Common use of Test Verifications Clause in Contracts

Test Verifications. At any time prior to and following Default, Lender, without notice, in its sole and absolute discretion, may, in its name or in the name of others, make test verifications of any and all Accounts in any manner and through any medium Lender considers advisable with or without the assistance of the Borrower.

Appears in 2 contracts

Samples: Revolving Loan and Security Agreement (K Tronik International Corp), Revolving Loan and Security Agreement (Integrated Biopharma Inc)

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Test Verifications. At any time prior following Default and, during the continuance thereof (and, except as necessary for Lender to and following Defaultconduct its Collateral review, which review may be conducted any time Lender reasonably designates) Lender, without notice, in its sole and absolute discretion, may, in its name or in the name of others, make test verifications of any and all Accounts in any manner and through any medium Lender considers advisable with or without the assistance of the Borrower.

Appears in 1 contract

Samples: Agreement (Osteotech Inc)

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Test Verifications. At any time prior to Default in its reasonable discretion, and following Default, Lender, without notice, at any time during a Default Period in its sole and absolute discretion, Lender, without notice, may, in its name or in the name of others, make test verifications of any and all Accounts in any manner and through any medium Lender Xxxxxx considers advisable with or without the assistance of the Borrower.

Appears in 1 contract

Samples: Control Agreement (Media Sciences International Inc)

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