Common use of Keeping of Records and Books Clause in Contracts

Keeping of Records and Books. The Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records and other information reasonably necessary for collection of the Receivables originated by the Originator (including Records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Originator will give the Company and the Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company and Agent on or before the date hereof as the Originator's then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC)

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Keeping of Records and Books. The Such Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Company, the Administrator and the each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, the Administrator and each Purchaser Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Fleetcor Technologies Inc), Purchase and Sale Agreement (Fleetcor Technologies Inc), Purchase and Sale Agreement (Cooper Tire & Rubber Co)

Keeping of Records and Books. The Originator It will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Company, each Agent and the each Group Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, each Agent and each Group Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc), Purchase and Sale Agreement (Cincinnati Bell Inc)

Keeping of Records and Books. The Such Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Company, the Administrator and the each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, the Administrator and each Purchaser Agent on or before the date hereof First Omnibus Amendment Effective Date as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Omnibus Amendment to Purchase and Sale Agreement, Receivables Purchase Agreement, and Performance Guaranty (Cooper Tire & Rubber Co)

Keeping of Records and Books. The Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Purchaser, each Agent and the each Group Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Purchaser, each Agent and each Group Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Keeping of Records and Books. The Such Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for the collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Company, the Administrator and the each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, the Administrator and each Purchaser Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Patriot Coal CORP)

Keeping of Records and Books. The Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Originator will give the Company Company, the Administrator and the each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, the Administrator and each Purchaser Agent on or before the date hereof as the Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens Corning)

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Keeping of Records and Books. The Each Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Each Originator will give the Company Company, the Administrator and the each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Company, the Administrator and each Purchaser Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens Corning)

Keeping of Records and Books. The Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records records and other information reasonably necessary for collection of the Receivables originated by the such Originator (including Records records adequate to permit the daily identification of each new such Receivable and all Collections thereon of, and adjustments to, each existing such Receivable). The Such Originator will give the Company Purchaser, the Agent and the each Group Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company Purchaser, the Agent and each Group Agent on or before the date hereof as the such Originator's ’s then existing or planned administrative and operating procedures for collecting Receivables.

Appears in 1 contract

Samples: Canadian Purchase and Sale Agreement (Cincinnati Bell Inc)

Keeping of Records and Books. The Such Originator will have and maintain (i) administrative and operating procedures (including an ability to recreate Records if originals are destroyed), (ii) adequate facilities, personnel and equipment and (iii) all Records and other information reasonably necessary for collection of the Purchased Receivables originated by the such Originator (including Records adequate to permit the daily identification of each new such Purchased Receivable and all Collections thereon of, and adjustments to, each existing such Purchased Receivable). The Such Originator will give the Company and the Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company and Agent on or before the date hereof as the such Originator's then existing or planned administrative and operating procedures for collecting such Purchased Receivables.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ametek Inc/)

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