Common use of Administrative and Operating Procedures Clause in Contracts

Administrative and Operating Procedures. Each Debtor will maintain and implement administrative and operating procedures (including without limitation an ability to recreate records relating to the Dealer Agreements, Dealer Loans, Installment Contracts and Leases encumbered hereby in the event of the destruction of the originals thereof), and keep and maintain, or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all amounts due under the Dealer Agreements, Dealer Loans, Installment Contracts and Leases encumbered hereby (including without limitation records adequate to permit adjustments to amounts due under each of such Dealer Agreements, Dealer Loans, Installment Contracts and Leases). Each Debtor will give the Collateral Agent notice of any material change in the administrative and operating procedures of such Debtor referred to in the previous sentence. Notwithstanding the foregoing, the Debtors shall not be required to make or retain duplicate copies of Installment Contracts or Leases.

Administrative and Operating Procedures. Each The Debtor will maintain and implement administrative and operating procedures (including without limitation an ability to recreate records relating to the Dealer Agreements, Dealer LoansAdvances to Dealers, Installment Contracts and Leases encumbered hereby in the event of the destruction of the originals thereof), and keep and maintain, or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all amounts due under the Dealer Agreements, Dealer LoansAdvances to Dealers, Installment Contracts and Leases encumbered hereby (including without limitation records adequate to permit adjustments to amounts due under each of such Dealer Agreements, Dealer LoansAdvances to Dealers, Installment Contracts and Leases). Each The Debtor will give the Collateral Agent notice of any material change in the administrative and operating procedures of such the Debtor referred to in the previous sentence. Notwithstanding the foregoing, the Debtors Debtor shall not be required to make or retain duplicate copies of Installment Contracts or Leases.

Administrative and Operating Procedures. Each The Debtor will maintain and implement administrative and operating procedures (including without limitation an ability to recreate records relating to the Dealer Agreements, Dealer Loans, Advances to Dealers and Installment Contracts and Leases encumbered hereby in the event of the destruction of the originals thereof), and keep and maintain, or obtain, as and when required, all documents, books, records and other information reasonably necessary or advisable for the collection of all amounts due under the Dealer Agreements, Dealer Loans, Advances to Dealers and Installment Contracts and Leases encumbered hereby (including without limitation records adequate to permit adjustments to amounts due under each of such Dealer Agreements, Dealer Loans, Advances to Dealers and Installment Contracts and LeasesContracts). Each The Debtor will give the Collateral Agent notice of any material change in the administrative and operating procedures of such the Debtor referred to in the previous sentence. Notwithstanding the foregoing, the Debtors Debtor shall not be required to make or retain duplicate copies of Installment Contracts or LeasesContracts.