Common use of Exam Clause in Contracts

Exam. From time to time, as deemed necessary by Bank in its sole discretion to monitor Collateral, Borrower hereby authorizes Bank or any agent or representative thereof to inspect, examine and verify the Accounts, Inventory, and Other Collateral, make copies of and make abstracts from all the records and books of account of, and visit the properties of, Borrower, and to discuss the affairs, finances, and Collateral generally of Borrower with any of its respective owners, officers, directors, shareholders, members, or partners and Borrower’s independent accountants and consultants. Without expense to Bank, Bank may use any of Borrower’s personnel, equipment, including computer equipment, programs and computer readable media as deemed necessary by Bank to conduct such Exam.

Exam. From time to time, as deemed necessary by Bank in its sole discretion to monitor Collateral, Borrower ----- Borrowers hereby authorizes authorize Bank or any agent or representative thereof to inspect, examine and verify the Accounts, Inventory, and Other Collateral, make copies of and make abstracts from all the records and books of account of, and visit the properties of, BorrowerBorrowers, and to discuss the affairs, finances, and Collateral generally of Borrower Borrowers with any of its respective owners, officers, directors, shareholders, members, or partners and Borrower’s Borrowers' independent accountants and consultants. Without expense to Bank, Bank may use any of Borrower’s Borrowers' personnel, equipment, including computer equipment, programs and computer readable media as deemed necessary by Bank to conduct such Exam.