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

Credit Inquiries Financial Examination and Inspections. A. Credit Inquiries. Xxxxxxxx, its signing officers, owners, partners, and principals, and any Guarantors, authorize Company or Bank, and their agents or assigns, to make, from time to time, any business and personal credit and other inquiries Company or Bank considers necessary to review the acceptance and continuation of this Agreement. Merchant authorizes persons or entities contacted by Company or Bank or any of its affiliates, in relation to this Agreement, to release the credit information requested by Company or Bank or any affiliate. By executing this Agreement, Merchant, its signing officer/owner/partner/principal and any Personal Guarantor acknowledge that Company or Bank have 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. 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 writtenconsent 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. XxxxxxxxMerchant, its signing officers, owners, partners, and principals, and any Guarantors, authorize Company or Bank, and their agents or assigns, to make, from time to time, any business and personal credit and other inquiries Company or Bank considers necessary to review the acceptance and continuation of this Agreement. Merchant authorizes persons or entities contacted by Company or Bank or any of its affiliates, in relation to this Agreement, to release the credit information requested by Company or Bank or any affiliate. By executing this Agreement, Merchant, its signing officer/owner/partner/principal and any Personal Guarantor acknowledge that Company or Bank have 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. 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 writtenconsent 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. Xxxxxxxx, its signing officers, owners, partners, and principals, and any Guarantors, authorize Company or Bank, and their agents or assigns, to make, from time to time, any business and personal credit and other inquiries Company or Bank considers necessary to review the acceptance and continuation of this Agreement. Merchant authorizes persons or entities contacted by Company or Bank or any of its affiliates, in relation to this Agreement, to release the credit information requested by Company or Bank or any affiliate. By executing this Agreement, Merchant, its signing officer/owner/partner/principal and any Personal Guarantor acknowledge that Company or Bank have 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. 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 writtenconsent 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.