Common use of Assignments, Records and Schedules of Accounts Clause in Contracts

Assignments, Records and Schedules of Accounts. Pledgor shall keep accurate and complete records of its Accounts ("Account Records") and, upon Secured Party's request from time to time at intervals acceptable to Secured Party, Pledgor shall reasonably provide Secured Party and each Lender with a Schedule of Accounts in form and substance reasonably acceptable to the Secured Party describing all Accounts created or acquired by such Pledgor ("Schedule of Accounts") and shall at the request of Secured Party execute and deliver further written assignments of such Accounts to Secured Party; provided however, that Pledgor's failure to execute and deliver any such Schedule of Accounts or assignments shall not affect or limit Secured Party's security interest or other rights in and to any Accounts. If requested by Secured Party, Pledgor shall furnish Secured Party with copies of proof of delivery of invoices and the original copy of all documents, including, without limitation, repayment histories and present status reports, relating to the Accounts so scheduled (collectively, "Account Documents") and such other matter and information relating to the status of then existing Accounts as Secured Party shall reasonably request.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp), Pledge and Security Agreement (Vitas Healthcare Corp)

AutoNDA by SimpleDocs

Assignments, Records and Schedules of Accounts. Pledgor Borrower shall keep accurate and complete records of its Accounts ("Account Records") and, upon Secured Party's request from time to time at intervals acceptable to Secured Party, Pledgor Borrower shall reasonably provide Secured Party and each Lender with a Schedule of Accounts in form and substance reasonably acceptable to the Secured Party describing all Accounts created or acquired by such Pledgor Borrower ("Schedule of Accounts") and shall at the request of Secured Party execute and deliver further written assignments of such Accounts to Secured Party; provided however, that PledgorBorrower's failure to execute and deliver any such Schedule of Accounts or assignments shall not affect or limit Secured Party's security interest or other rights in and to any Accounts. If requested by Secured Party, Pledgor Borrower shall furnish Secured Party with copies of proof of delivery of invoices and the original copy of all documents, including, without limitation, repayment histories and present status reports, relating to the Accounts so scheduled (collectively, "Account Documents") and such other matter and information relating to the status of then existing Accounts as Secured Party shall reasonably request.

Appears in 1 contract

Samples: Pledge and Security Agreement (Vitas Healthcare Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!