Common use of Keeping of Records and Books of Account; Delivery; Location of Records Clause in Contracts

Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purpose), and keep and maintain, or cause to be kept and maintained, all documents, books, records, and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, and Related Assets relating to each Receivable Pool, the Lease Contracts, and the Lease Devices (including records adequate to permit the daily identification of (i) each new Pool Receivable relating to each Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable received, made, or otherwise processed on that day) and (ii) the portion of the Collections received from each Obligor that represents (w) Collections of an ISC Receivable from such Obligor, (x) Collections of a Lease Receivable from such Obligor (y) Collections of an MTM Lease Receivable from such Obligor, and (z) the Collections of an SCC Receivable from such Obligor. In addition, it shall keep its principal place of business and chief executive office, and the offices where it keeps the Records (and any original documents relating thereto), at the address(es) referred to in Annex 1 of the Sale Agreement or at such other address(es) as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)

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Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purpose), and keep and maintain, or cause to be kept and maintained, all documents, books, records, records and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool, the Lease Contracts, and the Lease Devices (including records adequate to permit the daily identification of (i) each new Pool Receivable relating to each Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable received, made, made or otherwise processed on that day) and (ii) ). At any time after the portion of the Collections received from each Obligor that represents (w) Collections occurrence of an ISC Receivable from such ObligorEvent of Termination that has not been waived in accordance with this Agreement or an Unmatured Event of Termination, (x) Collections upon the request of a Lease Receivable from such Obligor (y) Collections Administrative Agent, deliver the originals of an MTM Lease Receivable from such Obligorall Contracts to Administrative Agent or its designee, together with electronic and other files applicable thereto, and (z) other Records necessary to enforce the Collections of an SCC related Receivable from such Obligoragainst the Obligor thereof. In addition, it Master Servicer shall keep its principal place of business and chief executive office, and the offices where it keeps the Records (and any all original documents relating thereto), at the address(es) of Master Servicer referred to in Annex 1 of the Sale Agreement Schedule 13.2 or at such other address(es) of Master Servicer as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (C H Robinson Worldwide Inc), Receivables Purchase Agreement (C H Robinson Worldwide Inc)

Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including (i) an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purposepurpose and (ii) procedures to identify and track sales with respect to, and collections on, Excluded Receivables and Unsold Receivables), and keep and maintain, or cause to be kept and maintained, all documents, books, records, records and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool, the Lease Contracts, and the Lease Devices identification and reporting of all Excluded Receivables and Unsold Receivables (including records adequate to permit the daily identification of (i) each new Pool Receivable, Unsold Receivables and Excluded Receivable relating to each Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable, Unsold Receivables and Excluded Receivable received, made, made or otherwise processed on that day) and (ii) ). At any time after the portion of the Collections received from each Obligor that represents (w) Collections occurrence of an ISC Receivable from such ObligorEvent of Termination that has not been waived in accordance with this Agreement or an Unmatured Event of Termination, (x) Collections upon the request of a Lease Receivable from such Obligor (y) Collections Administrative Agent, deliver the originals of an MTM Lease Receivable from such Obligorall Contracts to Administrative Agent or its designee, together with electronic and other files applicable thereto, and (z) other Records necessary to enforce the Collections of an SCC related Receivable from such Obligoragainst the Obligor thereof. In addition, it Master Servicer shall keep its principal place of business and chief executive office, and the offices where it keeps the Records (and any all original documents relating thereto), at the address(es) of Master Servicer referred to in Annex 1 of the Sale Agreement Schedule 13.2 or at such other address(es) of Master Servicer as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, Devices and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purpose), and keep and maintain, or cause to be kept and maintained, all documents, books, records, records and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, Devices and Related Assets relating to each Receivable Pool, the Lease Contracts, Contracts and the Lease Devices (including records adequate to permit the daily identification of (i) each new Pool Receivable relating to each Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable received, made, made or otherwise processed on that day) and (ii) the portion of the Collections received from each Obligor that represents (wx) Collections of an ISC Receivable from such Obligor, (xy) Collections of a Lease Receivable from such Obligor (y) Collections of an MTM Lease Receivable from such Obligor, and (z) the Collections of an SCC Receivable from such Obligor. In addition, it shall keep its principal place of business and chief executive office, and the offices where it keeps the Records (and any original documents relating thereto), at the address(es) referred to in Annex 1 of the Sale Agreement or at such other address(es) as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Agent and each Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)

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Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including (i) an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purposepurpose and (ii) procedures to identify and track sales with respect to, and collections on, Excluded Receivables), and keep and maintain, or cause to be kept and maintained, all documents, books, records, records and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, Receivables and Related Assets relating to each Receivable Pool, the Lease Contracts, and the Lease Devices identification and reporting of all Excluded Receivables (including records adequate to permit the daily identification of (i) each new Pool Receivable relating to each and Excluded Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable and Excluded Receivable received, made, made or otherwise processed on that day) and (ii) ). At any time after the portion of the Collections received from each Obligor that represents (w) Collections occurrence of an ISC Receivable from such ObligorEvent of Termination that has not been waived in accordance with this Agreement or an Unmatured Event of Termination, (x) Collections upon the request of a Lease Receivable from such Obligor (y) Collections Administrative Agent, deliver the originals of an MTM Lease Receivable from such Obligorall Contracts to Administrative Agent or its designee, together with electronic and other files applicable thereto, and (z) other Records necessary to enforce the Collections of an SCC related Receivable from such Obligoragainst the Obligor thereof. In addition, it Master Servicer shall keep its principal place of business and chief executive office, and the offices where it keeps the Records (and any all original documents relating thereto), at the address(es) of Master Servicer referred to in Annex 1 of the Sale Agreement Schedule 13.2 or at such other address(es) of Master Servicer as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 1 contract

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

Keeping of Records and Books of Account; Delivery; Location of Records. Maintain and implement, or cause to be maintained and implemented, administrative and operating procedures (including an ability to recreate records evidencing the Pool Receivables, Lease Contracts, Lease Devices, Lease Returned Devices, Devices and Related Assets relating to each Receivable Pool in the event of the destruction of the originals thereof, backing up on at least a daily basis on a separate backup computer from which electronic file copies can be readily produced and distributed to third parties being agreed to suffice for this purpose), and keep and maintain, or cause to be kept and maintained, all documents, books, records, records and other information necessary or advisable for the collection of all Pool Receivables, Lease Returned Devices, Devices and Related Assets relating to each Receivable Pool, the Lease Contracts, Contracts and the Lease Devices (including records adequate to permit the daily identification of (i) each new Pool Receivable relating to each Receivable Pool and all Collections relating to each Receivable Pool of and adjustments to each existing Pool Receivable received, made, made or otherwise processed on that day) and and, (ii) the portion of the Collections received from each Obligor that represents (wx) Collections of an ISC Receivable from such Obligor, (xy) Collections of a Lease Receivable from such Obligor (y) Collections of an MTM Lease Receivable from such Obligor, and (z) the Collections of an SCC Receivable from such Obligor. In addition, it shall keep its principal place of business Obligor and chief executive office, and the offices where it keeps the Records (and any original documents relating theretoiii), at the address(es) referred to in Annex 1 of the Sale Agreement or at such other address(es) as set forth in the Sale Agreement or, upon thirty (30) days’ prior written notice to the Collateral Agent, the Administrative Agent and each Purchaser Agent, at such other locations in jurisdictions where all action required by Section 8.5 hereof shall have been taken and completed.

Appears in 1 contract

Samples: Receivables Purchase Agreement (SPRINT Corp)

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