Common use of Open Books and Records Clause in Contracts

Open Books and Records. The Subscriber agrees to open for complete review upon demand of the Company all of its brokerage accounts and its assigns brokerage accounts where the Company's shares have been placed. This review is entitled to be as broadly construed as possible, there shall be no reasonable limitation on the Company's right to review the subscriber and its assigns trading records. The subscriber further recognizes that affirmative injunctive relief would be an acceptable and appropriate remedy for the subscriber's failure to comply with this paragraph.

Appears in 2 contracts

Sources: Subscription Agreement (Centrex Inc), Subscription Agreement (Centrex Inc)