Common use of Annual Appraisals Clause in Contracts

Annual Appraisals. As soon as available, and in any event within ninety (90) days after the close of each fiscal year of Borrowers, an annual desk top appraisal on the Rigs prepared by an independent appraisal firm or offshore drilling brokerage firm chosen by the Agent and reasonably acceptable to Borrowers;

Annual Appraisals. As soon as available, and in any event within ninety (90) days after the close of each fiscal year of BorrowersBorrower, an annual desk top appraisal on the Rigs Rig prepared by an independent appraisal firm or offshore drilling brokerage firm chosen by the Agent and reasonably acceptable to BorrowersBorrower;

Annual Appraisals. As soon as available, and in any event within ninety (90) days after the close of each fiscal year of BorrowersBorrower, an annual desk top appraisal on the Rigs prepared by an independent appraisal firm or offshore drilling brokerage firm chosen by the Agent and reasonably acceptable to BorrowersBorrower;

Annual Appraisals. As soon as available, and in any event within ninety (90) days after the close of each fiscal year of Borrowers, an annual desk top appraisal on the Rigs prepared by an independent appraisal firm or offshore drilling brokerage firm chosen by the Agent and Co-Agent and reasonably acceptable to Borrowers;