Common use of Field Examination Clause in Contracts

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 6 contracts

Samples: Credit Agreement (Charlotte's Web Holdings, Inc.), Credit Agreement (Charlotte's Web Holdings, Inc.), Credit Agreement (TimkenSteel Corp)

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Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters such other information or materials as the Administrative Agent shall include within the scope of such field examination and of the Borrower’s related data processing and other systemsaudit, the results all of which shall be in form and substance satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 5 contracts

Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowers’ Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 5 contracts

Samples: Credit Agreement (U.S. Auto Parts Network, Inc.), Credit Agreement (Ipsco Tubulars Inc), Credit Agreement (Compressco Partners, L.P.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters such other information or materials as the Administrative Agent shall include within the scope of such field examination and of the Borrower’s related data processing and other systemsaudit, the results all of which shall be in form and substance reasonably satisfactory to the Administrative Agent in its sole discretion.

Appears in 4 contracts

Samples: Credit Agreement (Cactus, Inc.), Credit Agreement (Frank's International N.V.), Credit Agreement (Cactus, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 4 contracts

Samples: Credit Agreement (Clarus Corp), Credit Agreement (General Cable Corp /De/), Credit Agreement (Belden Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion.

Appears in 3 contracts

Samples: Credit Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory Company and related working capital matters and of the Borrower’s related data processing and other systemsits Subsidiaries, the results of which shall be satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 3 contracts

Samples: Credit Agreement (KLX Energy Services Holdings, Inc.), Credit Agreement (KLX Energy Services Holdings, Inc.), Credit Agreement (KLX Energy Services Holdings, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’, Accounts, Credit Card Accounts Receivable, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (Cricut, Inc.), Credit Agreement (Cricut, Inc.)

Field Examination. The Administrative Agent or its designee shall have has conducted a field examination of the Loan PartiesBorrowersCredit Card Accounts, Inventory Inventory, and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be are satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (Francesca's Holdings CORP), Term Loan Credit Agreement (Francesca's Holdings CORP)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Accounts and Inventory of B&R and related working capital matters and of the Borrower’s related data processing and other systems, its Subsidiaries the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (HF Foods Group Inc.), Credit Agreement (HF Foods Group Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the U.S. Loan Parties’ AccountsAccount, Inventory and related working capital matters and of the Borrower’s U.S. Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole reasonable discretion.

Appears in 2 contracts

Samples: Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Borrower’s Accounts, Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (A.S.V., LLC), Credit Agreement (Manitex International, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory Company’s Accounts and related working capital matters and of the BorrowerCompany’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole commercially reasonable discretion.

Appears in 2 contracts

Samples: Credit Agreement (KLX Inc.), Loan Agreement (KLX Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory relevant Post Closing Borrower’s Accounts and related working capital matters and of the relevant Post Closing Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Abl Credit Agreement (Univar Inc.), Abl Credit Agreement (Univar Inc.)

Field Examination. The Administrative Agent or its designee shall have has conducted a field examination of the Loan PartiesBorrowers’ Accounts, Inventory Inventory, and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be are satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (Allbirds, Inc.), Credit Agreement (Allbirds, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory Receivables and related working capital matters and financial information of the Borrower’s Targets and of the related data data-processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 2 contracts

Samples: Receivables Facility Credit Agreement (Anixter International Inc), Credit Agreement (Anixter International Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowersAccounts, Credit Card Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 2 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc)

Field Examination. The Administrative Agent or its designee shall have conducted completed a field examination of the Loan Parties’ Accountseach Borrower's business, Inventory operations and related working capital matters and of the Borrower’s related data processing and other systemsincome, the results of which field examination shall be satisfactory in all respects acceptable to the Administrative Agent in its sole discretionand absolute discretion and shall include reference discussions with key customers and vendors.

Appears in 2 contracts

Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Credit Card Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion.

