Common use of Exam Clause in Contracts

Exam. Exam means those examinations on the premises of Borrower or wherever books, records, or Collateral are located, however maintained, including but not limited to the inspection of Inventory, and standard testing of such books and records by Bank’s representatives, at any time during normal business hours of Borrower, with or without prior notice to Borrower from Bank, as provided in Section DD.06(b).

Appears in 2 contracts

Sources: Loan Agreement (Sand Hills, Inc), Loan Agreement (Industrial Services of America Inc /Fl)

Exam. Exam means those examinations on the premises of Borrower Borrowers or wherever books, records, or Collateral are located, however maintained, including but not limited to the inspection of Inventory, and standard testing of such books and records by Bank’s 's representatives, at any time during normal business hours of BorrowerBorrowers, with or without prior notice to Borrower Borrowers from Bank, as provided in Section DD.06(b).

Appears in 1 contract

Sources: Loan Agreement (Uci Medical Affiliates Inc)