AFFIRMATIVE COVENANTS BY CLIENT. Client covenants and agrees that, from the date hereof and until termination of this Agreement and payment in full of all Accepted Accounts to Factor, Client will:
AFFIRMATIVE COVENANTS BY CLIENT. Client covenants and agrees that, from the date hereof and until termination of this Agreement and performance of all of the Obligations hereunder, Client will, unless otherwise agreed to in writing by Purchaser:
AFFIRMATIVE COVENANTS BY CLIENT. Client covenants and agrees that, from the date hereof and until termination of this Agreement and performance of all of Client's obligations hereunder, Client will, unless agreed to in writing by BANK or Servicing Agent: 5.01 Promptly, from time to time, permit BANK or Servicing Agent to inspect its books and records, at reasonable business hours, and make copies or abstracts thereof, and furnish such other information regarding its operations, assets, business, affairs and financial condition, as BANK may request. 5.02 Promptly notify Servicing Agent or BANK of any development which would materially adversely affect the business of Client, its properties or affairs or the ability of Client to perform its obligations under this Agreement, or any other document delivered in connection herewith. 5.03 Promptly advise Servicing Agent of any material adverse change in Client's condition, financial or otherwise, and of the occurrence of any Event of Default by Client as defined in Article VIII hereof, and of the occurrence of any event which upon notice or lapse of time, or both, would constitute such an Event of Default. 5.04 Maintain a standard system of accounting in accordance with generally accepted accounting principles on a consistent basis. 5.05 Maintain insurance coverage, against loss or damage to Client's property. 5.06 Pay all taxes or fees in relation to the Accounts, goods sold or services rendered and pay all taxes which if unpaid would give rise to a lien or priority claim by any taxing authority. Client further covenants and agrees to pay BANK for periodic tax lien searches not more often than monthly which searches may be done at BANK's sole discretion. 5.07 Hold in trust and safekeeping, and immediately turn over to Servicing Agent any payment on an Account purchased by BANK whenever such payment, whether cash, check (payable to Client, BANK or both), money order or other form of payment, comes into Client's possession. 5.08 Hold in trust and safekeeping , and immediately deliver to Servicing Agent, all goods giving rise to Accounts purchased by BANK which are returned or rejected by, or repossessed from Customer(s). Client shall not intermingle such goods with Client's other property, as the same are the sole and separate property of BANK . 5.09 Upon the sale of any of its Accounts to BANK, Client will immediately make proper entries on its books and records disclosing the sale of such Accounts to BANK .
