Common use of Field Examinations Clause in Contracts

Field Examinations. At Lender’s sole option, Lender shall have completed its field examinations of Borrower’s books and records, assets, and operations which examinations will be satisfactory to Lender in its sole and absolute discretion.

Appears in 2 contracts

Sources: Term Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Term Loan and Security Agreement (Diversicare Healthcare Services, Inc.)

Field Examinations. At the Lender’s sole option., the Lender shall have completed its field examinations of the Borrower’s books and records, assets, and operations which examinations will be satisfactory to the Lender in its sole and absolute discretion.

Appears in 2 contracts

Sources: Loan and Security Agreement (Tandem Health Care, Inc.), Loan and Security Agreement (Advocat Inc)

Field Examinations. At the Lender’s sole option, the Lender shall have completed its field examinations of the Borrower’s books and records, assets, and operations which examinations will be satisfactory to the Lender in its sole and absolute discretion.

Appears in 1 contract

Sources: Loan and Security Agreement (Advocat Inc)

Field Examinations. At the Lender’s sole option, the Lender shall have completed its field examinations of the Borrower’s books and records, assets, records and operations which examinations will be satisfactory to the Lender in its sole and absolute discretion.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Tandem Health Care, Inc.)

Field Examinations. At Lender’s sole option, The Lender shall have completed its field examinations of the Borrower’s books and records, assets, records and operations which examinations will be satisfactory to the Lender in its sole and absolute discretion.

Appears in 1 contract

Sources: Term Loan and Security Agreement (Tandem Health Care, Inc.)