Common use of Account Verification Clause in Contracts

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party by mail, telephone or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 8 contracts

Samples: Credit Agreement (Nortek Inc), Credit Agreement (Polymer Group Inc), Credit Agreement (Nortek Inc)

AutoNDA by SimpleDocs

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or (during the continuance of any Loan PartyEvent of Default) any Borrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 5 contracts

Samples: Credit Agreement (Matrix Service Co), Credit Agreement (Matrix Service Co), Credit Agreement (Intrepid Potash, Inc.)

Account Verification. Whether or not To the extent that a Specified Default or Event of Default or a Cash Dominion Event existshas occurred and is continuing, the Administrative Agent shall have the right at any time, in accordance with the Administrative Agent’s customary practice in administering asset-based financing similar to the financing hereunder, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Parties by mail, telephone or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 5 contracts

Samples: Credit Agreement (RR Donnelley & Sons Co), Credit Agreement (RR Donnelley & Sons Co), Credit Agreement (RR Donnelley & Sons Co)

Account Verification. Whether or not a Default or After an Event of Default or a Cash Dominion Event existshas occurred and is continuing, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan PartyBorrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 4 contracts

Samples: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, Party to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Parties by mail, telephone or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 4 contracts

Samples: Term Loan and Security Agreement (Birks Group Inc.), Term Loan and Security Agreement (Birks Group Inc.), Term Loan and Security Agreement (Birks & Mayors Inc.)

Account Verification. Whether or not a Default or an Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan PartyAssignor, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Assignors by mail, telephone or otherwise. The Loan Parties Assignors shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 4 contracts

Samples: Credit Agreement (Aleris Ohio Management, Inc.), Credit Agreement (Aleris Ohio Management, Inc.), Security Agreement (Aleris Ohio Management, Inc.)

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent Agent, or any Loan PartyBorrower, to verify the validity, amount or any other matter relating to any Accounts Receivables of the Loan Party any Borrower by mail, telephone or otherwise. The Loan Parties Administrative Agent shall use reasonable efforts to notify the Borrower Agent of such action, and each Borrower Party shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 4 contracts

Samples: Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Loan Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

Account Verification. Whether The Administrative Agent’s officers, employees or not a Default agents shall have the right, at any time or times if an Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any timehas occurred and is continuing, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, to verify the validity, amount or any other matter relating to any Accounts of the any Loan Party by mail, telephone telephone, electronic communication or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 3 contracts

Samples: Credit Agreement (Steven Madden, Ltd.), Credit Agreement (Steven Madden, Ltd.), Credit Agreement (Steven Madden, Ltd.)

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Parties by mail, telephone or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 3 contracts

Samples: Credit Agreement (Cenveo, Inc), Credit Agreement (Cenveo, Inc), Credit Agreement (Cenveo, Inc)

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or (during the continuance of any Loan PartyEvent of Default) any Borrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.. (iv)

Appears in 3 contracts

Samples: Credit Agreement (Matrix Service Co), Credit Agreement (Mueller Water Products, Inc.), Credit Agreement (Mueller Water Products, Inc.)

Account Verification. Whether or not a Default or an Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Party, Borrower to verify the validity, amount or any other matter relating to any Accounts Wholesale Receivable of the Loan Party such Borrower by mail, telephone telephone, telegraph or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 2 contracts

Samples: Loan and Security Agreement (Insight Health Services Holdings Corp), Loan and Security Agreement (IMI of Arlington, Inc.)

AutoNDA by SimpleDocs

Account Verification. Whether or not a Default or an Event of Default has occurred, any of Administrative Agent's officers, employees or a Cash Dominion Event exists, the Administrative Agent agents shall have the right right, at any timetime or times hereafter, in the name of the Administrative Agent, any Lender, any designee of the Administrative Agent any of them, or any Loan PartyBorrower, to verify the validity, amount amount, or any other matter relating to any Accounts of the Loan Party by mail, telephone telephone, telegraph or otherwise. The Loan Parties Borrower shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 2 contracts

Samples: Loan and Security Agreement (Questron Technology Inc), Loan and Security Agreement (Questron Technology Inc)

Account Verification. Whether or not a Default or an Event of Default or a Cash Dominion Event existshas occurred and is continuing, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan PartyBorrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 2 contracts

Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)

Account Verification. Whether or not If a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or (during the continuance of any Loan PartyEvent of Default) any Borrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties Borrowers shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 2 contracts

Samples: Credit Agreement (Ascent Industries Co.), Credit Agreement (Synalloy Corp)

Account Verification. Whether or not a Default or Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or (during the continuance of any Loan PartyEvent of Default) any Borrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrower by mail, telephone or otherwise. The Loan Parties Borrower shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 1 contract

Samples: Credit Agreement (Twin Disc Inc)

Account Verification. Whether or not During a Default or Default, Event of Default or a Cash Dominion Event existsEvent, the Administrative Agent shall have the right at any time, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan PartyBorrower, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party Borrowers by mail, telephone or otherwise. The Loan Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 1 contract

Samples: Credit Agreement (Armstrong Flooring, Inc.)

Account Verification. Whether Any of Administrative Agent’s officers, employees or not a Default agents shall have the right, at any time or times hereafter that an Event of Default or a Cash Dominion Event exists, the Administrative Agent shall have the right at any timeoccurred and be continuing, in the name of the Administrative Agent, any designee of the Administrative Agent or any Loan Credit Party, to verify the validity, amount or any other matter relating to any Accounts of the Loan Party by mail, telephone telephone, electronic communication or otherwise. The Loan Credit Parties shall cooperate fully with the Administrative Agent in an effort to facilitate and promptly conclude any such verification process.

Appears in 1 contract

Samples: Loan and Security Agreement (Nes Rentals Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.