Common use of Additional Appraisals Clause in Contracts

Additional Appraisals. The Borrower shall promptly pay, upon demand, the costs and expenses associated with any appraisal on machinery, equipment, real property and other fixed assets of Borrower and its Subsidiaries, which appraisals may be required by the Agent in its sole discretion no more frequently than once during each Fiscal Year.

Additional Appraisals. The Borrower shall promptly pay, upon demanddemnd, the costs and expenses associated with any appraisal on machinery, equipment, real property and other fixed assets of Borrower and its Subsidiaries, which appraisals may be required by the Agent in its sole discretion no more frequently than once during each Fiscal Year.