Common use of Administration of Accounts Clause in Contracts

Administration of Accounts. Each Obligor shall keep accurate and complete records of its Accounts, including all payments and collections thereon, and shall submit to Collateral Agent, on such periodic basis as Collateral Agent may request, an Account roll-forward, a sales and collections report, in form reasonably satisfactory to Collateral Agent. Borrower Representative shall also provide to Collateral Agent a summary aged trial balance of all Accounts as of the end of the preceding Fiscal Month, and as Collateral Agent may reasonably request, information related to Accounts, including Account’s Account Debtor name and address, amount, invoice date and due date, showing any discount, allowance, credit, authorized return or dispute, and including such proof of delivery, copies of invoices and invoice registers, copies of related documents, repayment histories, status reports and other information.