Common use of Information; Collateral Examination Clause in Contracts

Information; Collateral Examination. Agent shall have received all financial, business, and other information regarding Borrower, its Subsidiaries and their respective Properties as Agent shall have reasonably requested. Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Lenders, of the Receivables, Inventory, General Intangibles and Equipment of Borrower and all books and records in connection therewith.

Appears in 3 contracts

Samples: Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Executone Information Systems Inc)

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Information; Collateral Examination. Agent shall have received all financial, business, business and other information regarding Borrower, Borrower and its Subsidiaries and their respective Properties properties as Agent shall have reasonably requested. requested and all such information received by Agent shall have completed Collateral examinations and received appraisals, prior to the results of which Closing Date shall be satisfactory true and correct in form and substance to Lenders, of the Receivables, Inventory, General Intangibles and Equipment of Borrower and all books and records in connection therewithmaterial respects.

Appears in 2 contracts

Samples: Accounts Receivable Management and Security Agreement (TMP Worldwide Inc), Accounts Receivable Management and Security Agreement (TMP Worldwide Inc)

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