Audits, Appraisals, etc. The Loan Parties shall have (i) delivered copies of Collateral audits and appraisals of the inventory of the Loan Parties, including without limitation the inventory located in Mexico, which audits and appraisals shall be satisfactory to the Administrative Agent, together with evidence of compliance with applicable federal regulations governing loans in areas having special flood hazards and (ii) provided the Administrative Agent with access to the Tiger Global Appraisal Team.
Audits, Appraisals, etc. The Loan Parties shall have delivered (i) Collateral audits, satisfactory to the Lender, prepared by an independent firm engaged directly by the Lender and (ii) appraisals, prepared by an independent appraiser engaged directly by the Lender, of the inventory and equipment of the Loan Parties and which audits and appraisals shall be satisfactory to the Lender, together with evidence of compliance with applicable federal regulations governing loans in areas having special flood hazards.
