Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to Agents, of the Receivables, Inventory, General Intangibles, Real Property and equipment of each Loan Party and all books and records in connection therewith;
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (A.S.V., LLC), Revolving Credit, Term Loan and Security Agreement (Manitex International, Inc.)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to AgentsAdministrative Agent, of the ReceivablesAccounts, Inventory, General Intangibles, Real Property Intangibles and equipment Equipment of each Loan Credit Party and all books and records in connection therewith;.
Appears in 2 contracts
Sources: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to AgentsLenders, of the Receivables, Inventory, General Intangibles, Real Property Leasehold Interest and equipment Equipment of each Loan Party Borrower and all books and records in connection therewith;
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Comforce Corp), Revolving Credit and Security Agreement (Comforce Corp)
Collateral Examination. The Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to Agentsthe Lenders, of the ReceivablesMortgaged Real Property, Inventory, General Intangibles, Real Property the Inventory and equipment of each Loan Party and all books and records in connection therewiththe Equipment;
Appears in 1 contract
Sources: Revolving Credit, Equipment Loan, Term Loan and Security Agreement (McMS Inc /De/)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisalsexaminations, the results of which shall be satisfactory in form and substance to Agents, of the Receivables, Inventory, General Intangibles, Real Property and equipment of each Loan Party and all books and records in connection therewith;Administrative Agent.
Appears in 1 contract
Sources: Revolving Credit and Guaranty Agreement (Fairmount Santrol Holdings Inc.)
Collateral Examination. Administrative Agent shall have completed Collateral examinations and Agents shall have received appraisals, the results of which shall be satisfactory in form and substance to AgentsLenders, of the Receivables, Inventory, General Intangibles, Real Property Intangibles and equipment Equipment of each Loan Party Borrower and all books and records in connection therewith;
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Skullcandy, Inc.)
Collateral Examination. The Administrative Agent shall have completed Collateral and received (i) collateral field examinations of the receivables and Agents shall have received appraisalsinventory of each Borrower and all books and records in connection therewith and (ii) appraisals of the inventory of each Borrower, the results of which shall in all cases be satisfactory in form and substance to Agents, of the Receivables, Inventory, General Intangibles, Real Property and equipment of each Loan Party and all books and records in connection therewith;Administrative Agent.
Appears in 1 contract
Sources: Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)
Collateral Examination. The Administrative Agent shall have completed Collateral field and other examinations of the Collateral, and Agents shall have received appraisalsappraisals of the Collateral, the results of each of which shall be satisfactory in form and substance satisfactory to Agents, of the Receivables, Inventory, General Intangibles, Real Property and equipment of each Loan Party and all books and records in connection therewith;Administrative Agent.
Appears in 1 contract