Audit of Accounts. Upon an Event of Default, Bank shall have the right to conduct audits of Borrower's accounts and Borrower's Books, at Borrower's expense, as frequent as Bank may determine in its reasonable discretion.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Avanex Corp)
Audit of Accounts. Upon an Event of Default, Bank shall have the right to conduct audits of ----------------- Borrower's accounts Accounts and Borrower's BooksBooks on an annual basis during the term of this Agreement, at Borrower's expense, and upon an Event of Default as frequent as Bank may determine in its reasonable discretion.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)
Audit of Accounts. Upon an Event of Default, Bank shall have the right to conduct audits of Borrower's accounts on a semi-annual basis during the term of this Agreement, and Borrower's Books, at Borrower's expense, upon an Event of Default as frequent as Bank may determine in its reasonable discretion.
Appears in 1 contract
Samples: Revolving Credit and Term Loan & Security Agreement (Motorvac Technologies Inc)
Audit of Accounts. Upon an Event of Default, Bank shall have the right to conduct audits of BorrowerXxxxxxxx's accounts on an annual basis during the term of this Agreement, and Borrower's Books, at Borrower's expense, upon an Event of Default as frequent as Bank may determine in its reasonable discretion.
Appears in 1 contract
Samples: Revolving Credit Note (Hall Kinion & Associates Inc)