Common use of INVENTORIES, APPRAISALS, AND AUDITS Clause in Contracts

INVENTORIES, APPRAISALS, AND AUDITS. The Agent and each Lender, at the expense of the Borrower, may participate in and/or observe each physical count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the Borrower.

Appears in 1 contract

Samples: Revolving Credit Facility (Sun Television & Appliances Inc)

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INVENTORIES, APPRAISALS, AND AUDITS. The Agent and each LenderAgent, at the expense of the Borrower, may participate in and/or observe each physical internal cycle count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Hastings Entertainment Inc)

INVENTORIES, APPRAISALS, AND AUDITS. The Administrative Agent and each Lenderthe Lenders, at the expense of the BorrowerBorrowers, may participate in and/or observe each physical count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Homeplace of America Inc)

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INVENTORIES, APPRAISALS, AND AUDITS. The Agent and each Lendermay, at the expense of the BorrowerBorrowers, may participate in and/or observe observe, each physical count and/or inventory of so much of the Collateral as consists of Inventory which is undertaken on behalf of the BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)

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