Invoices, Etc. On the Lender's request therefor, each Borrower shall furnish to the Lender copies of invoices to customers and shipping and delivery receipts or warehouse receipts thereof. Each Borrower shall deliver to the Lender (i) the originals of all letters of credit, notes, and instruments in its favor, in each case in an amount greater than $25,000, (ii) such endorsements or assignments related thereto as the Lender may reasonably request and (iii) the written consent of the issuer of any letter of credit to the assignment of the proceeds of such letter of credit by such Borrower to the Lender.
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Samples: Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp), Loan and Security Agreement (Del Global Technologies Corp)
Invoices, Etc. On the Lender's ’s request therefor, each the Borrower shall furnish to the Lender copies of invoices to customers and shipping and delivery receipts or warehouse receipts thereof. Each The Borrower shall deliver to the Lender (i) the originals of all letters of credit, notes, and instruments in its favor, in each case in an amount greater than $25,000, (ii) such endorsements or assignments related thereto as the Lender may reasonably request and (iii) the written consent of the issuer of any letter of credit to the assignment of the proceeds of such letter of credit by such the Borrower to the Lender.
Appears in 1 contract
Samples: Loan and Security Agreement (Grand Toys International LTD)