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 other times as the Bank may request, an audit report with respect to the Member’s Collateral and Qualifying Collateral, prepared by the Member’s internal or external auditor and in form and 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 2 contracts

Samples: Atlanta Agreement (Crescent Banking Co), Agreement (Bankunited Financial Corp)

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Reports, Collateral Audits; Access. (A) 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 and Qualifying Collateral, prepared by the Member’s internal or 's external auditor and in form and substance acceptable to the Bank, and such financial reports and other information relating to the Member’s 's financial condition as the Bank may reasonably request.

Appears in 2 contracts

Samples: Agreement for Advances and Security Agreement (Gold Banc Corp Inc), Agreement for Advances and Security Agreement (Eagle Bancshares Inc)

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