Commercial Finance Examination. The Agent shall have received and be satisfied with the results of a commercial finance examination of the accounts receivable and inventory of the Credit Parties.
Commercial Finance Examination. The Agent shall have completed to its full satisfaction a commercial finance examination performed by the Agent's field examiners.
Commercial Finance Examination. The Agent shall have obtained satisfactory results of a commercial finance examination of the Borrower and its Subsidiaries commissioned by the Agent prior to the Effective Date.
Commercial Finance Examination. Section 12.
Commercial Finance Examination. The Banks shall have received the report of the Agent's commercial finance examiners and such report shall be in form and substance satisfactory to the Banks.
Commercial Finance Examination. The Lender shall have conducted an updated commercial finance examination of the Borrowers and shall be satisfied with the results thereof.
Commercial Finance Examination. The Co-Agents shall have received a the results of commercial finance examinations of the Borrower and its Subsidiaries, including, without limitation, a prefunding commercial finance examination conducted in order to determine Availability on the Effective Date, and such reports shall be in form and substance satisfactory to the Co-Agents.
Commercial Finance Examination. The Borrower and the Guarantors agree to permit the Agent to conduct a commercial finance examination, on the premises of the Borrower or any Guarantor and at other locations where assets of the Borrower or any Guarantor are located, with respect to the inventory and accounts receivable components of the Collateral and the Borrowing Base, and with respect to other aspects of the assets, liabilities and financial condition of the Borrower or the Guarantor as the Agent may so elect. The Agent shall be permitted to use either internal or third party examiners. The Borrower and the Guarantors acknowledge, agree and confirm that (a) any reports or analyses generated by any examiner are not property of the Borrower or any Guarantor, (b) none of the Borrower and the Guarantors shall assert any claim to any such report or analyses and (c) pursuant to Section 15.1 of the Credit Agreement, the fees and expenses of such examiner are for the account of the Borrower. So long as no Event of Default has occurred and is continuing, the Agent agrees that the fees of the examiner shall not exceed the total sum of $9,250 plus reasonable expenses.
Commercial Finance Examination. The Company shall cause a ------------------------------ "commercial finance" examination of accounts receivable and inventory to be carried out by examiners chosen by the Administrative Agent, which examination shall be commenced promptly after the Closing Date and shall be conducted and completed as soon as practicable and in any event within 60 days after the Closing Date; the Company shall provide the examiners with access to the relevant information and otherwise cooperate with such examination, and shall pay the reasonable costs and expenses of such examination.
Commercial Finance Examination. Permit the Agent and -------------- ------------------------------ its agents, at any time and in the sole discretion of the Agent or at the request of the Majority Lenders but not more often than once per year absent the existence of an Event of Default, to conduct commercial finance examinations of the Borrower's business, the cost of which, not to exceed $10,000 per examination, shall be borne by the Borrower and the first of which shall be conducted within sixty (60) days after the Closing Date.
