Search Reports and Credit Reports. Bank shall receive, prior to the date of this Agreement and from time to time thereafter as Bank may determine in its reasonable discretion, UCC search results under all names used by Borrowers during the prior five (5) years, from each jurisdiction where any Collateral is located, from the State, if any, where Borrowers are organized and registered, the State where Borrowers’ chief executive office is located and all other locations deemed necessary by the Bank. The search results shall confirm that the Lien on the Collateral granted Bank hereunder is prior to all other Liens in favor of any other Person. The Bank is authorized to make all inquiries the Bank deems necessary to verify the accuracy of the information in respect of Borrowers contained in the Loan Documents and to determine the credit worthiness of Borrowers. Borrowers authorize any Person or credit reporting agency to give to the Bank any information it may have on Borrowers. Borrowers authorize the Bank to answer questions about Borrowers’ credit experience with the Bank.
Search Reports and Credit Reports. The Bank shall receive, prior to the date of this Agreement and from time to time thereafter as the Bank may determine in its reasonable discretion, UCC search results under all names used by each Entity Loan Party during the prior five (5) years, from each jurisdiction where any Collateral is located, from the State, if any, where each Entity Loan Party is organized and registered, the State where each Entity Loan Party’s chief executive office is located and all other locations deemed necessary by the Bank. The search results shall confirm that the Lien on the Collateral granted the Bank hereunder is prior to all other Liens in favor of any other Person. The Bank is authorized to make all inquires the Bank deems necessary to verify the accuracy of the information in respect of each Entity Loan Party contained in the Loan Documents and to determine the credit worthiness of each Entity Loan Party. Each Entity Loan Party authorizes any Person or credit reporting agency to give to the Bank any information it may have on such Entity Loan Party. Each Entity Loan Party authorizes the Bank to answer questions about such Entity Loan Party’s credit experience with the Bank.
Search Reports and Credit Reports. The Agent shall have the right, prior to the date of this Agreement and from time to time thereafter as Agent may determine in its reasonable discretion, to order UCC search results under all names used by the Borrower or any Guarantor during the prior five (5) years, from each jurisdiction where any Collateral is located, from the State, if any, where the Borrower or such Guarantor is organized and registered, the State where the Borrower’s or any Guarantor’s chief executive office is located and all other locations deemed necessary by the Agent, all at the expense of the Borrower. The Agent is authorized to make all inquires the Agent deems necessary to verify the accuracy of the information in respect of the Borrower or any Guarantor contained in the Loan Documents and to determine the credit worthiness of such party. The Borrower and each Guarantor authorize any Person or credit reporting agency to give to the Agent any information it may have on such party. The Borrower and each Guarantor authorize the Agent to answer questions about such party's credit experience with the Agent.
Search Reports and Credit Reports. The Agent shall have the right, prior to the date of this Agreement and from time to time thereafter as Agent may determine in its reasonable discretion, to order UCC search results under all names used by the Borrower during the prior five (5) years, from each jurisdiction where any Collateral is located, from the State, if any, where the Borrower is organized and registered, the State where the Borrower’s chief executive office is located and all other locations deemed necessary by the Agent, all at the expense of the Borrower. The Agent is authorized to make all inquires the Agent deems necessary to verify the accuracy of the information in respect of Borrower or Newtek contained in the Loan Documents and to determine the credit worthiness of such party. Borrower and Newtek authorize any Person or credit reporting agency to give to the Agent any information it may have on such party. Borrower and Newtek authorize the Agent to answer questions about such party’s credit experience with the Agent.
Search Reports and Credit Reports. Bank shall receive, prior to the date of this Agreement and from time to time thereafter as Bank may determine in its reasonable discretion, UCC search results under all names used by each Loan Party during the prior five (5) years, from each jurisdiction where any Collateral is located, from the State, if any, where each Loan Party is organized and registered, the State where each Loan Party’s chief executive office is located and all other locations deemed necessary by the Bank. The search results shall confirm that the Lien on the Collateral granted Bank hereunder is prior to all other Liens in favor of any other Person. The Bank is authorized to make all inquiries the Bank deems necessary to verify the accuracy of the information in respect of each Loan Party contained in the Loan Documents and to determine the credit worthiness of each Loan Party. Each Loan Party authorizes any Person or credit reporting agency to give to the Bank any information it may have on such Loan Party. Each Loan Party authorizes the Bank to answer questions about such Loan Party’s credit experience with the Bank.
