Common use of Appraisals Clause in Contracts

Appraisals. Bank shall have obtained, at Borrower's cost, an appraisal of all real property collateral required hereby, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 19 contracts

Sources: Credit Agreement (Good Times Restaurants Inc), Credit Agreement (Rotonics Manufacturing Inc/De), Credit Agreement (Sonomawest Holdings Inc)

Appraisals. Bank shall have obtained, at Borrower's ’s cost, an appraisal of all real property collateral required hereby, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 5 contracts

Sources: Credit Agreement (Barrett Business Services Inc), Credit Agreement (Ddi Corp), Credit Agreement (Natural Alternatives International Inc)

Appraisals. Bank shall have obtained, at Borrower's cost, an appraisal of all any real property collateral required hereby, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 1 contract

Sources: Credit Agreement (Natural Alternatives International Inc)

Appraisals. Bank shall have obtained, at Borrower's cost, an appraisal of all real property collateral required hereby, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 1 contract

Sources: Credit Agreement (Allis Chalmers Corp)

Appraisals. Bank shall have obtained, at Borrower's cost, an appraisal of all real property collateral any Real Property Collateral required hereby, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 1 contract

Sources: Credit Agreement (Medalist Diversified REIT, Inc.)

Appraisals. Bank shall have obtained, at Borrower's cost, obtained an appraisal of all real property collateral required herebythe Real Property Collateral, and all improvements thereon, issued by an appraiser acceptable to Bank and in form, substance and reflecting values satisfactory to Bank, in its discretion.

Appears in 1 contract

Sources: Credit Agreement (Tejon Ranch Co)