Common use of Inspection of Project Clause in Contracts

Inspection of Project. The Company will permit the Board, the Trustee, any holder of not less than $50,000 principal amount of Bonds and their duly authorized agents (subject to the restrictions and requirements imposed by contracts with the United States Government or agencies thereof, or by subcontracts governed by such contracts, being performed by the Company, or its subtenant or subtenants, in any part of the Leased Realty or the Project or the Adjacent Building), at all reasonable times to enter upon, examine, inspect and photograph the Leased Realty, the Leased Equipment (including the Leased Equipment situated in the Adjacent Building), the Plant and the Project; and in the event of default as hereinafter provided, the Company will permit any nationally recognized firm of certified public accountants designated by the Trustee, to have access to, inspect, examine and make copies of the books and records, accounts and data of the Company.

Appears in 2 contracts

Sources: Annual Report, Lease Agreement (Quanex Corp)