Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.
Appears in 23 contracts
Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Olympic Steel Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when unless a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender Secured Parties shall have any no duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 7 contracts
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp), Loan, Security and Guarantee Agreement (GEE Group Inc.), Guaranty and Security Agreement (Infinera Corp)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 4 contracts
Samples: Guaranty and Security Agreement (Turtle Beach Corp), Loan and Security Agreement (Summer Infant, Inc.), Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and during normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.
Appears in 3 contracts
Samples: Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligor’s acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 3 contracts
Samples: Loan and Security Agreement (U.S. Concrete, Inc.), Loan and Security Agreement (Us Concrete Inc), Loan and Security Agreement (Us Concrete Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when unless a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 2 contracts
Samples: Guaranty and Security Agreement, Term Loan, Guaranty and Security Agreement (Turtle Beach Corp)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when unless a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender Secured Parties shall have any no duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.
Appears in 2 contracts
Samples: Loan and Security Agreement (Super Micro Computer, Inc.), Loan and Security Agreement (Super Micro Computer, Inc.)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Parent or Subsidiaryits Subsidiaries, inspect, audit and make extracts from any BorrowerParent’s or Subsidiary’s its Subsidiaries’ books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerParent’s or such Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to Parent or any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with Parent or any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Parent and Borrowers shall not be entitled to rely upon them.
Appears in 2 contracts
Samples: Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them. So long as no Default or Event of Default has occurred and is continuing, Agent and Lenders agree to give Borrower Agent reasonable notice of any such visit or inspection.
Appears in 2 contracts
Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Houston Wire & Cable CO)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiaryany other Obligor, inspect, audit and make extracts from any Borrower’s or Subsidiaryany other Obligor’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or Subsidiarysuch Obligor’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.
Appears in 1 contract
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or any Subsidiary, inspect, audit and make extracts from any Borrower’s or any Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or any Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge Borrower acknowledges that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Borrower shall not be entitled to rely upon them.
Appears in 1 contract
Inspections; Appraisals. (ak) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Inspections; Appraisals. (a) (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Parent or Subsidiaryits Subsidiaries, inspect, audit and make extracts from any BorrowerParent’s or Subsidiary’s its Subsidiaries’ books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerParent’s or such Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to Parent or any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with Parent or any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Parent and Borrowers shall not be entitled to rely upon them.
Appears in 1 contract
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or Subsidiary, inspect, audit and make extracts from any Borrower’s 's or Subsidiary’s 's books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s 's or Subsidiary’s 's business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers shall not be entitled to rely upon them.
Appears in 1 contract
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when unless a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender Secured Parties shall have any no duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligor s acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligor s shall not be entitled to rely upon them.. -56-
Appears in 1 contract
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or unless an Event of Default existshas occurred and is continuing) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender Secured Parties shall have any no duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Quotient Technology Inc.)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower or any Subsidiary, inspect, audit and make extracts from any Borrower’s or any Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s or such Subsidiary’s business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with any Borrower. Borrowers acknowledge Borrower acknowledges that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Borrower shall not be entitled to rely upon them.
Appears in 1 contract
Samples: Loan and Security Agreement (Leapfrog Enterprises Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of Parent or any Borrower or Subsidiary, inspect, audit and make extracts from Parent's or any Borrower’s or Subsidiary’s 's books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Borrower’s Parent's or any Subsidiary’s 's business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 1 contract
Samples: Loan and Security Agreement (Frozen Food Express Industries Inc)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when unless a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Obligor or Subsidiary, inspect, audit and make extracts from any BorrowerObligor’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such BorrowerObligor’s or Subsidiary’s business, financial condition, assets, prospects and results of operationsoperations and appraise its Inventory. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender Secured Parties shall have any no duty to any Borrower Obligor to make any inspection, nor to share any results of any inspection, appraisal or report with any BorrowerObligor. Borrowers Obligors acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Borrowers Obligors shall not be entitled to rely upon them.
Appears in 1 contract
Samples: Guaranty and Security Agreement (ArcLight Clean Transition Corp.)
Inspections; Appraisals. (a) Permit Agent from time to time, subject (except when a Default or Event of Default exists) to reasonable notice and normal business hours, to visit and inspect the Properties of any Borrower Parent or Subsidiaryits Subsidiaries, inspect, audit and make extracts from any Borrower’s Parent's or Subsidiary’s its Subsidiaries' books and records, and discuss with its officers, employees, agents, advisors and independent accountants Parent's or such Borrower’s or Subsidiary’s 's business, financial condition, assets, prospects and results of operations. Lenders may participate in any such visit or inspection, at their own expense. Neither Agent nor any Lender shall have any duty to Parent or any Borrower to make any inspection, nor to share any results of any inspection, appraisal or report with Parent or any Borrower. Borrowers acknowledge that all inspections, appraisals and reports are prepared by Agent and Lenders for their purposes, and Parent and Borrowers shall not be entitled to rely upon them.
Appears in 1 contract