Keeping and Marking of Records and Books. (i) Such Transferor will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Transferor will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 5 contracts
Samples: Receivables Sale Agreement (WestRock Co), Receivables Sale Agreement (WestRock Co), Receivables Sale Agreement (Rock-Tenn CO)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement, Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement (Patterson Companies, Inc.)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or and its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records xxxords relating to the Receivables with a legend, acceptable to Buyer (or and its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the reasonable request of Buyer (or its assigns): ) following the occurrence of a Termination Event, (x) xxxx mark each Contract with a legend describing Buyer’s ownership interests 's ownershxx xnterests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Pennsylvania Power Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co)
Keeping and Marking of Records and Books. (i) Such Transferor will maintain and implement administrative and operating procedures (including, without limitation, including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, including records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns)Buyer, describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): Buyer: (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to such Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc)
Keeping and Marking of Records and Books. (i) Such Transferor ASP will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor ASP will give Buyer (or and the Agent, as its assignsassignee) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor ASP will (A) on or prior to the date hereofEffective Date, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and the Agent, as its assignsassignee), describing Buyer’s ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or the Agent, as its assigns): assignee) and when a Termination Event is in existence: (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or the Agent, as its assignsassignee) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Samples: Receivables Sale and Contribution Agreement (Acuity Brands Inc)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating including aged trial balance with respect to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest in the Receivable of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): ) made at any time when a Termination Event has occurred and is continuing: (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor Originator and further describing the interest security interests in the Receivable of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
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Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records relating rxxxxing to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ) after a Termination Event or an Amortization Event under the Purchase Agreement has occurred and is continuing, (x) xxxx mark each Contract with a legend describing Buyer’s 's ownership interests in interesxx xn the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) Contract relating to such the Receivables.
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Keeping and Marking of Records and Books. (i) Such Transferor Seller will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Seller will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Seller will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating including aged trial balance with respect to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest in the Receivable of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): ) made at any time when a Termination Event has occurred and is continuing: (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest security interests in the Receivable of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
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Keeping and Marking of Records and Books. (i) Such Transferor Original Seller will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Original Seller will give Buyer Interface (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Original Seller will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records xxxords relating to the Receivables of such Original Seller with a legend, acceptable to Buyer Interface (or its assigns), describing Buyer’s Interface's and SPV's ownership interests in the Receivables and further describing the security interest of the Administrative Agent Administrator (on behalf of the LendersLender and its assigns) under the Credit and Security Loan Agreement and (B) upon the request of Buyer Interface (or its assigns): (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, (x) mark each Contract with a legend describing Interface's and XXX's ownership interests in the Receivables of such Original Seller and further describing the security interest of the Administrator (on behalf of Lender) and (y) deliver to Buyer Interface (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor . Originator will (A) on or prior to the date hereofClosing Date, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest of the Administrative Agent Administrator (on behalf of the LendersSecured Parties) under the Credit and Security Loan Agreement and (B) upon the request of Buyer (or its assigns): (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor from and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event: (x) xxxx each invoice evidencing any Receivable with a legend describing Buyer's ownership thereof and further describing the security interest of Administrator (on behalf of Lender and its assigns) and (y) at any time after Originator (or one of its Affiliates) is no longer acting as Servicer, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereofEffective Date, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Receivables Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (American Commercial Lines LLC)
Keeping and Marking of Records and Books. (i) Such Transferor It will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor It will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor It will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records rexxxxs relating to the Receivables with a legend, reasonably acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersSecured Parties) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ):
