Assembly of Documents. The Transferor will, or will cause the --------------------- Collection Agent to, at the Administrative Agent's request following the occurrence of a Trigger Event or Potential Trigger Event, (A) assemble all documents, instruments and other records (including, without limitation, computer tapes and disks) which evidence or relate to the Receivables, and the Related Contracts and Related Security, or which are otherwise necessary or desirable to collect the Receivables, and make the same available to the Administrative Agent at a place selected by the Administrative Agent or its designee, and (B) segregate all cash, checks and other instruments received by it or the Collection Agent from time to time constituting Collections of Receivables in a manner acceptable to the Administrative Agent and shall, promptly upon receipt, remit all such cash, checks and instruments, duly endorsed or with duly executed instruments of transfer, to the Administrative Agent or its designee.
Appears in 3 contracts
Samples: Receivables Transfer Agreement (Ios Capital Inc), Receivables Transfer Agreement (Ios Capital Inc), Receivables Transfer Agreement (Ikon Office Solutions Inc)
Assembly of Documents. The Transferor will, or will cause the --------------------- Collection Agent to, at the Administrative Agent's request following the occurrence of a Trigger Event, a Potential Trigger Event, a Servicer Termination Event or a Potential Trigger Servicer Termination Event, (A) assemble all documents, instruments and other records (including, without limitation, computer tapes and disks) which evidence or relate to the Receivables, and the Related Contracts and Related Security, or which are otherwise necessary or desirable to collect the Receivables, and make the same available to the Administrative Agent at a place selected by the Administrative Agent or its designee, and (B) segregate all cash, checks and other instruments received by it or the Collection Agent from time to time constituting Collections of Receivables in a manner acceptable to the Administrative Agent and shall, promptly upon receipt, remit all such cash, checks and instruments, duly endorsed or with duly executed instruments of transfer, to the Administrative Agent or its designee.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Ikon Office Solutions Inc)