Books and Records; Other Information. (i) Each of CPS and the Issuer shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time the status of such Receivable, including payments and recoveries made and payments owing (and the nature of each). CPS shall maintain accurate and complete books and records with respect to the Receivables and the Other Conveyed Property and with respect to CPS's business. The Issuer shall maintain accurate and complete books and records with respect to the Collateral and the Issuer's business. All accounting books and records shall be maintained in accordance with GAAP.
Appears in 3 contracts
Samples: Note Purchase Agreement (Consumer Portfolio Services Inc), Note Purchase Agreement (Consumer Portfolio Services Inc), Note Purchase Agreement (Consumer Portfolio Services Inc)
Books and Records; Other Information. (i) Each of CPS and the Issuer Borrower shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time the status of such Receivable, including payments and recoveries made and payments owing (and the nature of each). CPS shall maintain accurate and complete books and records with respect to the Receivables and the Other Conveyed Property and with respect to CPS's ’s business. The Issuer Borrower shall maintain accurate and complete books and records with respect to the Collateral and the Issuer's Borrower’s business. All accounting books and records shall be maintained in accordance with GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Consumer Portfolio Services Inc), Credit Agreement (Consumer Portfolio Services Inc)
Books and Records; Other Information. (i) Each of CPS and the Issuer shall maintain accounts and records as to each Receivable of the Pledged Residual Interest Certificates accurately and in sufficient detail to permit the reader thereof to know at any time the status of such ReceivablePledged Residual Interest Certificate, including payments and recoveries all distributions made and payments owing (and the nature in respect of each)such Pledged Residual Interest Certificate. CPS shall maintain accurate and complete books and records with respect to the Receivables and the Other Conveyed Property Pledged Residual Interest Certificates and with respect to CPS's business. The Issuer shall maintain accurate and complete books and records with respect to the Collateral and the Issuer's business. All accounting books and records shall be maintained in accordance with GAAP.
Appears in 1 contract
Samples: Note Purchase Agreement (Consumer Portfolio Services Inc)
Books and Records; Other Information. (i) Each of CPS and the Issuer shall maintain accounts and records as to each Receivable accurately and in sufficient detail to permit the reader thereof to know at any time the status of such Receivable, including payments and recoveries made and payments owing (and the nature of each). CPS shall maintain accurate and complete books and records with respect to the Receivables and the Other Conveyed Property and with respect to CPS's ’s business. The Issuer shall maintain accurate and complete books and records with respect to the Collateral and the Issuer's ’s business. All accounting books and records shall be maintained in accordance with GAAP.
Appears in 1 contract
Samples: Note Purchase Agreement (Consumer Portfolio Services Inc)