Offices and Records. The Borrower shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 shall have been taken with respect to the Borrower Collateral. Each of the Borrower and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower and the Servicer shall, by no later than the Effective Date, xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including computer records) and credit files pertaining to the Borrower Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b).
Appears in 1 contract
Samples: Receivables Funding Agreement (Ak Steel Holding Corp)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, the legend set forth in form and substance satisfactory to the Administrative AgentSection 7.07(a) hereof, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Avondale Inc)
Offices and Records. The Borrower shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 shall have been taken with respect to the Borrower Collateral. Each of the Borrower and the Servicer shall, at its own cost and expense, maintain or cause to be maintained adequate and complete records of the Transferred Receivables and the Borrower Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower and the The Servicer shall, by no later than the Effective Date, xxxx shall mark or cause to be marked conspicuously with a legend, in form and forx xxd substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence the Sale or contribution of Transferred Receivables pursuant to the Sale and Contribution Agreement and this Agreement and the assignment and Liens granted pursuant to this Article VIIIVIII of the Funding Agreement. Upon the occurrence and during the continuance of a Termination Event, the Borrower and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records relating to the Borrower Collateral and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b)8.06(b) of the Funding Agreement.
Appears in 1 contract
Samples: Receivables Sale and Contribution Agreement (Consolidated Freightways Corp)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the each Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the each Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the each Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the each Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (K2 Inc)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Synnex Information Technologies Inc)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the each Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables Receivables, the Related Security and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the each Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the each Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the each Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent that are reasonably related to the general purpose of such inspection and as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Castle a M & Co)
Offices and Records. The Borrower Seller shall maintain its jurisdiction of formation, principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b4.1(b) or, upon 30 thirty (30) days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, xxxx shall mark conspicuously with a legend, in form and substance satisfactory to the xx xhe Administrative Agent, including, without limitation, its books and records (including computer records) , and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.6(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Advancepcs)
Offices and Records. The Borrower shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Collateral. Each of the Borrower and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower and the Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(bSCHEDULE 4.01(B) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 SECTION 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, xxxx shall mark conspicuously with a legendthe legend set forth in SECTION 7.07(A) hereof, in form ixx xooks and substance satisfactory to the Administrative Agentrecords, its books and records (including computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article ARTICLE VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(bSECTION 8.06(B).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Daisy Parts Inc)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, xxxx shall mark conspicuously with a legend, in form and substance satisfactory to xx the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIII. Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Wabash National Corp /De)
Offices and Records. The Borrower Seller shall maintain its principal place of business and chief executive office and the office at which it stores its Records at the respective locations specified in Schedule 4.01(b4.01(i) or, upon 30 days’ ' prior written notice to the Administrative Agent, at such other location in a jurisdiction where all action requested by the Administrative Agent pursuant to Section 14.14 14.15 shall have been taken with respect to the Borrower Seller Collateral. Each of the Borrower Seller and the Servicer shall, at its own cost and expense, maintain adequate and complete records of the Transferred Receivables and the Borrower Seller Collateral, including records of any and all payments received, credits granted and merchandise returned with respect thereto and all other dealings therewith. Each of the Borrower Seller and the Servicer shall, by no later than the Effective Date, shall xxxx conspicuously with a legend, in form and substance satisfactory to the Administrative Agent, its books and records (including records, computer records) tapes, computer disks and credit files pertaining to the Borrower Seller Collateral, and its file cabinets or other storage facilities where it maintains information pertaining thereto, to evidence this Agreement and the assignment and Liens granted pursuant to this Article VIIIVIII and in accordance with Section 5.01(d)(ii). Upon the occurrence and during the continuance of a Termination Event, the Borrower Seller and the Servicer shall deliver and turn over such books and records to the Administrative Agent or its representatives at any time on demand of the Administrative Agent. Prior to the occurrence of a Termination Event and upon reasonable notice from the Administrative Agent, the Borrower Seller and the Servicer shall permit any representative of the Administrative Agent at reasonable times to inspect such books and records and shall provide photocopies thereof to the Administrative Agent as more specifically set forth in Section 8.05(b8.06(b).
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp)