Common use of Collateral Monitoring Clause in Contracts

Collateral Monitoring. Permit the Lender to (a) use the Borrower's stationery and sign the name of the Borrower to request verification of US Bank Accounts or other Collateral from Account Debtors, and (b) use the information recorded on or contained in any data processing equipment and computer hardware and software to which the Borrower has access relating to US Bank Accounts, US Bank Inventory and/or other Collateral.

Collateral Monitoring. Permit the Lender to (a) use the Borrower's Borrowers' stationery and sign the name of the such Borrower to request verification of US Bank Accounts Receivable or other Collateral from Account Debtors, and (b) use the information recorded on or contained in any data processing equipment and computer hardware and software to which the any Borrower has access relating to US Bank AccountsAccounts Receivable, US Bank Inventory Inventory, Equipment and/or other Collateral.