Valuation of Inventory. The Agent shall have received the valuation report prepared by Hilco Appraisal Services, such valuation report to be in form and substance satisfactory to the Agent, stating the then current fair market value of all Eligible Inventory.
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Sources: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
Valuation of Inventory. The Agent shall have received the valuation report prepared by Hilco Appraisal Services, such valuation report to be in form and substance satisfactory to the Agent, stating the then current fair market value of all Eligible Inventory, and which report the Agent will make available to the Borrower reasonably promptly after receipt thereof for the Borrower’s inspection only, and the Borrower shall have no right to refuse, dispute, seek modification of, or otherwise challenge the findings of such valuation report.
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