Monitoring Agent definition
Examples of Monitoring Agent in a sentence
Monitoring Agent may from time to time adjust such report to the extent any information or calculation does not comply with this Agreement.
Monitoring Agent may rely, in determining which Accounts are Eligible Accounts, on all statements and representations made by Borrower with respect thereto.
Obligors acknowledge that all inspections, appraisals and reports are prepared by Monitoring Agent and Lenders for their purposes, and Obligors shall not be entitled to rely upon them.
Monitoring Agent shall promptly provide to Lenders, when complete, any field examination, audit, appraisal or consultant report prepared for Monitoring Agent with respect to any Obligor or Collateral (“Report”).
Each Lender shall indemnify and hold harmless Monitoring Agent and any other Person preparing a Report from any action such Lender may take as a result of or any conclusion it may draw from Borrower Materials, as well as from any Claims arising as a direct or indirect result of Monitoring Agent furnishing same to such Lender, via the Platform or otherwise.