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), Security Agreement (Comforce Corp)
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: Security Agreement (A.S.V., LLC), 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 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
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
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)