Common use of AUDIT, CREDIT REPORTS, AND OTHER INFORMATION Clause in Contracts

AUDIT, CREDIT REPORTS, AND OTHER INFORMATION. a. Reports about Merchant. From time to time, Bank may obtain credit and other information on Merchant, Principals, owners of Merchant, and officers of Merchant, from Merchant or others (such as customers and suppliers of Merchant, lenders, and credit reporting agencies), and may furnish information on Merchant’s relationship with Bank and Bank’s experience with Merchant to others seeking the information. Merchant authorizes all parties contacted by Bank to release the credit or other information requested by Bank, and Merchant agrees to provide a separate authorization for release of credit information, if requested by Bank.