Common use of ADDITIONAL OPTIONAL REQUIREMENTS Clause in Contracts

ADDITIONAL OPTIONAL REQUIREMENTS. The Pledgor agrees that the Agent may at its option at any time: (a) Require the Pledgor to deliver to the Agent (i) copies of or extracts from the Books and Records, and (ii) information, as Agent reasonably requests, concerning any material contracts or other matters affecting the Collateral. (b) Examine the Collateral, including the Books and Records, and make copies of or extracts from the Books and Records, and for such purposes enter at any reasonable time upon the property where any Collateral or any Books and Records are located. (c) Require the Pledgor to deliver to the Agent any instruments or chattel paper which are part of the Collateral to the extent required therefor pursuant to Section 3(h). (d) If an Event of Default has occurred and is continuing, notify any account debtors, any buyers of the Collateral, or any other persons of the Agent's and the Lenders' interest in the Collateral.