Common use of Collateral Examination Clause in Contracts

Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Lenders, of the Receivables, Inventory, General Intangibles, Leasehold Interest and Equipment of each Borrower and all books and records in connection therewith;

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Comforce Corp), Revolving Credit and Security Agreement (Comforce Corp)

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Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to LendersAgents, of the Receivables, Inventory, General Intangibles, Leasehold Interest Real Property and Equipment equipment of each Borrower Loan Party and all books and records in connection therewith;

Appears in 2 contracts

Samples: Revolving Credit, Term Loan and Security Agreement (A.S.V., LLC), Revolving Credit, Term Loan and Security Agreement (Manitex International, Inc.)

Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to LendersAdministrative Agent, of the ReceivablesAccounts, Inventory, General Intangibles, Leasehold Interest Intangibles and Equipment of each Borrower Credit Party and all books and records in connection therewith;.

Appears in 1 contract

Samples: Credit Agreement (BRC Inc.)

Collateral Examination. The Administrative Agent shall have completed Collateral field and other examinations of the Collateral, and received appraisalsappraisals of the Collateral, the results of each of which shall be satisfactory in form and substance satisfactory to Lenders, of the Receivables, Inventory, General Intangibles, Leasehold Interest and Equipment of each Borrower and all books and records in connection therewith;Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Energy Conversion Devices Inc)

Collateral Examination. The Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to the Lenders, of the ReceivablesMortgaged Real Property, Inventory, General Intangibles, Leasehold Interest the Inventory and Equipment of each Borrower and all books and records in connection therewiththe Equipment;

Appears in 1 contract

Samples: Revolving Credit, Equipment Loan, Term Loan and Security Agreement (McMS Inc /De/)

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Collateral Examination. The Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Lenders, (i) collateral field examinations of the Receivables, Inventory, General Intangibles, Leasehold Interest receivables and Equipment inventory of each Borrower and all books and records in connection therewith;therewith and (ii) appraisals of the inventory of each Borrower, the results of which shall in all cases be satisfactory in form and substance to the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)

Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Lenders, of the Receivables, Inventory, General Intangibles, Leasehold Interest Intangibles and Equipment of each Borrower and all books and records in connection therewith;

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Skullcandy, Inc.)

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