Common use of Verification of Receivables Clause in Contracts

Verification of Receivables. The Agent shall have the right to make test verifications of Receivables in any reasonable manner and through any medium that it considers advisable, and the Debtor agrees to furnish all such assistance and information as the Agent may reasonable require in connection therewith. The Debtor at its expense will cause its chief financial officer to furnish to the Agent at any reasonable time and from time to time promptly upon the Agent's reasonable request, the following reports: (i) a reconciliation of all Receivables, (ii) an aging of all Receivables, (iii) trial balances and (iv) a test verification of such Receivables as the Agent may request.

Appears in 9 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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Verification of Receivables. The Agent shall have the right to make test verifications of Receivables in any reasonable manner and through any medium that it considers advisable, and the Debtor agrees to furnish all such assistance and information as the Agent may reasonable reasonably require in connection therewith. The Debtor at its expense will cause its chief financial officer to furnish to the Agent at any reasonable time and from time to time time, promptly upon the Agent's reasonable request, the following reports: (i) a reconciliation of all Receivables, (ii) an aging of all Receivables, (iii) trial balances and (iv) a test verification of such Receivables as the Agent may request.

Appears in 5 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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