We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Field Audit Sample Clauses

Field AuditBorrower shall cooperate with Bank’s completion of an asset based lending field audit of Borrower’s books and records at Borrower’s expense to be completed by July 31, 2015.
Field Audit. Review and approval of field audit of Borrower verifying methodology and valuation of Accounts and Inventory, performed by an agent designated by Xxxxxx, all to the satisfaction of Lender in its sole opinion and judgment.
Field Audit. Cooperate with the Administrative Agent and its employees, agents, and third party audit firms, in the completion of field audits of accounts, inventory and equipment of the Group Members (other than Unrestricted Subsidiaries), such field audits to be conducted at the request of the Administrative Agent or Required Lenders not more frequently than once per fiscal year (or any time upon the occurrence and during the continuation of any Event of Default), with each such field audit to be conducted in a manner reasonably satisfactory to the Administrative Agent, and with all reasonable fees and expenses actually incurred thereof (not to exceed $15,000 per audit) to be paid by the Borrower.
Field AuditAgent shall complete an asset based field audit as well as a pre-fund examination, both to the satisfaction of the Agent;
Field Audit. Allow the Bank's internal auditors to conduct a field audit of Borrower's books, records and properties at such times and to such extent as Bank in its sole discretion, may determine and Borrower agrees to pay Bank for the cost of said audit(s).
Field Audit. Representatives of the Agent shall have completed a field audit of the accounts receivable, inventory, accounts payable, and accounting controls and systems of the members of the Consolidated Group with results and findings acceptable to the Agent and the Lenders.
Field Audit. Section 4.1(x) of the Loan Agreement is hereby amended in its entirety to read as follows:
Field Audit. A completed field audit of Borrower covering areas customarily examined by the Bank in form and substance satisfactory to the Bank.
Field Audit. Examination Reports and other Information; Disclaimer by Lenders.......................................... 107 12.11
Field Audit. An auditor selected by Lxxxxx shall have completed a field audit verifying Borrower’s methodology and valuation of the Accounts, Inventory and other Collateral of Borrower, in Lxxxxx’s sole opinion and judgment.