Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 8 contracts
Samples: Security Agreement (RBC Bearings INC), Security Agreement (PRA Health Sciences, Inc.), Security Agreement (PRA Health Sciences, Inc.)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 5 contracts
Samples: Security Agreement (Laureate Education, Inc.), Collateral Agreement (Laureate Education, Inc.), Collateral Agreement (Laureate Education, Inc.)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Parent Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 4 contracts
Samples: Security Agreement (HCA Holdings, Inc.), Security Agreement (Dollar General Corp), Security Agreement (Hca Inc/Tn)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default Default, subject to the terms of the Intercreditor Agreement, and after giving reasonable notice to the Borrower Company and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 3 contracts
Samples: Security Agreement, Security Agreement (Del Monte Foods Co), Security Agreement (Del Monte Foods Co)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower Company and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative such Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 3 contracts
Samples: Credit Agreement (Kinder Morgan, Inc.), Credit Agreement (Kinder Morgan Holdco LLC), Pledge Agreement (Kinder Morgan Inc)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Parent Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Administrative Agent to (and upon such instruction, the Collateral Administrative Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may reasonably require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Ebi, LLC), Pledge and Security Agreement (LVB Acquisition, Inc.), Pledge and Security Agreement (Biolectron, Inc.)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower Company and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 2 contracts
Samples: Security Agreement (First Data Corp), Security Agreement (Hca Inc/Tn)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable three (3) Business Days’ prior written notice to the Borrower Company and any other relevant Grantor, the Administrative Collateral Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts that are Collateral (the “Subject Accounts”) in any manner and through any medium that the Administrative Collateral Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may reasonably require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any other Secured Party.
Appears in 2 contracts
Samples: Abl Security Agreement (Avaya Holdings Corp.), Intercreditor Agreement (Avaya Holdings Corp.)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Collateral Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 1 contract
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative such Agent reasonably considers advisable, and each the Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 1 contract
Samples: Term Loan Security Agreement (McJunkin Red Man Holding Corp)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable written notice to the Borrower and any other relevant GrantorGrantor (it being understood that in connection with an Event of Default under Section 11.5 of the Credit Agreement, no such written notice shall be required), the Administrative Collateral Agent shall have the right, but not the obligation, right to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent it reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 1 contract
Samples: Security Agreement (Accellent Inc)
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable notice to the U.S. Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral Agent may require in connection with such test verifications. The Collateral Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 1 contract
Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default and after giving reasonable written notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right, but not the obligation, to instruct the Collateral Agent to (and upon such instruction, the Collateral Agent shall) make test verifications of the Accounts in any manner and through any medium that the Administrative Agent reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Collateral such Agent may require in connection with such test verifications. The Collateral Such Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.
Appears in 1 contract
