Collateral Examinations Sample Clauses

Collateral Examinations. The Credit Agreement is hereby further amended by adding the following new Section 11.25 thereto in the correct numerical location:
Sample 1
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Collateral Examinations. The Administrative Agent shall be entitled, from time to time, to have inspections, appraisals and/or audits performed on the Collateral and the records relating thereto (including, without limitation, certificates of title for titled equipment). The fees and expenses of all such inspections, appraisals and audits shall be paid by the Borrower.
Sample 1
Collateral Examinations. Pre-funding collateral exam completed within 60 days of Lender’s submission of this Agreement for Ex-Im Bank approval? Yes No (i) Is the Collateral sufficient? Yes No (ii) All outstanding issues resolved? Yes No (iii) If no, please provide a brief description of the issues and the anticipated resolutions.
Sample 1
Collateral Examinations. The Borrower shall, and shall cause each of its Subsidiaries to, permit the Administrative and any Lender, and their respective employees, accountants, attorneys or agents, to examine and inspect any of the Properties and the Collateral of the Borrower and its Subsidiaries at any time during ordinary business hours upon reasonable notice from the Administrative Agent or such Lender, as applicable. Each of the Administrative Agent and the Lenders may also, from time to time, obtain one or more appraisals of all or any portion of the Properties and the Collateral of the Borrower and its Subsidiaries by an appraiser acceptable to the Administrative Agent or such Lender, as applicable, in its sole discretion. All such examinations and appraisals shall be performed at the Borrower’s sole cost and expense.
Sample 1
Collateral Examinations. Borrower shall pay to Bank immediately upon demand the full amount of all payments, advances, charges, costs and expenses expended or incurred by Bank in connection with the collateral examinations and inspections of Borrower, Bio-logic and Olympic Medical described in Section 5.2 hereof.
Sample 1
Collateral Examinations. The Debtor shall submit to collateral examinations (upon not less than two (2) Business Days notice) at any time as may be reasonably requested by the Secured Party, to be performed by Secured Party or its agent, for its benefit. The results of such examinations shall be satisfactory to the Secured Party in its reasonable discretion. If no Event of Default has occurred and is continuing, the Debtor shall pay the cost of up to two (2) examinations per year, not to exceed $5,000.00 per examination. If an Event of Default has occurred and is continuing, the Debtor shall pay all costs of such examinations.
Sample 1
Collateral Examinations. Tripwire hereby acknowledges and agrees that the Administrative Agent, upon reasonable prior notice to Tripwire and at reasonable times, may conduct such examinations of the Collateral as the Administrative Agent deems necessary or desirable in its reasonable discretion. Tripwire further acknowledges and agrees that Tripwire shall pay the reasonable charges for any such examinations in accordance with Section 15.10 of this Agreement; provided, that in the absence of a continuing Event of Default, Tripwire shall not be required to pay for more than one such examination in any 12-month period. The parties to this Agreement contemplate that the collateral examinations conducted by the Administrative Agent hereunder will occur at least annually (although the Administrative Agent, in its discretion, may conduct more frequent examinations).
Sample 1
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Related to Collateral Examinations

  • Collateral Examination 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, and Equipment of each Borrower and all books and records in connection therewith;

  • Field Examinations On no more than one occasion per every consecutive 24 month period following the most recent field examination date, the Loan Parties will permit, upon reasonable notice, the Administrative Agent to conduct a field examination to ensure the adequacy of Collateral included in any Borrowing Base and related reporting and control systems (with the time of such engagement determined at the discretion of the Administrative Agent, or as requested by the Required Lenders); provided that (I) the Company shall be permitted to instruct the Administrative Agent to conduct a field examination if as of any date the most recently completed field examination (or the most recently completed update thereof, if applicable) is more than one year old and (II) the Administrative Agent may conduct a field examination at the discretion of the Administrative Agent, or shall conduct a field examination at the request of the Required Lenders if (a) the date of the most recently completed field examination (or the most recently completed update thereof, if applicable) is more than one year old and (b) either (i) Loans have been outstanding within the three months preceding such date or (ii) LC Exposure within the three months preceding such date has been greater than $200,000,000 at any time. Notwithstanding the foregoing, in addition to the field examinations permitted above (A) during any calendar year when Aggregate Availability is at any time less than the greater of (x) an amount equal to 20% of the Loan Cap Minimum then in effect and (y) an amount equal to 20% of the Loan Cap then in effect, one additional field examination shall be permitted at the discretion of the Administrative Agent or the Required Lenders per calendar year and (B) if an Event of Default has occurred and is continuing, there shall be no limitation on the number or frequency of field examinations. For purposes of this Section 5.12, it is understood and agreed that a single field examination may be conducted at multiple relevant sites and involve one or more relevant Loan Parties and their assets. All of the foregoing field examinations shall be at the sole expense of the Loan Parties. Notwithstanding the foregoing, the Lenders shall be permitted to conduct one additional field examination per calendar year at their own cost and expense.

  • Eye Examinations All represented employees, who are health service system members, shall be eligible for one (1) annual VDT examination and prescribed eyewear.

  • Field Examination The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

  • Physical Examinations Where the Employer requires an employee to take a physical examination, doctor's fees for such examination shall be paid by the Employer. Except prior to commencement of employment and the first four (4) weeks of employment, such examinations shall be taken during the employee's working hours without loss of pay to the employee.

  • Medical Examinations An employee may be required by the Employer, at the request of and at the expense of the Employer, to take a medical examination by a physician of the employee's choice. Employees may be required to take skin tests, x-ray examination, vaccination, inoculation and other immunization (with the exception of a rubella vaccination when the employee is of the opinion that a pregnancy is possible), unless the employee's physician has advised in writing that such a procedure may have an adverse affect on the employee's health.

  • SITE EXAMINATION Contractor has examined the Site and certifies that it accepts all measurements, specifications and conditions affecting the Work to be performed at the Site. By submitting its quote, Contractor warrants that it has made all Site examination(s) that it deems necessary as to the condition of the Site, its accessibility for materials, workers and utilities, and Contractor’s ability to protect existing surface and subsurface improvements. No claim for allowance of time or money will be allowed as to any other undiscovered condition on the Site.

  • Physical Examination The Employer, at its own expense, shall have the right and be given the opportunity to have a medical doctor appointed by the Employer examine, as often as it may reasonably require, any employee whose injury, sickness, mental or nervous disorder is the basis of claim upon this Plan.

  • Health Examinations The Employer shall provide at no cost to the employee, such medical tests, health examinations and surveillance/monitoring as may be required as a condition of employment and/or as a result of regulated hazards encountered after employment.

  • Annual Collateral Verification Each year, at the time of delivery of annual financial statements with respect to the preceding Fiscal Year pursuant to Section 5.1(c), Company shall deliver to Collateral Agent a certificate of an Authorized Officer either (i) confirming that there has been no change in such information since the date of the Collateral Questionnaire delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section 5.1(o) or (ii) identifying such changes;

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