Keeping and Marking of Records and Books. (i) The Seller will, and will cause the Originators to, 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, and will cause the Originators to, give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yrc Worldwide Inc), Receivables Purchase Agreement (Yellow Roadway Corp)
Keeping and Marking of Records and Books. (i) The Seller will, and will cause the Originators Originator to, 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, and will cause the Originators Originator to, give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (JPF Acquisition Corp), Receivables Purchase Agreement (Yellow Corp), Receivables Purchase Agreement (Yellow Corp)
Keeping and Marking of Records and Books. (i) The Seller will, Servicer will (and will cause the Originators Originator and each Original Seller to, ) 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, Servicer will (and will cause the Originators Originator and each Original Seller to, ) give the Agents 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 (Energizer Holdings Inc), Receivables Purchase Agreement (Energizer Holdings Inc)
Keeping and Marking of Records and Books. (ia) The Seller Borrower will, and will cause the Originators to, 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 Borrower will, and will cause the Originators to, promptly give the Agents Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
Appears in 2 contracts
Samples: Credit Agreement (YRC Worldwide Inc.), Credit Agreement (YRC Worldwide Inc.)
Keeping and Marking of Records and Books. (f) (i) The Seller will, will (and will cause the Originators to, ) 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, and will cause the Originators require each Originator to, give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
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Keeping and Marking of Records and Books. (i) The Seller will, Servicer will (and will cause the Originators Originator and each Original Seller to, ) 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, Servicer will (and will cause the Originators Originator and each Original Seller to, ) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) The Seller will, Originator will (and will cause the Originators each Original Seller to, ) 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, Originator will (and will cause the Originators each Original Seller to, ) give the Agents Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
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