Common use of Collateral Audits Clause in Contracts

Collateral Audits. Permit the Bank or its agents to perform annual audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as may be amended from time to time. The Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank may reasonably require.

Appears in 1 contract

Sources: Term Loan Agreement (Made2manage Systems Inc)

Collateral Audits. Permit the Bank or its agents to perform semi-annual audits of the Collateral. The Borrower borrower shall compensate the Bank for such those audits in accordance with the Bank's schedule of fees as may be amended from time to time. The Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank may reasonably require.

Appears in 1 contract

Sources: Credit Agreement (Made2manage Systems Inc)

Collateral Audits. Permit the Bank or its agents to perform an annual audits audit of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as may be amended from time to time. The Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank bank may reasonably require.

Appears in 1 contract

Sources: Credit Agreement (Made2manage Systems Inc)

Collateral Audits. Permit the Bank or its agents to perform annual audits of the Collateral. The Borrower shall compensate the Bank for such audits in accordance with the Bank's schedule of fees as may be amended from time to time. The Whether or not this section has been completed, the Bank shall retain the right to inspect the Collateral and business records related to it at such times and at such intervals as the Bank may reasonably require.

Appears in 1 contract

Sources: Credit Authorization Agreement (Interface Systems Inc)