Common use of Audits and Appraisals Clause in Contracts

Audits and Appraisals. (i) The Administrative Agent or its Affiliates shall have conducted a field examination of the Borrowers’ assets, liabilities, cash management systems, reporting and books and records, and the results of such field examination shall be reasonably satisfactory to the Administrative Agent in all respects; and

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.), Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.), Credit Agreement (Independence Contract Drilling, Inc.)

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Audits and Appraisals. (i) The Administrative Agent or its Affiliates shall have conducted a field examination of the Borrowers’ assets, liabilities, cash management systems, reporting and books and records, and the results of such field examination shall be reasonably satisfactory to the Administrative Agent in all respects; and

Appears in 2 contracts

Samples: Revolving Credit Agreement (Joe's Jeans Inc.), Term Loan Credit Agreement (Joe's Jeans Inc.)

Audits and Appraisals. (ia) The Administrative Agent or its Affiliates shall have conducted a field examination of the Borrowers’ assets, liabilities, cash management systems, reporting and books and records, and the results of such field examination shall be reasonably satisfactory to the Administrative Agent in all respects; and

Appears in 2 contracts

Samples: Loan Agreement (M/a-Com Technology Solutions Holdings, Inc.), Loan and Security Agreement (Hudson Highland Group Inc)

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Audits and Appraisals. (i) The Administrative Agent or its Affiliates shall have conducted a field examination of the BorrowersBabyUniverse Loan Parties’ assets, liabilities, cash management systems, reporting and books and records, and the results of such field examination shall be reasonably satisfactory to the Administrative Agent in all respects; and

Appears in 1 contract

Samples: Credit Agreement (Babyuniverse, Inc.)

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