Appraisals of Collateral. While there is an Existing Default, at Reseller’s sole cost and expense, at any time, Administrative Agents or Persons authorized by and acting on behalf of Administrative Agents may perform or have performed on their behalf such appraisals of Reseller’s Inventory, equipment, and other assets by an appraiser satisfactory to Administrative Agents and prepared on a frequency satisfactory to Administrative Agents. While there is no Existing Default, at Reseller’s sole cost and expense, Administrative Agents or Persons authorized by and acting on behalf of Administrative Agents may perform or have performed on their behalf no more than one time per calendar year (and any such appraisals performed while there is an Existing Default shall not count towards the once per calendar limit described in this sentence) an appraisal of Reseller’s Inventory, equipment, and other assets by an appraiser satisfactory to Administrative Agents and prepared on a basis satisfactory to Administrative Agents. The cost for each appraisal shall not exceed the actual out-of-pocket expenditures of Administrative Agents. Each Covered Person shall cooperate with Administrative Agents and such Persons in the conduct of such appraisals and shall deliver to Administrative Agents or such Persons any documents or instruments necessary for Administrative Agents or such Person’s to perform such appraisals. Reseller shall reimburse Administrative Agents for all reasonable costs and reasonable expenses actually incurred by them in conducting or having conducted each such appraisal.
Appraisals of Collateral. The lender shall ensure that the value of any collateral property or property to be purchased is determined by a qualified appraiser, including a certified appraiser when required by law or regulation.
Appraisals of Collateral. If at any time the Administrative ------------------------ Agent reasonably determines that it must have current appraisals of any of the Collateral to comply with any Law, upon request by the Administrative Agent (which request shall not be made more frequently than once every 12 months), the Borrower shall cooperate with the Administrative Agent to enable the Administrative Agent to obtain appraisals of the Collateral, the cost of which shall be paid by the Borrower.
Appraisals of Collateral. Upon Administrative Agent's request at any time if there is an Event of Default in existence, Borrower shall at its expense provide Administrative Agent with appraisals, prepared on a basis satisfactory to Administrative Agent and from appraisers acceptable to Administrative Agent, of any or all of the Collateral as Administrative Agent may reasonably specify.
Appraisals of Collateral. 77 ------------------------ 7.15 Hedging Obligation............................................... 77 ------------------
SECTION 8. NEGATIVE COVENANTS 78
Appraisals of Collateral. 46 14.23. ACCESS TO OFFICERS AND AUDITORS........................................................................46 14.24. PROFORMAS FOR PERMITTED ACQUISITIONS...................................................................46
Appraisals of Collateral. A new Section 12.22 is added to the Original Loan Agreement as follow:
Appraisals of Collateral. 72 SECTION 8. NEGATIVE COVENANTS..................................................... 72
Appraisals of Collateral. If at any time the Agent reasonably determines that it must have current appraisals of any of the Collateral to comply with any Law, upon request by the Agent, the Borrower shall cooperate with the Agent to enable the Agent to obtain appraisals of the Collateral, the cost of which shall be paid by the Borrower.
Appraisals of Collateral. Upon Administrative Agent's request at any time if there is an Existing Default, Borrower shall at its expense provide Administrative Agent with appraisals, prepared on a basis satisfactory to Administrative Agent and from appraisers acceptable to Administrative Agent, of any or all of the Collateral as Administrative Agent may specify.