(x1) xxxx mark each Contract with a legend describing Buyer’s 's ownership interests xxxxrests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersSecured Parties) and (y2) after the occurrence of a Termination Event, deliver assemble and make available to Buyer (or its assigns) at its sole expense all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx its mark xxx master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx each mark xxxh Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain (or will cause the Custodian to keep and maintain) all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, including records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (Aa) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (Bb) upon the request of Buyer (or its assigns): ), (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer the Custodian all Receivable Documents (or its assigns) all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records relating rxxxxing to the Receivables originated by such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ) following the occurrence of a Termination Event: (x) xxxx mark each Contract with a legend describing Buyer’s 's ownership interests in interesxx xn the Receivables originated by such Transferor Originator and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing the Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other xxxxr books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) after the occurrence of an Amortization Event that has not been waived in accordance with the terms hereof, upon the request of Buyer (or its assigns): ), (x) xxxx mark each Contract with a legend describing Buyer’s Xxxxr's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor The Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor The Originator will give the Buyer (or and its assigns) assignees notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor The Originator will (Aa) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to the Buyer (or and its assigns)assignees, describing Buyer’s the ownership interests in interest of the Receivables Buyer therein and further describing the interest interests of the Administrative Agent (on behalf any of the Lenders) its assignees under the Credit and Security Agreement any Permitted Financing, and (Bb) upon the request of the Buyer (or its assigns): assignees following a Sub-Servicer Default:
(x1) xxxx each Contract (other than sales receipts) with a legend describing Buyer’s the ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf Buyer and the interests of the Lenders) any of its assignees under any Permitted Financing and (y2) after the occurrence of a Termination Event, deliver to the Buyer (or its assigns) assignees all Contracts (including, without limitation, all multiple originals in the Originator's possession of any such ContractContract which constitutes an instrument, a letter of credit or chattel paper) relating to such the Receivables.
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Keeping and Marking of Records and Books. (i) Such Transferor will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): (x) xxxx mark each Contract with a legend describing BuyerXxxxx’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence and continuance of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Samples: Omnibus Amendment (WestRock Co)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx mark each Contract with a legend describing BuyerXxxxx’s ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (Patterson Companies, Inc.)
Keeping and Marking of Records and Books. (i) Such Transferor The Parent will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor The Parent will give Buyer the SPV (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor The Parent will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer the SPV (or its assigns), describing Buyer’s the SPV's ownership interests in the Receivables and further describing the security interest of the Administrative Agent (on behalf of the LendersSecured Parties) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer the SPV (or its assigns): ) following the occurrence of an Amortization Event: (x1) xxxx each Contract with a legend describing Buyer’s the SPV's ownership interests in the Receivables originated by such Transferor the Parent and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersSecured Parties) and (y2) after the occurrence of a any Termination Event, deliver to Buyer the SPV (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Samples: Receivables Contribution Agreement (Thomas & Betts Corp)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx mark its master data processing records and other books and records rexxxxs relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement LFA and (B) upon the request of Buyer (or its assigns): ) following the occurrence and during the continuance of a Termination Event, (x) xxxx mark each Contract with a legend describing Buyer’s 's ownership interests xxxxrests in the Receivables originated by such Transferor and further describing the security interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor Originator will give Buyer (or and its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (Lennox International Inc)
Keeping and Marking of Records and Books. (i) Such Transferor ALG will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor ALG will give Buyer (or and the Agent, as its assignsassignee) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor ALG will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and the Agent, as its assignsassignee), describing Buyer’s ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or the Agent, as its assigns): assignee) and when a Termination Event is in existence: (x) xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or the Agent, as its assignsassignee) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Samples: Receivables Sale and Contribution Agreement (Acuity Brands Inc)
Keeping and Marking of Records and Books. (i) Such Transferor It will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Transferor It will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor It will (A) on or prior to the date hereofInitial Cutoff Date, xxxx mark its master data processing procexxxxg records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Investor Interests of the Administrative Deal Agent (on behalf of the LendersInvestors) under the Credit and Security Purchase Agreement and (B) when a Termination Event or an Amortization Event exists, upon the request of Buyer (or its assigns): (x) xxxx ), mark each Contract with a legend describing dexxxxbing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Investor Interests of the Administrative Deal Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such ReceivablesInvestors).
Appears in 1 contract