FIELD EXAM

Example Definitions of "FIELD EXAM"
FIELD EXAM. A report of an independent collateral auditor with respect to the Borrowers' accounting with respect to accounts receivable (including, to the extent required by the Agent, verification with respect to the amount, aging, identity and credit of the Borrowers' account debtors and the billing practices of the Borrowers and their Subsidiaries) and inventory (including, to the extent required by the Agent, verification as to the value, location and type) of the Borrowers and their Subsidiaries
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