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

Assignments, Records and Schedules of Accounts. The Grantor shall keep accurate and complete records of its accounts ("Account Records") and from time to time at intervals designated by the Secured Parties the Grantor shall provide the Secured Parties with a schedule of accounts in form and substance acceptable to the Secured Parties describing all accounts created or acquired by the Grantor ("Schedule of Accounts"); provided, however, that the Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Parties' security interest or other rights in and to any accounts. If requested by the Secured Parties, the Grantor shall furnish the Secured Parties with copies of proof of delivery and other documents relating to the accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing accounts as the Secured Parties shall request. The Grantor shall not remove any Account Records or Account Documents or change its chief executive offices from 0000 Xxxxxxxx Xxxxxx, 0xx Xxxxx Xxxxxxx, XX, Xxxxxx X0X 0X0 (the "Chief Executive Office") hereto without 30 days prior written notice to the Secured Parties as provided in Section 21 hereof and delivery to the Secured Parties by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary to maintain the security interests granted hereunder.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Merlin Software Technologies International Inc)

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Assignments, Records and Schedules of Accounts. The Grantor shall keep accurate and complete records of its accounts ("Account Records") and from time to time at intervals designated by the Secured Parties the Grantor shall provide the Secured Parties with a schedule of accounts in form and substance acceptable to the Secured Parties describing all accounts created or acquired by the Grantor ("Schedule of Accounts"); provided, however, that the Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Parties' security interest or other rights in and to any accounts. If requested by the Secured Parties, the Grantor shall furnish the Secured Parties with copies of proof of delivery and other documents relating to the accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing accounts as the Secured Parties shall request. The Grantor shall not remove any Account Records or Account Documents or change its chief executive offices from Central Place, 0000 Xxxxxxxx Xxxxxx, 0xx Xxxxx Xxxxx, Xxxxxxx, XXXxxxxxx Xxxxxxxx, Xxxxxx X0X 0X0 (the "Chief Executive Office") hereto without 30 days prior written notice to the Secured Parties as provided in Section 21 hereof and delivery to the Secured Parties by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary to maintain the security interests granted hereunder.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Merlin Software Technologies International Inc)

Assignments, Records and Schedules of Accounts. The Grantor shall keep accurate and complete records of its accounts Accounts ("Account Records") and from time to time at intervals designated by the Secured Parties the Grantor shall provide the Secured Parties with a schedule of accounts Accounts in form and substance acceptable to the Secured Parties describing all accounts Accounts created or acquired by the Grantor ("Schedule of Accounts"); provided, however, that the Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Parties' security interest or other rights in and to any accountsAccounts. If requested by the Secured Parties, the Grantor shall furnish the Secured Parties with copies of proof of delivery and other documents relating to the accounts Accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing accounts Accounts as the Secured Parties shall request. The Grantor shall not remove any Account Records or Account Documents or change its chief executive offices from Suite 400-0000 Xxxxxxxx XxxxxxXxxxxxx Street, 0xx Xxxxx XxxxxxxBurnaby, XXBritish Columbia, Xxxxxx X0X 0X0 Canada V5G 4E1 (the "Chief Executive Office") hereto without 30 days prior written notice to the Secured Parties as provided in Section 21 hereof and delivery to the Secured Parties by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary to maintain the security interests granted hereunder.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Merlin Software Technologies International Inc)

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Assignments, Records and Schedules of Accounts. The Grantor shall keep accurate and complete records of its accounts Accounts ("Account Records") and from time to time at intervals designated by the Secured Parties the Grantor shall provide the Secured Parties with a schedule of accounts Accounts in form and substance acceptable to the Secured Parties describing all accounts Accounts created or acquired by the Grantor ("Schedule of Accounts"); provided, however, that the Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Parties' security interest or other rights in and to any accountsAccounts. If requested by the Secured Parties, the Grantor shall furnish the Secured Parties with copies of proof of delivery and other documents relating to the accounts Accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing accounts Accounts as the Secured Parties shall request. The Grantor shall not remove any Account Records or Account Documents or change its chief executive offices from Suite 000-0000 Xxxxxxxx XxxxxxXxxxxxx Street, 0xx Xxxxx XxxxxxxBurnaby, XXBritish Columbia, Xxxxxx X0X 0X0 Canada V5G 4E1 (the "Chief Executive Office") hereto without 30 days prior written notice to the Secured Parties as provided in Section 21 hereof and delivery to the Secured Parties by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary to maintain the security interests granted hereunder.

Appears in 1 contract

Samples: Security Agreement (Merlin Software Technologies International Inc)

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