Common use of Access; Right of Inspection Clause in Contracts

Access; Right of Inspection. The Collateral Agent shall at all times, upon reasonable prior notice, have free reasonable access during normal business hours to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense), and each Grantor agrees to render to the Collateral Agent, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall upon reasonable notice and at such reasonable times during normal business hours also have the right to enter any premises of each Grantor one time per fiscal year (or, if an Event of default has occurred and is continuing, on an unlimited basis) and inspect any property of each Grantor where any of the Collateral is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense).

Appears in 3 contracts

Sources: Refinancing Amendment No. 4 and Amendment to Pledge and Security Agreement (Hologic Inc), Refinancing Amendment (Hologic Inc), Refinancing Amendment (Hologic Inc)

Access; Right of Inspection. The Upon reasonable notice, the Collateral Agent shall at all timesshall, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) at reasonable prior notice, have free reasonable access times during normal business hours hours, receive access to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense), and each Grantor agrees to render to the Collateral Agent, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall shall, upon reasonable notice notice, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) at such reasonable times during normal business hours hours, also have the right to enter any premises of each Grantor one time per fiscal year (or, if an Event of default has occurred and is continuing, on an unlimited basis) and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense).

Appears in 3 contracts

Sources: Second Lien Pledge and Security Agreement (Vonage Holdings Corp), First Lien Pledge and Security Agreement (Vonage Holdings Corp), Third Lien Pledge and Security Agreement (Vonage Holdings Corp)

Access; Right of Inspection. The Collateral Agent shall at all times, times have full and free access during regular business hours and upon reasonable prior notice, have free reasonable access notice to the president or principal financial officer of a Grantor (except that no such prior notice shall be required after the occurrence and during normal business hours the continuance of any Default or Event of Default) to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense), and each Grantor agrees to render to the Collateral Agent, at such Grantor’s 's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall upon reasonable notice and at such reasonable all times during normal business hours also have the right to enter any premises of each Grantor one time per fiscal year during regular business hours and upon reasonable prior notice (or, if an except that no such prior notice shall be required after the occurrence and during the continuance of any Default or Event of default has occurred and is continuing, on an unlimited basisDefault) and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense).

Appears in 1 contract

Sources: Security and Pledge Agreement (Hawk Corp)