Common use of Collateral Examination Clause in Contracts

Collateral Examination. Bank may have examiners of its selection annually conduct an examination of the Collateral with the annual expense thereof (not to exceed $2,500.00) reimbursed by Borrower.

Appears in 6 contracts

Samples: Commercial Loan Agreement, Commercial Loan Agreement (ICON ECI Fund Sixteen), Commercial Loan Agreement (Icon Eci Fund Fifteen, L.P.)

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Collateral Examination. Bank may have examiners of its selection annually conduct an examination of the Collateral with the annual expense thereof (not to exceed $2,500.0010,000.00) reimbursed by Borrower.

Appears in 2 contracts

Samples: Commercial Loan Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.), Commercial Loan Agreement (ICON Leasing Fund Twelve, LLC)

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