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.
Appears in 2 contracts
Samples: Loan Agreement (Talx Corp), Loan Agreement (Talx Corp)
Appraisals of Collateral. Upon Administrative Agent's request at any time if there is an Event of Default in existenceExisting Default, Borrower shall at its expense provide promptly reimburse Administrative Agent with appraisalsfor the cost of any appraisals of the Collateral as Administrative Agent may specify, prepared on a basis satisfactory to Administrative Agent and from appraisers chosen by and acceptable to Administrative Agent, of any or all of the Collateral as Administrative Agent may reasonably specify."
Appears in 1 contract
Samples: Loan Agreement (Angelica Corp /New/)
Appraisals of Collateral. Upon Administrative Agent's request at any time if there is an Event of Default in existenceExisting Default, Borrower shall at its expense provide promptly reimburse Administrative Agent with appraisalsfor the cost of any appraisals of the Collateral performed during the continuance of an Existing Default, as Administrative Agent may specify, prepared on a basis satisfactory to Administrative Agent and from appraisers chosen by and acceptable to Administrative Agent, of any or all of the Collateral as Administrative Agent may reasonably specify.
Appears in 1 contract
Samples: Loan Agreement (Angelica Corp /New/)