Common use of Collateral Inspections Clause in Contracts

Collateral Inspections. Lender shall have the right (but not the obligation) to do a physical on-site examination of the Collateral. All costs and expenses associated therewith shall be included in Lender Expenses.

Appears in 3 contracts

Sources: Loan Agreement (Ugly Duckling Corp), Loan Agreement (Ugly Duckling Corp), Credit and Security Agreement (Ugly Duckling Corp)