Common use of Asset Appraisal Clause in Contracts

Asset Appraisal. The Administrative Agent shall have received a satisfactory appraisal with respect to all vessels and certain property, plant and equipment of the Borrower and its Subsidiaries dated no earlier than March, 2007;

Appears in 1 contract

Sources: Credit Agreement (Superior Offshore International Inc.)

Asset Appraisal. The Administrative Agent shall have received a satisfactory appraisal with respect to all vessels and certain property, plant and equipment of the Borrower and its Subsidiaries dated no earlier than March, 2007Subsidiaries;

Appears in 1 contract

Sources: Credit Agreement (Superior Offshore International Inc.)