Common use of Inventory Appraisals Clause in Contracts

Inventory Appraisals. The Lender may from time to time (and will, no less than four times each year) obtain at the Borrowers' expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion.

Appears in 1 contract

Samples: Credit and Security Agreement (Netlist Inc)

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Inventory Appraisals. The Lender may from time to time (and will, no less than four times each year) obtain at the Borrowers' Borrower's expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion, and the percentage to be advanced on the basis of Eligible Inventory may be adjusted by the Lender based on such appraisals.

Appears in 1 contract

Samples: Credit and Security Agreement (Ag Bag International LTD)

Inventory Appraisals. The Lender may from time to time (and will, no less than four times each year) obtain at the Borrowers' expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion.

Appears in 1 contract

Samples: Credit and Security Agreement (Corsair Components, Inc.)

Inventory Appraisals. The Lender may from time to time (and will, no less than four times each year) obtain at the Borrowers' its own expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion; provided, however, that during any Default Period, the reasonable costs of such appraisals shall be at the Borrowers’ expense.

Appears in 1 contract

Samples: Credit and Security Agreement (Smtek International Inc)

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Inventory Appraisals. The Lender may from time to time (and will, no less than four times each year) obtain at the Borrowers' Borrower’s expense an appraisal of Inventory by an appraiser acceptable to the Lender in its sole discretion.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

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