{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "cooperate-with-bank", "type": "clause", "offset": [15, 34]}, {"key": "completion-of", "type": "definition", "offset": [37, 50]}, {"key": "books-and-records", "type": "definition", "offset": [100, 117]}, {"key": "by-july", "type": "clause", "offset": [156, 163]}], "snippet": "Borrower shall cooperate with Bank\u2019s completion of an asset based lending field audit of Borrower\u2019s books and records at Borrower\u2019s expense to be completed by July 31, 2015.", "size": 3, "samples": [{"hash": "4JFuFwX29VX", "uri": "/contracts/4JFuFwX29VX#field-audit", "label": "Loan Modification Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.)", "score": 24.3661880493, "published": true}, {"hash": "a6i9LY3v711", "uri": "/contracts/a6i9LY3v711#field-audit", "label": "Loan Modification Agreement (Icon Eci Fund Fifteen, L.P.)", "score": 24.3607120514, "published": true}, {"hash": "l9cpZv1hoDi", "uri": "/contracts/l9cpZv1hoDi#field-audit", "label": "Loan Modification Agreement (ICON ECI Fund Sixteen)", "score": 24.3470230103, "published": true}], "hash": "f3ed7abc5355683d8cea8ab01c9a5fa6", "id": 2}, {"snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [0, 11]}, {"key": "satisfaction-of", "type": "clause", "offset": [95, 110]}, {"key": "the-agent", "type": "clause", "offset": [111, 120]}], "snippet": "Agent shall complete an asset based field audit as well as a pre-fund examination, both to the satisfaction of the Agent;", "size": 2, "samples": [{"hash": "aCXcTdj1aRW", "uri": "/contracts/aCXcTdj1aRW#field-audit", "label": "Revolving Credit, Term Loan and Security Agreement (Integrated Biopharma Inc)", "score": 23.491443634, "published": true}, {"hash": "25vwA5vieiP", "uri": "/contracts/25vwA5vieiP#field-audit", "label": "Revolving Credit and Term Loan Agreement (Hudson Technologies Inc /Ny)", "score": 23.4887065887, "published": true}], "hash": "e2eeee26bfcf3c289b2339002071ddab", "id": 7}, {"snippet_links": [{"key": "valuation-of", "type": "clause", "offset": [102, 114]}, {"key": "the-accounts", "type": "clause", "offset": [115, 127]}, {"key": "other-collateral", "type": "clause", "offset": [143, 159]}], "snippet": "An auditor selected by L\u2587\u2587\u2587\u2587\u2587 shall have completed a field audit verifying Borrower\u2019s methodology and valuation of the Accounts, Inventory and other Collateral of Borrower, in L\u2587\u2587\u2587\u2587\u2587\u2019s sole opinion and judgment.", "size": 2, "samples": [{"hash": "hHMhDJ6OIqJ", "uri": "/contracts/hHMhDJ6OIqJ#field-audit", "label": "Loan Agreement (Snail, Inc.)", "score": 33.3997268677, "published": true}, {"hash": "k3XgwzyVW6B", "uri": "/contracts/k3XgwzyVW6B#field-audit", "label": "Loan Agreement (Snail, Inc.)", "score": 33.0054740906, "published": true}], "hash": "15a12611f1b69ba69acc13d5370201e0", "id": 9}, {"snippet_links": [{"key": "by-the-bank", "type": "clause", "offset": [72, 83]}, {"key": "form-and-substance", "type": "clause", "offset": [87, 105]}, {"key": "to-the-bank", "type": "clause", "offset": [119, 130]}], "snippet": "A completed field audit of Borrower covering areas customarily examined by the Bank in form and substance satisfactory to the Bank.", "size": 3, "samples": [{"hash": "4ev9pCYEkXt", "uri": "/contracts/4ev9pCYEkXt#field-audit", "label": "Credit Agreement (Sigmatron International Inc)", "score": 24.9479808807, "published": true}, {"hash": "cLsOCrNQXua", "uri": "/contracts/cLsOCrNQXua#field-audit", "label": "Credit Agreement (Sigmatron International Inc)", "score": 19.0355911255, "published": true}], "hash": "e8549a4150041f46138d583d0c307d46", "id": 