Common use of Financial Review Clause in Contracts

Financial Review. Bank’s willingness to provide Services to Customer is dependent on Customer’s financial condition. Customer’s financial condition is subject to review by Bank from time to time, and such reviews must be satisfactory to Bank in its sole discretion and opinion. Bank may from time to time request information to evaluate a continuation of the Agreement and/or adjustment of any limits. Customer shall, upon request, immediately provide to Bank any such information as Bank may require to perform any such review. Customer understands and agrees that time is of the essence in regard to any such request made by Bank. Customer’s failure to meet such standards in a timely fashion or provide such information or assistance when requested shall constitute a breach of this Agreement and shall permit Bank to cease providing Services upon written notice to Customer. Customer agrees that Customer shall promptly furnish to Bank such information respecting Customer’s business and financial condition, in such form and manner, as Bank may reasonably request from time to time, which information shall be true, complete, and correct in all material respects.

Appears in 4 contracts

Samples: Treasury Management Master Agreement, Treasury Management Master Agreement, Treasury Management Master Agreement

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