APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent shall have received (a) appraisals of the Borrowers' Inventory by a third party appraiser acceptable to the Collateral Agent, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' books and records, each in form and substance satisfactory to the Collateral Agent.
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Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)
APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent Agents shall have received (a) appraisals of the Borrowers' Inventory by a third party appraiser acceptable to the Collateral AgentAgents, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' books and records, each in form and substance satisfactory to the Collateral AgentAgents.
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Samples: Loan and Security Agreement (Value City Department Stores Inc /Oh)
APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent shall have received (a) appraisals of the Borrowers' Borrower’s Inventory by a third party appraiser acceptable to the Collateral Agent, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' Borrower’s books and records, each in form and substance satisfactory to the Collateral Agent.
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