Examples of Acceptable Appraisal in a sentence
Any Acceptable Appraisal conducted at the request of any Borrower to validate the eligibility of Inventory acquired in connection with an Acquisition shall not reduce the number of appraisals required to be conducted hereunder at the expense of the Credit Parties.
Any Acceptable Appraisal conducted at the request of any Borrower to validate the eligibility of Contract Receivables acquired in connection with an Acquisition shall not reduce the number of appraisals required to be conducted hereunder at the expense of the Credit Parties.
For the avoidance of doubt, any material changes to the calculations of such standard cost and/or methodology for valuing any such Inventory shall not take effect for the purposes of calculating the cost of such Inventory until the Administrative Agent shall have received an Acceptable Appraisal with respect to such Inventory in accordance with Section 6.15(c).