Common use of Inspection of Properties and Books Etc Clause in Contracts

Inspection of Properties and Books Etc. The Parent shall permit the Banks, through the Agent or any of the Banks' other designated representatives, (a) at the Agent's or such Bank's expense and upon reasonable notice prior to the occurrence of a Default and (b) at the Parent's expense after the occurrence and continuation of a Default, to visit and inspect any of the properties of the Parent or any of its Material Subsidiaries, to examine the books of account of the Parent and its Material Subsidiaries (and to make copies thereof and extracts therefrom), and to discuss the affairs, finances and accounts of the Parent and its Material Subsidiaries with, and to be advised as to the same by, its and their officers, all at such reasonable times and intervals as the Agent or any Bank may reasonably request.