Common use of Collateral Appraisals Clause in Contracts

Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, at Companies’ expense, an appraisal of each Company’s Collateral, by an appraiser acceptable to Xxxxx Fargo in its sole discretion; provided that so long as no Default Period exists, Xxxxx Fargo will not charge Companies for more than (i) two such appraisals during the one-year period after the date of this Agreement, or (ii) one such appraisal for each one-year period thereafter.

Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, but no more than two times per calendar year so long as no Event of Default is existing, at Companies’ Company’s expense, an appraisal of each Company’s all or any portion of the Collateral, by an appraiser acceptable to Xxxxx Fargo in its sole discretion; provided that so long as no Default Period exists, Xxxxx Fargo will not charge Companies for more than (i) two such appraisals during the one-year period after the date of this Agreement, or (ii) one such appraisal for each one-year period thereafter.

Collateral Appraisals. Xxxxx Fargo may also obtain, from time to time, at Companies’ expense, an appraisal of each CompanyBorrower’s Collateral, Collateral by an appraiser acceptable to Xxxxx Fargo in its sole discretion; provided that . Notwithstanding the foregoing, so long as no Default Period exists, Borrower shall only be obligated to reimburse Xxxxx Fargo will not charge Companies for more than (i) two such appraisals during the one-year period after the date reasonable costs of this Agreement, or (ii) one such appraisal for each one-year period thereafterduring any one fiscal year.