Common use of Audit, Appraisal, and Valuation Charges Clause in Contracts

Audit, Appraisal, and Valuation Charges. For the separate account of Agent, audit, appraisal, and valuation fees and charges as follows, (i) a fee of $850 per day, per auditor, plus reasonable out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) reasonable out-of-pocket expenses for each appraisal of the Collateral performed by personnel employed by Agent, and (iii) the actual charges paid or incurred by Agent if it elects to employ the services of one or more third Persons to perform financial audits of Borrowers, to appraise the Collateral, or any portion thereof, or to assess a Borrower’s business valuation.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Cellstar Corp)

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Audit, Appraisal, and Valuation Charges. For the separate account of Agent, audit, appraisal, and valuation fees and charges as follows, (i) a fee of $850 850.00 per day, per auditor, plus reasonable out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) reasonable a fee of $1,500.00 per day per appraiser, plus out-of-pocket expenses expenses, for each appraisal of the Collateral performed by personnel employed by Agent, and (iii) the actual charges paid or incurred by Agent if it elects to employ the services of one or more third Persons to perform financial audits of BorrowersBorrower, to appraise the Collateral, or any portion thereof, or to assess a Borrower’s business valuation.

Appears in 1 contract

Samples: Credit Agreement (ECA Marcellus Trust I)

Audit, Appraisal, and Valuation Charges. For the separate account of Agent, audit, appraisal, and valuation fees and charges as follows, follows (i) a fee of $850 750 per day, per auditor, plus reasonable out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) reasonable a fee of $1,500 per day per appraiser, plus out-of-pocket expenses expenses, for each appraisal of the Collateral performed by personnel employed by Agent, and (iii) the actual charges paid or incurred by Agent if it elects to employ the services of one or more third Persons to perform financial audits of BorrowersBorrower, to appraise the Collateral, or any portion thereof, or to assess a Borrower’s 's business valuation.

Appears in 1 contract

Samples: Loan and Security Agreement (En Pointe Technologies Inc)

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Audit, Appraisal, and Valuation Charges. For the separate account of Agent, audit, appraisal, and valuation fees and charges as follows, : (i) a fee of $850 900 per day, per auditor, plus reasonable out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) reasonable a fee of $1,500 per day per appraiser, plus out-of-pocket expenses expenses, for each appraisal of the Collateral performed by personnel employed by Agent, and (iii) the actual charges paid or incurred by Agent if it elects to employ the services of one or more third Persons to perform financial audits of Borrowers, to appraise the Collateral, or any portion thereof, or to assess a Borrower’s 's business valuation.

Appears in 1 contract

Samples: Loan and Security Agreement (Harolds Stores Inc)

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