Common use of Collateral Audits Clause in Contracts

Collateral Audits. Permit Bank to audit all Borrower’s collateral required hereunder, with such audits to be performed from time to time at Bank’s option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.

Collateral Audits. Permit Bank to audit all Borrower’s collateral required hereunder, with such audits to be performed from time to time at Bank’s option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.” 8. Section 5.3 of the Credit Agreement is hereby deleted in its entirety, and the following substituted therefor:

Collateral Audits. Permit Bank to audit all Borrower’s 's collateral required hereunder, with such audits to be performed from time to time at Bank’s option on semi-annual basis by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s 's costs and expenses of each audit to be reimbursed in full by BorrowerXxxxxxxx. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.”

Collateral Audits. Permit Bank to audit all Borrower’s 's collateral required hereunder, with such audits to be performed from time to time at Bank’s option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s 's costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.

Collateral Audits. Permit Bank to audit all Borrower’s 's collateral required hereunder, with such audits to be performed from time to time at Bank’s 's option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s 's costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.

Collateral Audits. Permit Bank to audit all Borrower’s 's collateral required hereunder, with such audits to be performed from time to time at Bank’s option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, and with all Bank’s 's costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower Borrower, any Guarantor or any other third party.

Collateral Audits. Permit Bank to audit all Borrower’s 's collateral required hereunder, with such audits to be performed from time to time at Bank’s 's option by collateral examiners acceptable to Bank and in scope and content satisfactory to Bank, . and with all Bank’s 's costs and expenses of each audit to be reimbursed in full by Borrower. Bank shall not be required to share the results of the audit(s) with Borrower or any third party.