Collateral Appraisals Sample Clauses

Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, at Companies’ expense, an appraisal of each Company’s Collateral, by an appraiser acceptable to Xxxxx Fargo in its sole discretion; provided that so long as no Default Period exists, Xxxxx Fargo will not charge Companies for more than (i) two such appraisals during the one-year period after the date of this Agreement, or (ii) one such appraisal for each one-year period thereafter.
AutoNDA by SimpleDocs
Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, at Company’s expense, an appraisal of Company’s Collateral, by an appraiser acceptable to Xxxxx Fargo in its sole discretion.
Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, at Company’s expense, an appraisal of the Collateral and of any other assets of Company or any Subsidiary by an appraiser acceptable to Xxxxx Fargo in its sole discretion.
Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, but no less than one time each calendar year, at Company’s expense, a Collateral Appraisal by an appraiser acceptable to Xxxxx Fargo in its sole discretion.
Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, but no more than one time each calendar year, at Xxxxx Fargo’s sole discretion and at Company’s expense, an appraisal of Company’s Inventory by an appraiser acceptable to Xxxxx Fargo in its sole discretion; provided, however, if any Advance has been made and an Event of Default has occurred and is continuing, Xxxxx Fargo may obtain, more frequently than one time each calendar year, at Xxxxx Fargo’s sole discretion and at Company’s expense, an appraisal of Company’s Inventory by an appraiser acceptable to Xxxxx Fargo in its sole discretion.
Collateral Appraisals. Bank may obtain an appraisal of the Collateral at such time as it deems necessary during the existence of an Event of Default but no more than once per calendar year so long as no Event of Default exists at the time of such appraisal.
Collateral Appraisals. During the term of the Loan, Bank may obtain one or more appraisals of any real or personal property constituting collateral for the Loan: (a) if any applicable law, rule, regulation, regulator recommendation or audit standard requires or encourages Bank to obtain an appraisal, or (b) Bank believes that an event of default has occurred under the Loan Documents, or (c) Bank reasonably believes conditions exist that, with the passage of time and giving any required notice, will constitute an event of default under the Loan Documents. Borrower shall reimburse Bank for the cost of such appraisals (but not more than one per calendar year), and Bank may in its discretion charge that reimbursement to any credit facility outstanding with Xxxxxxxx. Appraisals under this section will be ordered, reviewed and accepted by Bank from an appraiser (and in a form and substance) satisfactory to Bank in its sole discretion. Borrower shall cooperate in the conduct of the appraisal, including but not limited to granting the appraiser access to the real property and providing the appraiser with all records or information requested in connection therewith.
AutoNDA by SimpleDocs
Collateral Appraisals. The Lender may, from time to time, cause, or request that the Borrower cause, an appraiser acceptable to Lender prepare, address and deliver to Lender on appraisal of all or any portion of the Borrower's real property or tangible personal property. The Borrower shall pay all costs and expenses incurred in connection with any such appraisal.
Collateral Appraisals. The Lender shall have received results of appraisals performed by independent appraisers engaged directly by the Lender, of inventory, equipment and Real Property Assets of the Credit Parties, and such results shall be satisfactory to the Lender in its sole discretion.
Collateral Appraisals. Agent shall have received appraisals of the Collateral from an appraiser satisfactory to Agent, in form and substance and prepared by appraisers satisfactory to Agent, and the results thereof shall be satisfactory to Agent.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!