Common use of Reports, Collateral Audits; Access Clause in Contracts

Reports, Collateral Audits; Access. (a) The Member shall furnish to the Bank annually, and at such times as the Bank may request, an audit report with respect to the Member’s Collateral, Qualifying Collateral, and Collateral Maintenance Level prepared by the Member’s external auditor, in accordance with generally accepted auditing standards, and in form and substance acceptable to the Bank.

Appears in 4 contracts

Samples: Security Agreement, Federal Home (Federal Home Loan Bank of Chicago), Federal Home (Federal Home Loan Bank of Chicago)

AutoNDA by SimpleDocs

Reports, Collateral Audits; Access. (a) The Member shall furnish to the Bank annually, and at such times as the Bank may request, an audit report with respect to the Member’s Collateral, Qualifying Collateral, and Collateral Maintenance Level prepared by the Member’s external auditor, in accordance with generally accepted auditing standards, and in form and substance acceptable to the Bank.,

Appears in 1 contract

Samples: Pledge, and Security Agreement (Trustco Holdings, Inc.)

AutoNDA by SimpleDocs

Reports, Collateral Audits; Access. (aA) The Member shall furnish to the Bank annually, and at such other times as the Bank may request, an audit report with respect to the Member’s 's Collateral, Qualifying Collateral, and Collateral Maintenance Level prepared by the Member’s 's external auditor, in accordance with generally accepted auditing standards, auditor and in form and or substance acceptable to the Bank, and such financial reports and Other information relating to The Member's financial condition as the Bank may reasonably request.

Appears in 1 contract

Samples: Pledge and Security Agreement (Bankunited Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!