Field Examinations. The Administrative Agent shall have received field examinations of the Loan Parties’ accounts receivable, inventory and equipment and appraisals of all or such portions of the Loan Parties’ assets the Administrative Agent may deem appropriate, which field examinations and appraisals shall be satisfactory in form and substance to the Administrative Agent.
Appears in 4 contracts
Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)
Field Examinations. The Administrative Agent or its designee shall have received conducted a field examinations examination of the Loan Parties’ accounts receivableAccounts and related working capital matters and of related data processing and other systems, inventory and equipment and appraisals the results of all or such portions of the Loan Parties’ assets the Administrative Agent may deem appropriate, which field examinations and appraisals shall be satisfactory in form and substance to the Administrative Agent. It is understood and agreed that such field examination has been completed.
Appears in 1 contract
