Common use of Environmental Audits Clause in Contracts

Environmental Audits. From time to time, but not more frequently than semi-annually (provided Borrower is not in default) as requested by Lender, at the sole expense of Borrower, Borrower shall provide Lender, or its designee, complete access to all of Borrower's facilities for the purpose of conducting an environmental audit of such facilities as Lender may deem necessary.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ride Inc), Security Agreement (Galvestons Steakhouse Corp)

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Environmental Audits. From time to time, but not more frequently than semi-annually (provided Borrower is not in default) as requested by Lender, at the sole expense of Borrower, Borrower shall provide Lender, or its designee, Lender complete access to all of Borrower's facilities for the purpose of conducting an environmental audit of such facilities as Lender may deem necessary.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enamelon Inc), Cytogen Corporation Loan and Security Agreement (Cytogen Corp)

Environmental Audits. From time to time, but not more frequently than semi-annually (provided Borrower is not in default) as requested by Lender, at the sole expense of Borrower, Borrower shall provide Lender, or its designee, complete access to all of Borrower's facilities for the purpose of conducting an environmental audit of such facilities as Lender may deem necessary.

Appears in 1 contract

Samples: Loan and Security Agreement (Xetel Corp)

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Environmental Audits. From time to time, but not no more frequently than semi-annually (provided Borrower no Event of Default is not in default) existence), as requested by Lender, at the sole expense of Borrower, Borrower shall provide Lender, or its designee, complete access to all of Borrower's facilities for the purpose of conducting an environmental audit of such facilities as Lender may deem necessary.

Appears in 1 contract

Samples: Loan and Security Agreement (Ohio Art Co)

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