Appears in 1 contract

Samples: Credit Agreement (American Eagle Outfitters Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Borrowing Base Parties’ Accounts, Accounts and Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be reasonably satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 1 contract

Samples: Credit Agreement (Superior Energy Services Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrower’s and its SubsidiariesAccounts, Inventory Accounts and related working capital matters and of the Borrower’s and its Subsidiaries’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Myriad Genetics Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and financial information of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Inventory Facility Credit Agreement (Anixter International Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a normal and customary field examination of the Accounts and Inventory of the Loan Parties’ AccountsParties for which the Borrower seeks to receive Borrowing Base credit on the Effective Date, Inventory and related working capital matters and of Holdings’ and the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Global Brass & Copper Holdings, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory Accounts and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion (and such field examination shall have been made available to the Lenders).

Appears in 1 contract

Samples: Credit Agreement (TRAC Intermodal LLC)

Field Examination. The Administrative Agent or its designee shall have conducted a reasonably satisfactory field examination of the Loan Parties’ Accounts, Accounts and Inventory and (including related working capital matters matters), financial information and of the Borrower’s related data processing and other systems, systems of the results Borrowers and Parent's other Subsidiaries organized under the laws of which shall be satisfactory to a jurisdiction within the Administrative Agent in its sole discretionUnited States.

Appears in 1 contract

Samples: Credit Agreement (Dura Automotive Systems Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Unisys Corp)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesDay One Borrowers’ Accounts, Inventory (other than the French Borrower) and related working capital matters and of the Borrower’s Day One Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Abl Credit Agreement (Univar Inc.)

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Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory Receivables and related working capital matters and financial information of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Receivables Facility Credit Agreement (Anixter International Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowers’ Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Rti Surgical, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 1 contract

Samples: Credit Agreement (Nine Energy Service, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Borrowing Base Parties’ Accounts, Inventory Inventory, Equipment and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole reasonable discretion.

Appears in 1 contract

Samples: Credit Agreement (Archrock, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, which shall be dated on or after April 30, 2023 the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Abl Credit Agreement (Party City Holdco Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a satisfactory field examination of the Loan Parties’ Accountsaccounts receivable, Inventory inventory and related working capital matters and financial information of the Borrower’s Loan Parties and of the related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Quiksilver Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowersAccounts, Inventory and their Subsidiaries’ Accounts and related working capital matters and of the Borrower’s Borrowers’ and their Subsidiaries’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (AtriCure, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowersAccounts, Credit Card Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Vera Bradley, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion.

Appears in 1 contract

Samples: Credit Agreement (iPower Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a reasonably satisfactory (in its Permitted Discretion) field examination of the Loan Parties’ Accountsaccounts receivable, Inventory inventory and related working capital matters and financial information of the Borrower’s Company and its domestic and Canadian subsidiaries and of the related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Visteon Corp)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Borrower’s and Subsidiary Guarantor’s Accounts, Inventory Inventory, Equipment and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole reasonable discretion.

Appears in 1 contract

Samples: Credit Agreement (Archrock Partners, L.P.)

Field Examination. The Administrative Agent or its designee shall have conducted a satisfactory field examination of the Loan Parties’ Accountsaccounts receivable, Inventory inventory and related working capital matters and financial information of the Borrower’s Borrower and its Subsidiaries and of the related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement

Field Examination. The Administrative Agent or its designee shall have conducted completed a field examination of the Loan PartiesBorrowersAccounts, Inventory Accounts and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be reasonably satisfactory to the Administrative Agent in its sole discretionAgent.

Appears in 1 contract

Samples: Credit Agreement (HCA Holdings, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan PartiesBorrowers’ Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion.

Appears in 1 contract

Samples: Credit Agreement (Highland Transcend Partners I Corp.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.. DB1/ 102580159.10 70

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Borrowers' Accounts, Inventory and related working capital matters and of the Borrower’s Borrowers' related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Haynes International Inc)

Field Examination. The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Credit Card Accounts, Inventory and related working capital matters and of the Borrower’s Loan Parties’ related data processing and other systemssystems (it being agreed that such field examination may have been previously prepared for a third party and assigned to the Administrative Agent), the results of which shall be satisfactory to the Administrative Agent in its sole discretionPermitted Discretion.

Appears in 1 contract

Samples: Credit Agreement (American Eagle Outfitters Inc)

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