Common use of Field Audit Clause in Contracts

Field Audit. If required by L▇▇▇▇▇, review and approval of field audit of ‎Borrower verifying methodology and valuation of accounts receivable and inventory, ‎performed by an agent designated by L▇▇▇▇▇, all to the satisfaction of Lender in its sole opinion ‎and judgment.‎

Appears in 1 contract

Sources: Revolving Loan and Security Agreement (Snail, Inc.)

Field Audit. If required by L▇▇▇▇▇, review Review and approval of field audit of ‎Borrower Borrower verifying methodology and valuation of accounts receivable Accounts and inventoryInventory, ‎performed performed by an agent designated by L▇▇▇▇▇, all to the satisfaction of Lender in its sole opinion ‎and judgment.‎and judgment.

Appears in 1 contract

Sources: Revolving Loan and Security Agreement (Berry Corp (Bry))

Field Audit. If required by L▇▇▇▇▇, review Review and approval of field audit of ‎Borrower Borrower verifying methodology and valuation of accounts receivable and inventory, ‎performed performed by an agent designated by L▇▇▇▇▇, all to the satisfaction of Lender in its sole opinion ‎and judgment.‎and judgment.

Appears in 1 contract

Sources: Revolving Loan and Security Agreement (Snail, Inc.)