Common use of Certain Matters Relating to Accounts Clause in Contracts

Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right to make test verifications of the Accounts in any manner and through any medium that it reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Administrative Agent may require in connection with such test verifications. The Administrative 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 (Rockwood Holdings, Inc.), Security Agreement (Rockwood Holdings, Inc.), Security Agreement (Rockwood Specialties Group Inc)

AutoNDA by SimpleDocs

Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of DefaultDefault and after giving reasonable notice to the Borrower and any other relevant Grantor, the Administrative Agent shall have the right to make test verifications of the Accounts in any manner and through any medium that it reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Administrative Agent may require in connection with such test verifications. The Administrative 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 (Accellent Corp.), Security Agreement (Jostens IH Corp.)

AutoNDA by SimpleDocs

Certain Matters Relating to Accounts. (a) At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right to make test verifications of the Accounts of each Grantor in any manner and through any medium that it reasonably considers advisable, and each Grantor shall furnish all such assistance and information as the Administrative Agent may require in connection with such test verifications. The Administrative 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 (Rockwood Specialties Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!