Common use of Right to Audit and Inspect Clause in Contracts

Right to Audit and Inspect. Borrower shall permit any representative of Lender, at any reasonable time but no less often than annually, on or before February 28th, to inspect, audit, examine and make extracts or copies from all books, records and other data relating to the Collateral, to inspect any of Borrower’s properties, to confirm balances due on Accounts by direct inquiry to Account Debtors, and shall furnish Lender with all information regarding the business or finances of Borrower promptly upon ▇▇▇▇▇▇’s request. ▇▇▇▇▇▇▇▇ agrees to pay for ▇▇▇▇▇▇’s out-of-pocket reasonable fees and expenses related to such audits.

Right to Audit and Inspect. Borrower shall permit any representative of Lender, at any reasonable time but no less often than annually, on or before February 28thNovember 30th, to inspect, audit, examine and make extracts or copies from all books, records and other data relating to the Collateral, to inspect any of Borrower’s 's properties, to confirm balances due on Accounts by direct inquiry to Account Debtors, and shall furnish Lender with all information regarding the business or finances of Borrower promptly upon L▇▇▇▇▇▇’s 's request. ▇B▇▇▇▇▇▇▇ agrees to pay for ▇L▇▇▇▇▇’s out-of-pocket reasonable fees and expenses related to such audits.. LOAN NO. 34190232 7