Common use of Access to Records and Premises Clause in Contracts

Access to Records and Premises. Keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied with prior years, reflecting all financial transactions of the Guarantor. At any reasonable time during normal business hours and upon reasonable prior written notice, from time to time, permit the Lender or any agents or representatives thereof, for the purpose of ascertaining whether or not each and every provision hereof and of any related documents, instrument or document is being performed and to make reasonable examinations and make reasonable number of copies of and abstracts from the records and books of account of, and visit, examine and inspect the properties of, the Lender and to discuss the affairs, finances and accounts of the Lender with the President, the Directors and the chief financial officer or the Lender's management, including, without limitation, permitting the Lender or its agents or representatives to conduct periodic audits of the Guarantor at the Guarantor's reasonable expense, as often as the Lender may reasonably request, but not, in any event, more than once every six (6) months. The Lender agrees to exercise its rights under this Section 4.1 in a manner which will not unreasonably interfere with the business of the Guarantor.