4}, {"snippet_links": [{"key": "the-loan-agreement", "type": "clause", "offset": [18, 36]}], "snippet": "Section 4.1(x) of the Loan Agreement is hereby amended in its entirety to read as follows:", "size": 3, "samples": [{"hash": "9E4oeGh6pch", "uri": "/contracts/9E4oeGh6pch#field-audit", "label": "Loan Agreement", "score": 31.3408622742, "published": true}, {"hash": "3DSvboHwDE7", "uri": "/contracts/3DSvboHwDE7#field-audit", "label": "Loan Agreement (Educational Development Corp)", "score": 28.7850780487, "published": true}, {"hash": "ahoU1g2VvwY", "uri": "/contracts/ahoU1g2VvwY#field-audit", "label": "Loan Agreement (Educational Development Corp)", "score": 28.4524307251, "published": true}], "hash": "b50bdfd74a9cf69c3acc8cef02291837", "id": 3}, {"snippet_links": [{"key": "the-borrowers", "type": "definition", "offset": [0, 13]}, {"key": "acknowledge-and-agree", "type": "clause", "offset": [22, 43]}, {"key": "facility-termination-date", "type": "clause", "offset": [63, 88]}, {"key": "the-agent", "type": "clause", "offset": [90, 99]}, {"key": "from-time-to-time", "type": "clause", "offset": [138, 155]}, {"key": "field-audits", "type": "definition", "offset": [164, 176]}, {"key": "the-inventory", "type": "clause", "offset": [198, 211]}, {"key": "accounts-receivable", "type": "definition", "offset": [224, 243]}, {"key": "fixed-assets", "type": "definition", "offset": [245, 257]}, {"key": "internal-controls", "type": "definition", "offset": [283, 300]}, {"key": "the-guarantors", "type": "clause", "offset": [322, 336]}, {"key": "expenses-of", "type": "clause", "offset": [360, 371]}, {"key": "agree-to", "type": "clause", "offset": [446, 454]}, {"key": "cooperate-with", "type": "clause", "offset": [493, 507]}, {"key": "completion-of", "type": "definition", "offset": [556, 569]}], "snippet": "The Borrowers further acknowledge and agree that, prior to the Facility Termination Date, the Agent and its representatives may undertake from time to time further field audits and/or valuations of the inventory, equipment, accounts receivable, fixed assets, and field audits of the internal controls of the Borrowers and the Guarantors and that the costs and expenses of these audits and valuations shall be paid by the Borrowers. The Borrowers agree to cooperate and cause the Guarantors to cooperate with the Agent and its representatives to facilitate completion of all such audits and valuations.", "size": 2, "samples": [{"hash": "ft5k3coqXc6", "uri": "/contracts/ft5k3coqXc6#field-audit", "label": "Credit Agreement (Miller Industries Inc /Tn/)", "score": 21.0, "published": true}, {"hash": "jx7C83qOcuP", "uri": "/contracts/jx7C83qOcuP#field-audit", "label": "Credit Agreement (Miller Industries Inc /Tn/)", "score": 18.0, "published": true}], "hash": "fb1a6771ee5585f762def9d11d9312a3", "id": 8}, {"snippet_links": [{"key": "by-lender", "type": "definition", "offset": [12, 21]}, {"key": "approval-of", "type": "clause", "offset": [34, 45]}, {"key": "accounts-receivable-and-inventory", "type": "clause", "offset": [109, 142]}, {"key": "performed-by", "type": "clause", "offset": [144, 156]}, {"key": "an-agent", "type": "clause", "offset": [157, 165]}, {"key": "satisfaction-of-lender", "type": "clause", "offset": [199, 221]}], "snippet": "If required by Lender, review and approval of field audit of Borrower verifying methodology and valuation of accounts receivable and inventory, performed by an agent designated by L\u2587\u2587\u2587\u2587\u2587, all to the satisfaction of Lender in its sole opinion and judgment.", "size": 5, "samples": [{"hash": "jODdLvHlBxe", "uri": "/contracts/jODdLvHlBxe#field-audit", "label": "Revolving Loan and Security Agreement (Snail, Inc.)", "score": 