Keeping and Marking of Records and Books. (i) 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 timely identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) 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 its assigns), describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer or the Agent, (x) at any time, following the occurrence of a Termination Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI as Servicer, deliver to Buyer or, if so directed by Buyer, the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement, Receivables Sale Agreement (Johnsondiversey Holdings Inc), Receivables Sale Agreement (Johnsondiversey Inc)
Keeping and Marking of Records and Books. (i) 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 and the performance of the Originator’s duties under the Transaction Documents and the Servicing Agreement (including, without limitation, (A) records adequate to permit the timely immediate identification of each new Receivable and all Collections of and adjustments to each existing ReceivableReceivable and (B) the performance of the calculations and allocations required by the Intercreditor Agreement and the Servicing Agreement). 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) 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 ownership interests in the Receivables and further describing the Purchaser Interests of the Administrative Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer or the Agent, (x) at any time, following time after the occurrence of a Termination Event, at which upon the Agent is considering the termination of JDI as Servicer for purposes request of the Purchase Agreement, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI as ServicerAdministrative Agent, deliver to Buyer or, if so (or its assigns as directed by Buyer, the Agent Administrative Agent) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables, provided, that the requirements of this clause (B) shall apply solely to any Contract consisting of or evidenced by an instrument or chattel paper.
Appears in 2 contracts
Samples: Receivables Sale Agreement (CMS Energy Corp), Receivables Sale Agreement (CMS Energy Corp)
Keeping and Marking of Records and Books. (i) 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) Originator will (A) on or prior to the date hereofInitial Sale 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 Purchaser Receivable Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer (or the Agent, (xits assigns) at any time, following the occurrence of a Termination Event or an Amortization Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, : (x) xxxx each Contract constituting an instrument, chattel paper, a negotiable document, a letter of credit or a certificated security (each as defined in the UCC) with a legend describing Buyer’s 's ownership interests in the Receivables and further describing the Purchaser Receivable Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI as Servicer, deliver to Buyer or, if so directed by Buyer, the Agent (or its assigns) all such Contracts (including, without limitationif applicable, all multiple originals of any such Contract) relating to the Receivables).
Appears in 2 contracts
Samples: Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Adc Telecommunications Inc)
Keeping and Marking of Records and Books. (i) 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 timely identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) Originator will 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 Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer or the Agent, (x) at any time, following the occurrence of a Termination an Amortization Event, at which the Agent is considering the termination of JDI Buyer as Servicer or Originator as Sub-Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI Buyer as Servicer or any Originator as Sub-Servicer, deliver to Buyer or, if so directed by Buyer, or the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Johnsondiversey Holdings Inc), Receivables Sale Agreement (Johnsondiversey Inc)
Keeping and Marking of Records and Books. (i) 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Originator will give Buyer (or its assigns) Buyer, the Agent and each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) 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 its assigns)and the Agent, describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Managing Agents and the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer or the AgentAgent (with the consent or at the direction of the Required Financial Institutions) after the occurrence and during the continuation of a Termination Event or an Amortization Event under the Purchase Agreement, (x) at any time, following the occurrence of a Termination Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Managing Agents and the Purchasers) and (y) after the termination of JDI as Servicer, deliver to Buyer or, if so directed by Buyer, (or the Agent as Buyer’s assignee) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Timken Co), Receivables Sale Agreement (Timken Co)
Keeping and Marking of Records and Books. (i) 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 timely identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) 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 its assigns), describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer (or the Agentits assigns), (x) at any time, following the occurrence of a Termination an Amortization Event, at which the Agent is considering the termination of JDI Seller as Servicer for purposes of the Purchase AgreementServicer, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI the Buyer as Servicer or any Originator as Sub-Servicer, deliver to Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Johnson Polymer Inc), Receivables Sale Agreement (Johnson Polymer Inc)
