real Estate as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount amount, or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Sources: Security Agreement (Daisytek International Corporation /De/)