Common use of Auditing and Credit Investigation Clause in Contracts

Auditing and Credit Investigation. Sub-Merchant authorizes Fattmerchant, or its respective agents to investigate the background and personal credit history of any of the principals and employees associated with Sub-Merchant’s business from time to time, and to obtain a business report on Merchant’s business from Xxxx & Bradstreet or any company providing a similar service. Fattmerchant may terminate this Agreement if the information received in any investigation is unsatisfactory in Fattmerchant’s sole discretion. Fattmerchant may also audit from time to time Sub-Merchant’s compliance with the terms of this Agreement. Sub-Merchant shall provide all information requested by Fattmerchant necessary to complete the audit. Upon Fattmerchant’s request, Sub-Merchant shall provide all of its books and records, including financial statements for Sub-Merchant and personal financial statements for all guarantors. Sub-Merchant authorizes Fattmerchant to make on- site visits to any and all of the Sub-Merchant’s locations with regard to all information necessary or pertinent to the Services.