Common use of Keeping and Marking of Records and Books Clause in Contracts

Keeping and Marking of Records and Books. (i) The 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). The Seller will give the Agent and each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Bon Ton Stores Inc), Receivables Purchase Agreement (Bon Ton Stores Inc)

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Keeping and Marking of Records and Books. (i) The Such 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). The Such Seller will give the Agent and each Managing Agent Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Bowater Inc), Receivables Sale Agreement (Bowater Inc)

Keeping and Marking of Records and Books. (i) The 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). The Seller will give the Agent and each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Bon Ton Stores Inc), Receivables Purchase Agreement (Bon Ton Stores Inc)

Keeping and Marking of Records and Books. (i) The 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). The Seller will give the Agent and each Managing Agent Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Tenneco Inc), Receivables Sale Agreement (Equifax Inc)

Keeping and Marking of Records and Books. (i) The 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 ReceivableReceivable sold or contributed by it). The Seller will give the Agent and each Managing Agent Purchaser (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Sale Agreement (Choicepoint Inc)

Keeping and Marking of Records and Books. (i) The Such 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). The Such Seller will give the Agent and each Managing Agent Purchaser notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Note Purchase Agreement (Bon Ton Stores Inc)

Keeping and Marking of Records and Books. (i) The Such Seller will shall 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). The Such Seller will shall give the Agent and each Managing Agent Purchaser notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Startec Global Communications Corp)

Keeping and Marking of Records and Books. (i) The Such 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). The Such Original Seller will give the Agent and each Managing Agent Interface (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Interface Inc)

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Keeping and Marking of Records and Books. (i) The Such 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). The Such Original Seller will give the Agent and each Managing Agent Originator (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Interface Inc)

Keeping and Marking of Records and Books. (i) The Each of the Seller Parties will maintain establish 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). The Each of the Seller Parties will give the Agent and each Managing Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Eastman Chemical Co)

Keeping and Marking of Records and Books. (i) The Seller will maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables the Purchased Loans 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 Purchased Loans (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections collections of and adjustments to each existing ReceivableLoan). The Seller will give the Agent Purchaser and each Managing the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (PMC Commercial Trust /Tx)

Keeping and Marking of Records and Books. (i) The Each of the Seller Parties will maintain establish 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). The Each of the Seller Parties will give the Agent and each Managing Agent Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Eastman Chemical Co)

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