Common use of Collateral Audits Clause in Contracts

Collateral Audits. Permit the Bank or its agents to perform audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as amended from time to time.

Appears in 5 contracts

Samples: Credit Agreement (Allen Test Co Inc & Point Release Test 10/08/01), Credit Authorization Agreement (National Techteam Inc /De/), Credit Agreement (Power Efficiency Corp)

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Collateral Audits. Permit the Bank or its agents to perform periodic audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as amended from time to time.

Appears in 3 contracts

Samples: Credit Agreement (American Dental Technologies Inc), Line of Credit Agreement (American Medical Technologies Inc/De), Credit Agreement (American Dental Technologies Inc)

Collateral Audits. Permit the Bank Ban or its it agents to perform audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as amended from time to time.

Appears in 1 contract

Samples: Credit Authorization Agreement (Michigan Community Bancorp LTD)

Collateral Audits. Permit the Bank or its agents to perform semi-annual audits of the Collateral. The Borrower borrower shall compensate the Bank for such those audits in accordance with the Bank's schedule of fees as may be amended from time to time. The Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank may reasonably require.

Appears in 1 contract

Samples: Credit Agreement (Made2manage Systems Inc)

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Collateral Audits. Permit the Bank or its agents to perform audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as may be amended from time to time. Whether or not this section has been completed, the Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank may reasonably require.

Appears in 1 contract

Samples: Credit Authorization Agreement (Interface Systems Inc)

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