Common use of Inventory Appraisals Clause in Contracts

Inventory Appraisals. The Administrative Agent shall have received an appraisal of the Borrowers’ Inventory from one or more firms reasonably satisfactory to the Administrative Agent, which appraisal shall be satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc)

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Inventory Appraisals. The Administrative Agent shall have received an appraisal of the BorrowersLoan Parties’ Inventory from one or more firms reasonably satisfactory to the Administrative Agent, which appraisal shall be satisfactory to the Administrative AgentAgent in its Permitted Discretion.

Appears in 1 contract

Samples: Credit Agreement (American Eagle Outfitters Inc)

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Inventory Appraisals. The Administrative Agent shall have received an appraisal results of appraisals of the Borrowers’ orderly liquidation value of the Borrower's Inventory from one or more firms reasonably satisfactory a third party appraisal firm acceptable to the Administrative AgentAgent and in form, which appraisal shall be scope and substance satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Aviall Inc)

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