Common use of Field Exams Clause in Contracts

Field Exams. The Administrative Agent or its designee shall have conducted a satisfactory field examination of the accounts receivable, inventory and related working capital matters and financial information of the Borrowers and EM LLC (its Property being that which is acquired as part of the Petro Acquisition) and of the related data processing and other systems.

Appears in 5 contracts

Samples: Assignment and Assumption (Edgen Group Inc.), Credit Agreement (Edgen Murray LTD), Credit Agreement (Edgen Group Inc.)

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