Extract to table

Upon the occurrence and during the continuance of any Event of Default, all outstanding obligations under the Facility shall bear interest at a rate equal to 200 basis points (2

A cash dominion period (during which proceeds swept into controlled deposit accounts must be applied to reduce outstanding revolving loans) is triggered when (i) Availability falls below $37,500,000 (representing 12

An inventory appraisal must be conducted annually at the Co-Borrowers' expense by an appraiser acceptable to the Administrative Agent

A field examination of the Co-Borrowers' books, records, and collateral must be conducted annually at the Co-Borrowers' expense by a firm acceptable to the Administrative Agent

Intercompany Documentation An intercompany note or notes evidencing any intercompany loans from any Loan Party to Cascade Retail Canada ULC (the excluded foreign subsidiary) must be prepared and delivered to the Collateral Agent

Pursuant to the Credit Agreement and the Security Agreement, all intercompany notes are required to be pledged to the Collateral Agent and must contain customary subordination provisions subordinating the intercompany obligations to the obligations under the Facility