Common use of Real Estate Appraisals Clause in Contracts

Real Estate Appraisals. Each Borrower shall, and shall cause each of its Subsidiaries to, permit any authorized representatives designated by Administrative Agent, upon reasonable notice, to visit and inspect any Additional Mortgaged Property for the purpose of obtaining an appraisal of value, conducted by consultants retained by Administrative Agent in compliance with all applicable banking regulations, with respect to such Covered Real Property Asset.

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Goss Holdings Inc), Multicurrency Credit Agreement (Goss Graphic Systems Inc)

AutoNDA by SimpleDocs

Real Estate Appraisals. Each Borrower shall, and shall cause each of its Subsidiaries to, permit any authorized representatives designated by Administrative any Agent, upon reasonable notice, to visit and inspect any Additional Mortgaged Property for the purpose of obtaining an appraisal of value, conducted by consultants retained by Administrative such Agent in compliance with all applicable banking regulations, with respect to such Covered Real Property Asset.

Appears in 2 contracts

Samples: Credit Agreement (Goss Graphic Systems Inc), Credit Agreement (Goss Graphic Systems Inc)

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