Keeping and Marking of Records and Books. (i) 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 timely identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Originator will give Buyer (or its assigns) and the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) 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 its assigns), describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer or the Agent, (x) at any time, following the occurrence of a Termination an Amortization Event, at which the Agent is considering the termination of JDI JWPR Corporation as Servicer for purposes of “Servicer” under the Purchase AgreementAgreement or Buyer as a “Sub-Servicer” thereunder, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI JWPR Corporation as ServicerServicer under the Purchase Agreement or any Originator as Sub-Servicer thereunder , deliver to Buyer or, if so directed by Buyer, the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (Johnsondiversey Holdings Inc)
Keeping and Marking of Records and Books. (i) Such 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such Originator will give Buyer (or its assigns) the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such 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)the Buyer, describing Buyer’s the ownership interests in interest of the Receivables Buyer therein and further describing the Purchaser Interests of “Receivable Interests” sold by the Agent (on behalf of Buyer to the Purchasers) under Purchasers pursuant to the Purchase Agreement and (Bb) upon the request of the Buyer or the any Agent, : (x) at any time, following the occurrence of a Termination Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables interest therein and further describing the Purchaser Receivable Interests of the Agent (on behalf of the Purchasers) Purchasers and (y) after the termination of JDI as Servicer, deliver to the Buyer or, if so directed by Buyer, the Agent or its designee all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
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Keeping and Marking of Records and Books. (i) Such 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). Such 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 Originator will (A) on or prior to the date hereof, xxxx its master data processing records and other books and records relating to standard monthly accounts receivable aging reports regarding the Receivables originated by it with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer (or the Agent, (xits assigns) at any time, following the occurrence of a Termination Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, : (x) xxxx each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Originator and further describing the Purchaser Receivable Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI as Servicer, deliver to Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the such Receivables.
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Keeping and Marking of Records and Books. (i) Originator 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Originator will give the Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Originator It 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 the Buyer (or its assigns), describing the Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of the Buyer (or the Agentits assigns), (x) at any time, time following the occurrence of a Termination an Amortisation Event, at upon which the Agent is considering the termination of JDI the appointment of the Seller as Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing the Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI the appointment of the Buyer as Servicer, Servicer or any Originator as Sub- Servicer deliver to the Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
Appears in 1 contract
Samples: Receivables Offer Deed (Johnsondiversey Holdings Inc)
Keeping and Marking of Records and Books. (i) Originator 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Originator will give the Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Originator It 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 the Buyer (or its assigns), describing the Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of the Buyer (or the Agentits assigns), (x) at any time, time following the occurrence of a Termination an Amortisation Event, at upon which the Agent is considering the termination of JDI the appointment of the Seller as Servicer for purposes of the Purchase Agreement, xxxx each Contract with a legend describing the Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI the appointment of the Buyer as Servicer, Servicer or any Originator as Sub-Servicer deliver to the Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
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Keeping and Marking of Records and Books. (i) 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 timely identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) 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 its assigns), describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Table of Contents Purchasers) under the Purchase Agreement and (B) upon the request of Buyer (or the Agentits assigns), (x) at any time, following the occurrence of a Termination an Amortization Event, at which the Agent is considering the termination of JDI Seller as Servicer for purposes of the Purchase AgreementServicer, xxxx each Contract with a legend describing Buyer’s ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI the Buyer as Servicer or any Originator as Sub-Servicer, deliver to Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
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Keeping and Marking of Records and Books. (i) 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 timely immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). 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) Originator will (A) on or prior to the date hereof, xxxx identify in its master data processing records and other books and records relating to the Receivables with general ledger a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) under the Purchase Agreement and (B) upon the request of Buyer (or the Agentits assigns), (x) at any time, following the occurrence of a Termination Event, at which the Agent is considering the termination of JDI as Servicer for purposes of the Purchase Agreement, xxxx mark each Contract with a legend describing Buyer’s ownership interests 's ownershxx xnterests in the Receivables and further describing the Purchaser Interests of the Agent (on behalf of the Purchasers) and (y) after the termination of JDI as Servicer, deliver to Buyer or, if so directed by Buyer, the Agent (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.
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