Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Administrative Agent, of the Accounts, Inventory, General Intangibles and Equipment of each Credit Party and all books and records in connection therewith.
Appears in 2 contracts
Sources: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Administrative AgentLenders, of the AccountsReceivables, Inventory, General Intangibles Intangibles, Leasehold Interest and Equipment of each Credit Party Borrower and all books and records in connection therewith.;
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Comforce Corp), Revolving Credit and Security Agreement (Comforce Corp)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to Administrative AgentAgents, of the AccountsReceivables, Inventory, General Intangibles Intangibles, Real Property and Equipment equipment of each Credit Loan Party and all books and records in connection therewith.;
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (A.S.V., LLC), Revolving Credit, Term Loan and Security Agreement (Manitex International, Inc.)
Collateral Examination. The Administrative Agent shall have completed Collateral examinations and received appraisals(i) collateral field examinations of the receivables and inventory of each Borrower and all books and records in connection therewith and (ii) appraisals of the inventory of each Borrower, the results of which shall in all cases be satisfactory in form and substance to the Administrative Agent, of the Accounts, Inventory, General Intangibles and Equipment of each Credit Party and all books and records in connection therewith.
Appears in 1 contract
Sources: Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisalsexaminations, the results of which shall be satisfactory in form and substance to Administrative Agent, of the Accounts, Inventory, General Intangibles and Equipment of each Credit Party and all books and records in connection therewith.
Appears in 1 contract
Sources: Revolving Credit and Guaranty Agreement (Fairmount Santrol Holdings Inc.)
Collateral Examination. The Administrative Agent shall have completed Collateral field and other examinations of the Collateral, and received appraisalsappraisals of the Collateral, the results of each of which shall be satisfactory in form and substance satisfactory to the Administrative Agent, of the Accounts, Inventory, General Intangibles and Equipment of each Credit Party and all books and records in connection therewith.
Appears in 1 contract
Collateral Examination. Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Administrative AgentLenders, of the AccountsReceivables, Inventory, General Intangibles and Equipment of each Credit Party Borrower and all books and records in connection therewith.;
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Skullcandy, Inc.)
Collateral Examination. The Administrative Agent shall have completed Collateral examinations and received appraisals, the results of which shall be satisfactory in form and substance to Administrative Agentthe Lenders, of the AccountsMortgaged Real Property, Inventory, General Intangibles the Inventory and Equipment of each Credit Party and all books and records in connection therewith.the Equipment;
Appears in 1 contract
Sources: Revolving Credit, Equipment Loan, Term Loan and Security Agreement (McMS Inc /De/)