Common use of Maintenance of Records Generally Clause in Contracts

Maintenance of Records Generally. Such Grantor will keep and maintain at its own cost and expense complete and accurate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all in a manner consistent with such Grantor's past practice. All chattel paper given to such Grantor with respect to any Accounts will be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the security interest of First Union National Bank, as Administrative Agent". For the Administrative Agent's and the Lenders' further security, such Grantor agrees that upon the occurrence and during the continuation of any Event of Default, such Grantor shall deliver and turn over any such books and records directly to the Administrative Agent or its designee. Such Grantor shall permit any representative of the Administrative Agent to inspect such books and records in accordance with Section 8.11 of the Credit Agreement and will provide photocopies thereof to the Administrative Agent upon its reasonable request.

Appears in 1 contract

Samples: Credit Agreement (Knology Holdings Inc /Ga)

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Maintenance of Records Generally. Such Each Grantor will keep and maintain at its own cost and expense complete and accurate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all in a manner consistent with such Grantor's past practice. All chattel paper given to such Grantor with respect to any Accounts will be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the security interest of First Union National BankWachovia Investors, Inc., as Administrative Agent". For the Administrative Agent's and the Lenders' further security, such each Grantor agrees that upon the occurrence and during the continuation of any Default or Event of Default, such Grantor shall deliver and turn over any such books and records directly to the Administrative Agent or its designee. Such Each Grantor shall permit any representative of the Administrative Agent to inspect such books and records in accordance with Section 8.11 9.11 of the Credit Agreement and will provide photocopies thereof to the Administrative Agent upon its reasonable request.

Appears in 1 contract

Samples: Security Agreement (Choice One Communications Inc)

Maintenance of Records Generally. Such Grantor will keep and maintain at its own cost and expense complete and accurate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all in a manner consistent with such Grantor's past practice. All chattel paper given to such Grantor with respect to any Accounts will be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the security interest of First Union National Bank, as Administrative Agent". For the Administrative Agent's and the Lenders' further security, such Grantor agrees that upon the occurrence and during the continuation of any Event of Default, such Grantor shall deliver and turn over any such books and records directly to the Administrative Agent or its designee. Such Grantor shall permit any representative of the Administrative Agent to inspect such books and records in accordance with Section 8.11 of the Credit Agreement and will provide photocopies thereof to the Administrative Agent upon its reasonable request.

Appears in 1 contract

Samples: Security Agreement (Acc Corp)

Maintenance of Records Generally. Such Each Grantor will keep and maintain at its own cost and expense complete and accurate adequate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all Collateral in a manner consistent accordance with such Grantor's past practicepractices. All chattel paper Chattel Paper given to such Grantor with respect to any Accounts will be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the security interest interests of First Union National Bank, as Administrative Agent". For the Administrative Agent's Agents and the Lenders' Lenders further security, such each Grantor agrees that upon the occurrence and during the continuation continuance of any Event of Default, upon the request of the Administrative Agent or the Required Lenders, such Grantor shall deliver and turn over any such books and records directly to the Administrative Agent or its designee. Such Each Grantor shall permit any representative of the Administrative Agent to inspect such books and records in accordance with Section 8.11 of the Credit Agreement and will provide photocopies thereof to the Administrative Agent upon its reasonable request.

Appears in 1 contract

Samples: Security Agreement (Gt Interactive Software Corp)

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Maintenance of Records Generally. Such Each Grantor will keep and maintain at its own cost and expense complete and accurate adequate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all Collateral in a manner consistent accordance with such Grantor's past practicepractices. All chattel paper given to such Grantor with respect to any Accounts will be marked with the following legend: "This writing and the obligations evidenced or secured hereby are subject to the security interest of First Union National Bank, as Administrative Agent". For the Administrative Agent's and the Lenders' further security, such each Grantor agrees that upon the occurrence and during the continuation of any Event of Default, upon the request of the Administrative Agent or the Required Lenders, such Grantor shall deliver and turn over any such books and records directly to the Administrative Agent or its designee. Such Each Grantor shall permit any representative of the Administrative Agent to inspect such books and records in accordance with Section 8.11 of the Credit Agreement and will provide photocopies thereof to the Administrative Agent upon its reasonable request.

Appears in 1 contract

Samples: Security Agreement (Gt Interactive Software Corp)

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