Borrower Procedural Review. The Administrative Agent shall, at the Borrower’s expense, retain Protiviti, Inc. (or another nationally recognized audit firm acceptable to the Administrative Agent in its sole discretion) to conduct and complete a procedural review of the Collateral Obligations in compliance with the standards set forth on Exhibit B hereto, (i) within 120 days after the Effective Date and (ii) once during every six month period at the request of the Administrative Agent thereafter. The Administrative Agent shall promptly forward the results of such procedural review to the Investment Manager.
Appears in 2 contracts
Sources: Loan Financing and Servicing Agreement (FS Investment Corp III), Loan Financing and Servicing Agreement (FS Investment Corp III)