Common use of Field Examinations Clause in Contracts

Field Examinations. At the Administrative Agent’s sole option, the Administrative Agent shall have completed its field examinations of the Borrower’s books and records, assets, and operations which examinations will be satisfactory to the Administrative Agent in its sole and absolute discretion.

Appears in 10 contracts

Samples: Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.)

AutoNDA by SimpleDocs

Field Examinations. At the Administrative Agent’s sole option, the Administrative Agent shall have completed its field examinations of the Borrower’s books and records, assets, and operations which examinations will be satisfactory to the Administrative Agent in its sole and absolute discretion; provided, the Administrative Agent acknowledges that these items were previously satisfied.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Advocat Inc)

AutoNDA by SimpleDocs

Field Examinations. At the Administrative Agent’s sole option, the Administrative Agent shall have completed its field examinations of the Borrower’s books and records, assets, and operations DM3\7000734.9 which examinations will be satisfactory to the Administrative Agent in its sole and absolute discretion.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Diversicare Healthcare Services, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.