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

Audit, Appraisal, and Valuation Charges. For the separate account of Agent (but without duplication of any amounts paid to Agent under the Revolving Loan Agreement for any single audit, appraisal or valuation), audit, appraisal, and valuation fees and charges as follows, (i) a fee of $850 per day, per auditor, plus out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) a fee of $1,500 per day per appraiser, plus 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.

Audit, Appraisal, and Valuation Charges. For the separate account of Agent (but without duplication of any amounts paid to Agent under the Revolving Loan Agreement for any single audit, appraisal or valuation)Agent, audit, appraisal, and valuation fees and charges as follows, (i) a fee of $850 1,000 per day, per auditor, plus out-of-pocket expenses for each financial audit of a Borrower performed by personnel employed by Agent, (ii) if implemented, a fee of $1,500 1,000 per day day, per appraiserapplicable individual, plus out-of-out of pocket expensesexpenses for the establishment of electronic collateral reporting systems, and (iii) the actual charges paid or incurred by Agent for each appraisal of the Collateral performed by personnel employed by AgentCollateral, and (iiiiv) 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 or quality of Borrowersearnings analyses of Borrowers or their Subsidiaries, to establish electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess a Borrower's ’s or its subsidiaries’ business valuation.