Common use of Field Examination Clause in Contracts

Field Examination. Collateral Monitor and/or its designee shall have conducted an examination of the books and records of Borrower and its Subsidiaries, at the expense of the Borrower, and the results of such examination shall be in form and substance reasonably satisfactory to the Required Banks; provided, that, the signature of a Bank to this Agreement shall be deemed to be its approval of such field examination.