Verification of Accounts Receivable. Any of Bank's officers, employees or representatives shall have the right, in Bank's name or in the name of a nominee of Bank, to verify the validity, amount or any other matter relating to any Accounts Receivable by mail, telephone, telegraph or otherwise. All costs, fees and expenses relating thereto that are incurred by Bank (or for which Bank becomes obligated) shall be part of Borrowers' Liabilities payable by Borrowers to Bank on demand.
Verification of Accounts Receivable. (a) LENDER shall have the right at BORROWER’s expense but no more frequently than quarterly (unless an Event of Default has occurred and is continuing) to obtain verifications from Account Debtors relating to the amount and validity of any Account Receivable.
Verification of Accounts Receivable. The Lenders, acting jointly (unless one Lender authorizes the other Lender to act on its behalf), may directly contact the Account Debtors for written confirmations of the Accounts Receivable at any time whether before or after the occurrence of an Event of Default.
Verification of Accounts Receivable. Lender shall have the right, which right Lender agrees to exercise in a commercially reasonable manner, at any time or times, in Lender's name or in the name of a nominee of Lender, to verify in good faith the validity, amount or any other matter relating to any Account Receivable or other Collateral, by mail, telephone, facsimile transmission or otherwise.
Verification of Accounts Receivable. During the existence of an Event of Default, any of Bank's officers, employees or representatives shall have the right, in Bank's name or in the name of a nominee of Bank, to verify the validity, amount or any other matter relating to any Accounts Receivable by mail, telephone, telegraph or otherwise. All costs, fees and expenses relating thereto that are incurred by Bank (or for which Bank becomes obligated) shall be part of Borrower's Liabilities payable by Borrower to Bank on demand.
Verification of Accounts Receivable. The Lender may directly contact the Account Debtors for written confirmations of the Accounts Receivable at any time whether before or after the occurrence of an Event of Default.
Verification of Accounts Receivable. Zomax shall have obtained, to its satisfaction, confirmation of the accounts receivable owed to Benchmark by its customers.
Verification of Accounts Receivable. Prior to any Event of Default any of Bank's officers, employees or representatives shall have the right, in Bank's name or in the name of a nominee of Bank, to verify the validity, amount or any other matter relating to any Accounts Receivable by mail or telegraph. Following an Event of Default, Bank may verify the validity and amount or any other matter relating to Accounts Receivable by any means. All costs, fees and expenses relating thereto that are incurred by Bank (or for which Bank becomes obligated) shall be part of Borrower's Liabilities payable by Borrower to Bank on demand.
Verification of Accounts Receivable. (a) LENDER shall have the right and will perform verifications from Account Debtors as to the amount and validity of any Account Receivable. (b) The BORROWERS shall give LENDER notice of any verifications prepared or conducted by the BORROWERS or their accountants and copies of such verifications shall be supplied to LENDER upon LENDER's request.
Verification of Accounts Receivable. The Bank may at any time, either orally or in writing, request confirmation from any Buyer of the current amount and status of the Account Receivable upon which such Buyer is obligated.
