Collateral Audit. The Administrative Agent shall have completed an initial collateral audit on or prior to the Closing Date.
Collateral Audit. Borrower acknowledges and agrees that in accordance with Bank's right to audit Borrower's Collateral as set forth in Section 6.3(K) of the Loan Agreement, Borrower will provide Bank access to its financial records so that Bank may audit Borrower's Collateral on or before December 1, 2002.
Collateral Audit. The Company shall permit representatives of the Bank to undertake an annual audit of the Collateral, and the Company agrees to pay all reasonable expenses of the Bank incurred in connection therewith.
Collateral Audit. (i) Commencing on June 30, 2015, once per Fiscal Year, within 90 days of each June 30, a report by an independent auditor or independent auditors reasonably acceptable to the Administrative Agent (it being understood that Xxxxxx Xxxxx LLP and Protiviti shall be deemed to be acceptable to the Administrative Agent) addressing whether or not (A) all criteria in respect of determining Eligible Domestic Receivables for the U.S. Revolving Borrowing Base have been correctly applied, (B) all Receivables identified as Eligible Domestic Receivables satisfy the requirements set forth in the definition thereof and are owned by the Borrower or any of the other U.S. Loan Parties, and (C) the dilutive credits for the most recent period are less than the Dilution Reserve or, if higher than the Dilution Reserve, containing a computation of a revised Dilution Reserve; and (ii) once per Fiscal Year, within 90 days of each December 31, a report by the Borrower’s auditor addressing the quality of the applicable Receivables and the scope of work of the relevant independent auditor under clause (g)(i) above.
Collateral Audit. The Administrative Agent shall have completed a harvest analysis and such other examinations regarding the business and affairs of the Group Members and the Collateral as it reasonably requires.
Collateral Audit. Assist Lender with Lender’s audit of the Collateral, which audit or audits shall occur at Lender’s discretion.
Collateral Audit. Bank shall have completed, at Borrower's cost, a collateral audit and examination from an auditor acceptable to Bank and in form, substance and reflecting collateral values satisfactory to Bank in its sole discretion.
Collateral Audit from time to time at the request of the Agent (but, so long as no Default is continuing, no more than once in any fiscal year), a report as of the end of any fiscal quarter, in form and substance satisfactory to the Required Banks, of an independent collateral auditor satisfactory to the Required Banks (which may be, or be affiliated with, any of the Banks):
(i) with respect to the Receivables and Inventory components included in the Borrowing Base as at the end of such fiscal quarter which report shall indicate that, based upon a review by such auditors of the Receivables (including verification with respect to the amount, aging, identity and credit of the respective account debtors and the billing practices of the Company) and Inventory (including verification as to the value, location and respective types), the information set forth in the Borrowing Base Certificate delivered by the Company as at the end of such fiscal quarter is accurate and complete in all material respects,
(ii) with respect to the insurance policy or policies covering any of the Receivables or other Collateral, and
(iii) with respect to the agreements entered into by the Company with its customers and its suppliers; provided, that notwithstanding the foregoing, the first such report shall be dated on or around the date which is 180 days after the date hereof and delivered to the Agent within 45 days after such date.
Collateral Audit. Agent shall have received a pre-funding roll forward collateral audit, in form and substance satisfactory to Agent;
Collateral Audit. Agent shall have received a collateral audit, in form and substance satisfactory to Agent;
