Common use of Credit Inquiries Financial Examination and Inspections Clause in Contracts

Credit Inquiries Financial Examination and Inspections. A. Credit Inquiries. Merchant, its signing officers, owners, partners, and principals, and any Guarantors, authorize BANK, and its agents or assigns, to make, from time to time, any business and personal credit and other inquiries Bank considers necessary to review the acceptance and continuation of this Agreement. Merchant authorizes persons or entities contacted by Bank or any of its affiliates, in relation to this Agreement, to release the credit information requested by Bank or any affiliate. By executing this Agreement, Merchant, its signing officer/owner/partner/principal and any Personal Guarantor acknowledge that BANK has a legitimate business need for the information contained in any personal credit report that may be obtained in connection with this Agreement, and that this Agreement is a business Transaction that was initiated by the Merchant and any Personal Guarantor identified in the Merchant Application. Merchant authorizes Bank and Company to make credit inquiries Bank considers necessary, in its sole discretion, to review the acceptance and continuation of this Agreement. This authority is granted to Bank and Company at any time during which Merchant owes any obligation to Bank or Company and survives the termination of this Agreement. Such inquiries shall include, but are not limited to, a credit check of the business including its proprietor, principal owners, or officers. If requested to do so by Bank or Company, Merchant shall provide written consent of any individual for whom an inquiry has been or is to be made if such individual did not sign the Merchant Application.

Credit Inquiries Financial Examination and Inspections. A. Credit Inquiries. MerchantMERCHANT, its signing officers, owners, partners, and principalsofficer/owner/partner/principal, and any Guarantors, Personal Guarantor authorize BANK, and or its agents or assigns, to make, from time to time, any business and personal credit and other inquiries Bank BANK considers necessary to review the acceptance and continuation of this AgreementAGREEMENT. Merchant MERCHANT authorizes persons or entities parties contacted by Bank BANK or any of its affiliates, in relation to this AgreementAGREEMENT, to release the credit information requested by Bank BANK or any affiliate. By executing this AgreementAGREEMENT, MerchantMERCHANT, its signing officer/owner/partner/principal and any Personal Guarantor acknowledge that BANK has a legitimate business need for the information contained in any personal credit report that may be obtained in connection with this AgreementAGREEMENT, and that this Agreement AGREEMENT is a business Transaction transaction that was initiated by the Merchant and MERCHANT and/or any Personal Guarantor identified in the Merchant Application. Merchant authorizes Bank and Company to make credit inquiries Bank considers necessary, considered necessary in its sole discretion, order to review the acceptance and continuation of this Agreement. This authority is granted to Bank and Company at any time during which Merchant owes any obligation to Bank or Company and survives may survive the termination term of this the Agreement. Such inquiries shall include, but are not limited to, a credit check of the business including its proprietor, principal owners, owners or officers. If requested to do so by Bank or CompanyBank, Merchant shall provide written consent of any individual for whom which an inquiry has been or is to be made if such individual did not sign the Merchant Applicationexecute this Agreement.