OF ALL MATERIAL
FINANCIAL STATEMENTS, PROXY STATEMENTS, NOTICES, REPORTS AND OTHER
COMMUNICATIONS SENT BY THE BORROWER OR ANY OTHER SUBSIDIARY TO THE SHAREHOLDERS
OF THE BORROWER AND ANY OTHER SUCH COMMUNICATIONS AS MAY BE REQUESTED BY LENDER
AND COPIES OF ANY AND ALL REGULAR OR PERIODIC REPORTS, REGISTRATION STATEMENTS,
PROSPECTUSES OR OTHER WRITTEN COMMUNICATIONS THAT THE BORROWER OR THE BANK OR
ANY OTHER SUBSIDIARY IS OR MAY BE REQUIRED TO FILE WITH THE SECURITIES AND
EXCHANGE COMMISSION OR ANY GOVERNMENTAL DEPARTMENT, BUREAU, COMMISSION OR AGENCY
SUCCEEDING TO THE FUNCTIONS OF THE SECURITIES AND EXCHANGE COMMISSION IF ANY.
(D)
WITH REASONABLE PROMPTNESS, SUCH OTHER FINANCIAL INFORMATION FOR
THE BORROWER OR THE BANK OR ANY OTHER SUBSIDIARY AS LENDER MAY REASONABLY
REQUEST.
5.6
REGULATORY EXAMINATIONS.
(A)
PROMPTLY NOTIFY LENDER OF EVERY
EXAMINATION BY, OR ANY MATERIAL CORRESPONDENCE, REPORT, MEMORANDA OR OTHER
WRITTEN COMMUNICATION FROM OR WITH, ANY FEDERAL OR STATE REGULATORY BODY OR
AUTHORITY, WITH RESPECT TO THE PROPERTIES, LOANS, OPERATIONS AND/OR CONDITION OF
BORROWER, THE BANK, OR ANY OTHER SUBSIDIARY, AND OF THE RECEIPT BY BORROWER, THE
BANK, OR ANY OTHER SUBSIDIARY OF EVERY EXAMINATION OR OTHER REPORT PREPARED BY
SUCH BODY OR AUTHORITY WITH RESPECT THERETO; AND (B) IF REQUIRED BY LENDER,
FULLY AND COMPLETELY ASSIST AND COOPERATE WITH LENDER IN REQUESTING APPROVAL BY
SUCH REGULATORY BODY OR AUTHORITY OF THE FURNISHING TO LENDER OF ANY SUCH
REPORT, AND FURNISH SUCH REPORT TO LENDER IF SUCH APPROVAL IS GIVEN; PROVIDED,
HOWEVER, THAT LENDER SHALL TAKE SUCH STEPS AS MAY BE NECESSARY TO ASSURE THAT
ALL SUCH REPORTS SHALL REMAIN CONFIDENTIAL AND SHALL BE USED BY LENDER SOLELY IN
CONNECTION WITH THE ADMINISTRATION OF THE LOAN IN ACCORDANCE WITH THE PROVISIONS
OF THIS AGREEMENT.
5.7
ADDITIONAL INFORMATION.
FURNISH SUCH OTHER INFORMATION REGARDING THE
OPERATIONS, BUSINESS AFFAIRS AND FINANCIAL CONDITION OF BORROWER, THE BANK, AND
EACH OTHER SUBSIDIARY AS LENDER MAY FROM TIME TO TIME REASONABLY REQUEST,
INCLUDING BUT NOT LIMITED TO TRUE AND EXACT COPIES OF ANY MONTHLY MANAGEMENT
REPORTS TO THEIR RESPECTIVE DIRECTORS, THEIR RESPECTIVE TAX RETURNS, AND ALL
INFORMATION FURNISHED TO SHAREHOLDERS, OR ANY GOVERNMENTAL AUTHORITY, INCLUDING
THE RESULTS OF ANY STOCK VALUATION PERFORMED.
5.8
RIGHT OF INSPECTION.
EXCEPT TO THE EXTENT, IF ANY, PROHIBITED BY
APPLICABLE LAW, PERMIT ANY PERSON DESIGNATED BY LENDER, TO INSPECT ANY OF THE
PROPERTIES, BOOKS AND FINANCIAL AND OTHER REPORTS AND RECORDS OF BORROWER, THE
BANK, AND EACH OTHER SUBSIDIARY, INCLUDING, BUT NOT LIMITED TO, ALL
DOCUMENTATION AND RECORDS PERTAINING TO THE BANK'S LOANS, INVESTMENTS AND
DEPOSITS; AND TO DISCUSS THEIR AFFAIRS; FINANCES AND ACCOUNTS WITH BORROWER'S,
THE BANK'S, AND EACH OTHER SUBSIDIARY'S PRINCIPAL OFFICERS, AT ALL SUCH
REASONABLE TIMES AND AS OFTEN AS LENDER MAY REASONABLY REQUEST.
IF REQUIRED BY
LENDER, BORROWER WILL PAY LENDER LOAN FEES IN AN AMOUNT DETERMINED BY LENDER TO
BE NECESSARY TO COVER THE COSTS OF SUCH INSPECTIONS, INCLUDING A REASONABLE
ALLOWANCE FOR LENDER'S OVERHEAD AS WELL AS OUT-OF-POCKET EXPENSES IN CONNECTION
WITH SUCH INSPECTION.
5.9
NOTICE OF DEFAULT.
AT THE TIME OF BORROWER'S FIRST KNOWLEDGE