Common use of Access to Inspect Clause in Contracts

Access to Inspect. (a) Each Guarantor shall, if required by the Company, permit the Company and/or its agent to enter into and any land or premises belonging to it or where it carries on its business and inspect the same or to inspect all its accounts, records and statements and all other information relating to its assets wherever situate; Provided That so long as no Default or Event of Default has occurred and is continuing, the Company and/or its agent shall conduct such inspection in a manner so as not to unduly disrupt the business and operations of the relevant Guarantor. (b) Each Guarantor shall give or procure to be given to the Company all written authorities or other directions and provide or procure to be provided such facilities and access as the Company may require for such inspections. At all times: (i) prior to the occurrence of a Default or an Event of Default which is continuing, each Party shall bear their respective expenses incurred in connection with such inspections; and (ii) on and after the occurrence of a Default or an Event of Default which is continuing, the Guarantors jointly and severally shall bear the expenses incurred by the Company and/or its agents in connection with such inspections.

Appears in 2 contracts

Sources: Deed of Guarantee (InFinT Acquisition Corp), Deed of Guarantee (InFinT Acquisition Corp)