Common use of Inspection, etc Clause in Contracts

Inspection, etc. So long as you shall hold the Note, the Company will permit any person designated by you in writing and reasonably acceptable to the Company, at no expense to the Company, to visit and inspect any of the properties of the Company, including books of account, and to discuss its affairs, finances and accounts with its officers, all at such reasonable times and as often as may reasonably be requested. All information so obtained by you pursuant to this (S)8 or delivered to you pursuant to (S)7 will be kept confidential by you.

Appears in 2 contracts

Sources: Loan Agreement (Photoelectron Corp), Loan Agreement (Nomikos Peter)

Inspection, etc. So long as you shall hold the Note, the Company ---------- --- will permit any person designated by you in writing and reasonably acceptable to the Company, at no expense to the Company, to visit and inspect any of the properties of the Company, including books of account, and to discuss its affairs, finances and accounts with its officers, all at such reasonable times and as often as may reasonably be requested. All information so obtained by you pursuant to this (S)8 or delivered to you pursuant to (S)7 will be kept confidential by you.

Appears in 1 contract

Sources: Loan Agreement (Pyc Corp)