Collateral Examination definition

Collateral Examination means audits, verifications and inspections of (a) the Collateral,
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Collateral Examination means audits, verifications and inspections of (a) the Collateral, (b) the accounting and financial processes and procedures of the Companies pertaining to the Collateral, and (c) the books, records and documents of the Companies pertaining to the Collateral, in each case conducted by a Person (who may be an employee of Lender or who may be an independent third party) reasonably satisfactory to Lender.
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Collateral Examination. A satisfactory examination of all Borrower’s collateral to be performed semi-annually by collateral examiners acceptable to Trade Bank with reimbursement to Trade Bank by Borrower of all costs and expenses for each examination. • Projections: Not later than thirty (30) calendar days after and as of the end of each fiscal year, a projection in form and substance satisfactory to Trade Bank.
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Examples of Collateral Examination in a sentence

  • The Parties acknowledge that Lender has performed an initial Collateral Examination prior to the execution of this Loan Agreement, and the representations and warranties in section 5.13 relating thereto (and to any subsequent Collateral Examination) must be correct.

  • The information concerning each Underlying Note and each Underlying Deed of Trust set forth in any list or schedule of Underlying Notes and Underlying Deeds of Trust provided to Lender for the Collateral Examination, Borrowing Base Certificate, or Collateral Pool Report will be true and correct as of the date presented.

  • Books and Records; Collateral Examination, Inspection and Appraisals.

  • Books and Records; Collateral Examination, Inspection and Appraisals...............44 Section 6.11.

  • Borrower shall pay to Agent, for Agent's own account, a collateral examination charge of $875 per day per individual, plus all travel and living expenses and other reasonable actual out-of-pocket expenses incurred, in connection with any field examination conducted by Agent (the "Collateral Examination Charge") payable on the Closing Date or as incurred after the Closing Date.

  • Collateral Examination: A satisfactory examination of all Borrower's collateral to be performed annually by collateral examiners acceptable to Trade Bank with reimbursement to Trade Bank by Borrower of all costs and expenses for each examination.

  • This Agreement will become effective once (a) all parties have executed and delivered this Agreement and all other Loan Documents; (b) Lender has received all of the items described on Schedule 5, each in Proper Form; (c) Lender has completed its due diligence and a Collateral Examination of Borrower; and (d) Lender has received such other documents from the Borrower as Lender may reasonably request.


More Definitions of Collateral Examination

Collateral Examination. A satisfactory examination of all Borrower’s collateral to be performed annually by collateral examiners acceptable to Trade Bank with reimbursement to Trade Bank by Borrower of all costs and expenses for each examination.
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Collateral Examination. For the fiscal quarter ending August 31, 2006 and quarterly thereafter, a satisfactory examination of all Borrower’s collateral to be performed quarterly by collateral examiners acceptable to Trade Bank with reimbursement to Trade Bank by Borrower of all costs and expenses for each examination. • Projections: Not later than December 31, 2006 quarterly projections for fiscal year ending 2007, which projections shall include an income statement, balance sheet and statement of cash flows.
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Related to Collateral Examination

  • Physical examination means the assessment of an individual’s health by a professional licensed to practice medicine or osteopathy, or by an advanced practice nurse or physician assistant.

  • Collateral Records means books, records, ledger cards, files, correspondence, customer lists, blueprints, technical specifications, manuals, computer software, computer printouts, tapes, disks and related data processing software and similar items that at any time evidence or contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon.

  • National examination means the examinations developed and administered by the Federation of State Boards of Physical Therapy and approved by the board for licensure as a physical therapist or physical therapist assistant.

  • Maintenance Inspection Report shall have the meaning set forth in Clause 15.2; “Maintenance Manual” shall have the meaning ascribed to it in Clause 10.7; “Maintenance Programme” shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;