Common use of Access to Records and Documents Clause in Contracts

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuing, each Person entitled to so visit and inspect the Borrower’s records under this clause (e) may only exercise its rights under this clause (e) twice during any fiscal year of the Borrower (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence and continuance of an Event of Default). The Administrative Agent and each ▇▇▇▇▇▇ agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (e) and under Section 5.03(d) below with a view to minimizing duplication of effort and expense by the Borrower.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two five Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuingoccurred, each Person entitled to so visit and inspect the BorrowerCollateral Manager’s records under this clause paragraph (ed) may only exercise its rights under this clause paragraph (ed) twice during any fiscal year of the Borrower Collateral Manager (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence and continuance of an Event of Default). The Administrative Agent and each ▇▇▇▇▇▇ agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (ed) and under Section 5.03(d5.01(e) below with a view to minimizing duplication of effort and expense by the BorrowerBorrower and the Collateral Manager.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp), Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two four (4) Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often case, as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuing, each Person entitled to so visit and inspect the Borrower’s records under this clause (eSection 5.01(e) may only exercise its rights under this clause (eSection 5.01(e) twice once during any fiscal year of the Borrower (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence that, combined with fees and continuance of expenses incurred under Section 5.01(g), Section 5.03(d) and Section 5.03(e), do not exceed $40,000 during any calendar year unless an Event of DefaultDefault has occurred and is continuing). The Administrative Agent and each ▇▇▇▇▇▇ Lender agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (eSection 5.01(e) and under Section 5.03(d) below with a view to minimizing duplication of effort and expense by the Borrower.

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Logan Ridge Finance Corp.), Revolving Credit and Security Agreement (Logan Ridge Finance Corp.)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two four Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuing, each Person entitled to so visit and inspect the Borrower’s records under this clause (eSection 5.01(e) may only exercise its rights under this clause (eSection 5.01(e) twice once during any fiscal year of the Borrower (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence and continuance of an Event of Default). The Administrative Agent and each ▇▇▇▇▇▇ Lender agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (eSection 5.01(e), Section 5.01(g) and under Section 5.03(d) below with a view to minimizing duplication of effort and expense by the Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Capitala Finance Corp.)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two five (5) Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuingoccurred, each Person entitled to so visit and inspect the BorrowerCollateral Manager’s records under this clause paragraph (ed) may only exercise its rights under this clause paragraph (ed) twice once during any fiscal year of the Borrower Collateral Manager (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence that, combined with fees and continuance of expenses incurred under Section 5.01(e), Section 5.01(g) and Section 5.03(e), do not exceed $40,000 during any calendar year unless an Event of DefaultDefault has occurred and is continuing). The Administrative Agent and each ▇▇▇▇▇▇ agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (eSection 5.03(d) and under Section 5.03(d5.01(e) below above with a view to minimizing duplication of effort and expense by the BorrowerBorrower and the Collateral Manager.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Logan Ridge Finance Corp.)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuing, each Person entitled to so visit and inspect the Borrower’s records under this clause (e) may only exercise its rights under this clause (eclause(e) twice during any fiscal year of the Borrower (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence and continuance of an Event of Default). The Administrative Agent and each ▇▇▇▇▇▇ Lender agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (e) and under Section 5.03(d) below with a view to minimizing duplication of effort and expense by the Borrower.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Monroe Capital Income Plus Corp)

Access to Records and Documents. It shall permit the Administrative Agent and each Lender (or any Person designated by the Administrative Agent or such Lender) to, upon reasonable advance notice (which, so long as no Event of Default shall have occurred and be continuing, shall not be less than two five (5) Business Days) and during normal business hours, visit and inspect and make copies thereof at reasonable intervals (i) of its books, records and accounts relating to its business, financial condition, operations, assets and its performance under the Facility Documents and the Related Documents and to discuss the foregoing with its and such Person’s officers, partners, employees and accountants, and (ii) all of its Related Documents, in each case all as often as the Administrative Agent or the Lenders may reasonably request; provided that so long as no Event of Default has occurred and is continuingoccurred, each Person entitled to so visit and inspect the BorrowerCollateral Manager’s records under this clause paragraph (ed) may only exercise its rights under this clause paragraph (ed) twice once during any fiscal year of the Borrower Collateral Manager (it being understood that the Borrower shall be responsible for all costs and expenses for only one such visit per fiscal year absent the occurrence that, combined with fees and continuance of expenses incurred under Section 5.01(e), Section 5.01(g) and Section 5.03(e), do not exceed $40,000 during any calendar year unless an Event of DefaultDefault has occurred and is continuing). The Administrative Agent and each ▇▇▇▇▇▇ Lender agrees to use commercially reasonable efforts to coordinate with each other Lender in exercising their respective rights under this paragraph (eSection 5.03(d) and under Section 5.03(d5.01(e) below above with a view to minimizing duplication of effort and expense by the BorrowerBorrower and the Collateral Manager.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Logan Ridge Finance Corp.)