Common use of Appraisal and Collateral Examination Clause in Contracts

Appraisal and Collateral Examination. The Lenders shall have received (x) an appraisal of the inventory of Aleris and its Subsidiaries prepared by Sector3 Appraisals as of December 31, 2009 and (y) a collateral examination of the Accounts and Inventory and related assets and liabilities of Aleris and its Subsidiaries prepared by FTI Consultants as of December 31, 2009, in each case reasonably acceptable to the Agents.

Appears in 2 contracts

Samples: Credit Agreement (Aleris Ohio Management, Inc.), Credit Agreement (Aleris Ohio Management, Inc.)

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Appraisal and Collateral Examination. The Lenders shall have received (x) an appraisal of the inventory of Aleris and its Subsidiaries prepared by Sector3 Appraisals as of December 31, 2009 2010 and (y) a collateral examination of the Accounts and Inventory and related assets and liabilities of Aleris and its Subsidiaries prepared by FTI Consultants as of December 31September 30, 20092010, in each case reasonably acceptable to the Agents.

Appears in 2 contracts

Samples: Credit Agreement (Aleris Ohio Management, Inc.), Credit Agreement (Aleris International, Inc.)

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