Common use of APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS Clause in Contracts

APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent shall have received (a) appraisals of the Borrowers' Inventory by a third party appraiser acceptable to the Collateral Agent, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' books and records, each in form and substance satisfactory to the Collateral Agent.

Appears in 5 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.)

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APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent Agents shall have received (a) appraisals of the Borrowers' Inventory by a third party appraiser acceptable to the Collateral AgentAgents, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' books and records, each in form and substance satisfactory to the Collateral AgentAgents.

Appears in 1 contract

Samples: Value City Department Stores Inc /Oh

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APPRAISALS AND COMMERCIAL FINANCE EXAMINATIONS. The Collateral Agent shall have received (a) appraisals of the Borrowers' Borrower’s Inventory by a third party appraiser 57 acceptable to the Collateral Agent, and (b) a commercial finance examination with respect to the Lead Borrower and its Subsidiaries, including a review of the Borrowers' Borrower’s books and records, each in form and substance satisfactory to the Collateral Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Retail Ventures Inc)

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