Common use of Offices, Records and Books of Account Clause in Contracts

Offices, Records and Books of Account. Keep each of the Loan Party’s principal place of business and chief executive office and the office where it keeps its records concerning the Receivables, Inventory and the Collateral at the address set forth in Section 11.01 or, upon 30 days’ prior notice to the Collateral Manager (with a copy to the Administrative Agent), at any other locations in jurisdictions where all actions reasonably requested by the Collateral Manager or otherwise necessary to protect, perfect and maintain the Collateral Agent’s interest in the Collateral (including the Receivables and Inventory) and all proceeds thereof have been taken and completed. Each of the Loan Parties shall keep its books and accounts in accordance with GAAP and shall not make any notation on its books and records, including any computer files, that is inconsistent with the collateral assignment of the Receivables and Inventory to the Collateral Agent. The Loan Parties shall maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables, Inventory and related contracts 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 collecting all Receivables and Inventory (including, without limitation, records adequate to permit the daily identification of each Receivable and element of Inventory and all Collections of and adjustments to each existing Receivable and element of Inventory) and for providing the Receivable Information.

Offices, Records and Books of Account. Keep each of the Loan Party’s The Borrower will keep its principal place of business and chief executive office and the office where it keeps its records concerning the Receivables, Inventory and the Collateral at the address of the Borrower set forth in Section 11.01 under its name on the signature page to the Agreement or, upon 30 days’ ' prior notice Written Notice to the Collateral Manager (with a copy to the Administrative Agent)Lender, at any other locations in jurisdictions where all actions reasonably requested by the Collateral Manager Lender or otherwise necessary to protect, protect and perfect and maintain the Collateral Agent’s Lender's interest in the Collateral (including the Receivables and Inventory) and all proceeds thereof have been taken and completed. Each of the Loan Parties The Borrower shall keep its books and accounts in accordance with GAAP and shall not make any a notation on its books and records, including any computer files, to indicate that is inconsistent with the collateral assignment of the Receivables and Inventory have been assigned as security to the Collateral AgentLender. The Loan Parties Borrower shall maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables, Inventory Receivables and related contracts 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 collecting all Receivables and Inventory (including, without limitation, records adequate to permit the daily identification of each Receivable and element of Inventory and all Collections of and adjustments to each existing Receivable and element of InventoryReceivable) and for providing the Receivable Information.