Common use of Accounting Adjustments Clause in Contracts

Accounting Adjustments. (a) The Collateral Agent and each Creditor agrees to render an accounting to any of the others of the amounts of the outstanding Obligations, receipts of payments from the Grantors or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections as hereinbefore provided in this Agreement.

Appears in 4 contracts

Samples: Pledge Agreement (Graco Inc), Pledge Agreement (Graco Inc), Pledge Agreement (Graco Inc)

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Accounting Adjustments. (a) The Collateral Agent, the Agent and each Creditor Lender agrees to render at any time an accounting to any of the others of the amounts of the outstanding ObligationsSenior Indebtedness, receipts of payments from the Grantors Obligors or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others other Lenders as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (American Biltrite Inc), Intercreditor and Collateral Agency Agreement (American Biltrite Inc)

Accounting Adjustments. (a) The Collateral Agent and each other Secured Creditor agrees to render an accounting to any of the others of the amounts of the outstanding Secured Obligations, receipts of payments from the Grantors Loan Parties or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement (Granite Construction Inc), Intercreditor and Collateral Agency Agreement (Granite Construction Inc)

Accounting Adjustments. (a) The Collateral Agent and each Creditor agrees to render an accounting to any of the others of the amounts of the outstanding Obligations, receipts of payments from the Grantors or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections as hereinbefore provided in this Agreement.. Exh. H‑15

Appears in 1 contract

Samples: Credit Agreement (Graco Inc)

Accounting Adjustments. (a) The Collateral Agent, the Bank Agent and each Creditor Senior Lender agrees to render an accounting to any of the others of the amounts of the outstanding ObligationsSenior Indebtedness, receipts of payments from the Grantors Loan Parties or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Winmark Corp)

Accounting Adjustments. (a) The a)The Collateral Agent, the Bank Agent and each Creditor Senior Lender agrees to render an accounting to any of the others of the amounts of the outstanding ObligationsSenior Indebtedness, receipts of payments from the Grantors Loan Parties or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Winmark Corp)

Accounting Adjustments. (a) The Collateral Agent and each Creditor agrees to render an accounting to any of the others of the amounts of the outstanding Obligations, receipts of payments from the Grantors or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections as hereinbefore provided in this Agreement.. Exh. A-14 Exhibit 10.2

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement

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Accounting Adjustments. (a) The Collateral Agent, the Bank Agent and each Creditor Senior Lender agrees to render an accounting to any of the others of the amounts of the outstanding ObligationsSenior Indebtedness, receipts of payments from the Grantors Loan Parties or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Epr Properties)

Accounting Adjustments. (a) The Collateral Agent and each Creditor Lender agrees to render at any time an accounting to any of the others of the amounts of the outstanding ObligationsSenior Indebtedness, receipts of any other payments from the Grantors Obligors or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others other Lenders as soon as reasonably practicable after such request, giving effect to the application of payments and collections the proceeds of Collateral as hereinbefore provided in this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Quaker Fabric Corp /De/)

Accounting Adjustments. (a) The Collateral Agent and each Creditor Investor agrees to render an accounting to any of the others of the amounts of the outstanding Company Obligations, receipts of payments from the Grantors Company or from the Collateral and of other items relevant to the provisions of this Agreement upon the reasonable request from one of the others as soon as reasonably practicable after such request, giving effect to the application of payments and collections as hereinbefore provided in this Agreement.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (PogoTec, Inc.)

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