Field Examinations definition

Field Examinations means, whether as to any one Borrower or all Borrowers and whether in one visit or a series of related visits, the audit, inspection and review by Agent or its agents of any Borrower’s (a) books, records, audits, correspondence and all other papers relating to the Collateral, (b) the operations of such Borrower and/or (c) the Collateral.
View Source
Field Examinations as defined in subsection 6.6.
View Source
Field Examinations means, whether as to any one Issuer or all Issuers and whether in one visit or a series of related visits, the audit, inspection and review by any Noteholder or its agents of any Issuer’s (a) books, records, audits, correspondence and all other papers relating to the Collateral, (b) the operations of such Issuer and/or (c) the Collateral.
View Source

Examples of Field Examinations in a sentence

  • Borrower will pay the cost of Field Examinations as specified in the Schedule.

  • The Company acknowledges that all Field Examinations and Appraisals are conducted by or for the Administrative Agent and Lenders for their purposes, and the Borrowers shall not be entitled to rely upon them.

  • Without limiting the foregoing, each Borrower will jointly and severally reimburse Lender for the costs (including reasonable out of pocket expenses plus applicable taxes) related to the Lender’s due diligence including Field Examinations and the verification, evaluation, assessment and approval of Collateral.

  • The Administrative Agent hereby confirms that it has received all of such Appraisals and Field Examinations and is satisfied therewith.

  • The reasonable cost of all such Field Examinations shall be paid by the Borrower, become part of the Indebtedness and shall not exceed $10,000 for any one Field Examination.

  • The Administrative Agent shall have received, in form and substance reasonably satisfactory to it, all Inventory Appraisals and Field Examinations and Appraisals of all Eligible Equipment and Eligible Fee-Owned Real Estate, each dated no earlier than three months prior to the Closing Date.

  • The Credit Parties shall be responsible for the reasonable, documented costs and out of pocket expenses of all such visits, Field Examinations, inventory appraisals and audits, including without limitation, the Field Examination Fees.

  • Borrower's obligation to reimburse Agent for the costs of such Field Examinations shall not exceed $10,000 per year.

  • Access to Properties and Inspections; Annual Meetings; Field Examinations and Appraisals.

  • The fees and expenses of one such Field Examination in each calendar year shall be for the account of the Borrower, unless a Default or Event of Default should occur and be continuing, in which event the Borrower shall be responsible for the costs of all Field Examinations.


More Definitions of Field Examinations

Field Examinations means, whether as to any one Borrower or all Borrowers and whether in one visit or a series of related visits, the audit, inspection and review by Agent or its agents of any Borrower’s (a) books, records, audits, correspondence and all other papers relating to the Collateral,
View Source
Field Examinations means, whether as to any one Borrower or all Borrowers and whether in one visit or a series of related visits, the audit,
View Source
Field Examinations. Borrower will reimburse Crestmark for the costs to perform at least one field examination per year (frequency of field examinations to be determined in Crestmark's sole discretion) of Borrower's books and records, assets and liabilities, to be performed by Crestmark's inspector, whether a Crestmark officer or an independent party with all expenses (whether for a Crestmark employee or otherwise, together with all out of pocket expenses including, but not limited to, transportation, hotel, parking, and meals) paid by Borrower. Upon Default, the number of field examinations to be reimbursed by Borrower may be increased in Crestmark's sole discretion. Field examinations are performed for Crestmark's internal use and Crestmark has no obligation to provide Borrower with the results of the examination or copies of any reports or work papers in whole or in part. Borrower's reimbursement of field examinations will not exceed fifteen thousand dollars ($15,000.00) per year.
View Source
Field Examinations means field audits, investigations and reviews of any of the Records concerning the Pool Receivables, in any manner and through any medium that the Agent considers advisable, for the purpose of determining the Receivables Pool, or the extent to which Pool Receivables constitute Eligible Receivables.
View Source

Related to Field Examinations

  • 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.

  • Medical examination means an in-person or virtual examination of a member’s physical or mental health, or both, by a physician or physicians selected or approved by the board; or, at the discretion of the board, a medical record review of the member’s physical or mental health, or both, by a physician selected or approved by the board.

  • Inspections has the meaning set forth in Section 4.1.2.

  • Practical examination means a demonstration through application of the safety rules and principles in industrial radiography including use of all procedures and equipment to be used by radiographic personnel.

  • Controller of Examinations means the Controller of Examinations of the University;