37.2436687201, "published": true}, {"hash": "g9L4QFDJDPi", "uri": "/contracts/g9L4QFDJDPi#field-audit", "label": "Loan and Security Agreement (Snail, Inc.)", "score": 37.2436687201, "published": true}], "hash": "e13101e67c0cbc8818830cda2127297a", "id": 1}, {"snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "internal-auditors", "type": "definition", "offset": [17, 34]}, {"key": "sole-discretion", "type": "definition", "offset": [152, 167]}, {"key": "to-pay", "type": "clause", "offset": [203, 209]}, {"key": "cost-of", "type": "definition", "offset": [223, 230]}], "snippet": "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).", "size": 3, "samples": [{"hash": "itnRLqHpYss", "uri": "/contracts/itnRLqHpYss#field-audit", "label": "Business Loan Agreement (United American Healthcare Corp)", "score": 18.0, "published": true}, {"hash": "iZw8bIVQpCg", "uri": "/contracts/iZw8bIVQpCg#field-audit", "label": "Business Loan Agreement (United American Healthcare Corp)", "score": 18.0, "published": true}], "hash": "c74b083a705ce7907d9adee60066bbe4", "id": 5}, {"snippet_links": [{"key": "reports-and-other-information", "type": "clause", "offset": [12, 41]}, {"key": "disclaimer-by-lenders", "type": "clause", "offset": [43, 64]}], "snippet": "Examination Reports and other Information; Disclaimer by Lenders.............................................85 12.11", "size": 3, "samples": [{"hash": "dfFgkKtMeTQ", "uri": "/contracts/dfFgkKtMeTQ#field-audit", "label": "Loan and Security Agreement (Stein Mart Inc)", "score": 18.0, "published": true}], "hash": "ce0dd94a12b0c20aabb1c14135b15e0e", "id": 6}, {"snippet_links": [{"key": "the-agent-shall", "type": "clause", "offset": [19, 34]}, {"key": "the-accounts-receivable", "type": "clause", "offset": [67, 90]}, {"key": "accounts-payable", "type": "definition", "offset": [103, 119]}, {"key": "accounting-controls", "type": "definition", "offset": [125, 144]}, {"key": "members-of-the", "type": "clause", "offset": [164, 178]}, {"key": "consolidated-group", "type": "definition", "offset": [179, 197]}, {"key": "the-agent-and-the-lenders", "type": "clause", "offset": [238, 263]}], "snippet": "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.", "size": 2, "samples": [{"hash": "iy9pM9puq8W", "uri": "/contracts/iy9pM9puq8W#field-audit", "label": "Credit Agreement (Friedmans Inc)", "score": 18.0, "published": true}, {"hash": "1A41efzlRon", "uri": "/contracts/1A41efzlRon#field-audit", "label": "Credit Agreement (Friedmans Inc)", "score": 18.0, "published": true}], "hash": "297f372fe6547209f9d06e1238f286e6", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRmaWVsZC1hdWRpdCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Field Audit", "parents": [["conditions-precedent", "Conditions Precedent"], ["conditions", "Conditions"], ["affirmative-covenants", "AFFIRMATIVE COVENANTS"], ["closing-conditions", "Closing Conditions"], ["definitions", "DEFINITIONS"]], "size": 100, "children": [["no-material-change", "No Material Change"], ["financial-condition", "Financial Condition"], ["consolidated-fixed-charge-coverage-ratio", "Consolidated Fixed Charge Coverage Ratio"], ["consolidated-ebitda", "Consolidated EBITDA"], ["capital-expenditures", "Capital Expenditures"]], "id": "field-audit", "related": [["field-audits", "Field Audits", "<strong>Field Audits</strong>"], ["sao-audit", "SAO AUDIT", "SAO AUDIT"], ["pricing-audit", "PRICING/AUDIT", "PRICING/AUDIT"], ["inspection-audit", "Inspection & Audit", "Inspection &amp; Audit"], ["field-examination", "Field Examination", "Field Examination"]], "related_snippets": [], "updated": "2026-04-02T05:40:27+00:00"}, "json": true, "cursor": ""}}