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

Offices, Records and Books of Account. Such Seller will keep the office where it keeps its records concerning the Purchased Receivables at (i) the address of such Seller specified on Schedule I as of the date of this Agreement or (ii) upon 30 days' prior written notice to the Buyer, at any other locations in jurisdictions where all actions reasonably requested by the Buyer to protect and perfect the Buyer's interest in the Purchased Receivables have been taken and completed. Such Seller also will maintain and implement administrative and operating procedures (including without limitation, an ability to recreate records evidencing Purchased 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 the collection of all Purchased Receivables (including, without limitation, records adequate to permit the daily identification of each Purchased Receivable and all Collections of and adjustments to each existing Purchased Receivable).

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Nalco Global Holdings LLC), Receivables Purchase Agreement (TRW Automotive Inc), Receivables Purchase Agreement (TRW Automotive Inc)

AutoNDA by SimpleDocs

Offices, Records and Books of Account. Such The Seller will keep the office where it keeps its records concerning the Purchased Receivables at (i) the address of such the Seller specified on Schedule I as of the date of this Agreement or (ii) upon 30 days' ’ prior written notice to the Buyer, at any other locations in jurisdictions where all actions reasonably requested by the Buyer to protect and perfect the Buyer's ’s interest in the Purchased Receivables have been taken and completed. Such The Seller also will maintain and implement administrative and operating procedures (including without limitation, an ability to recreate records evidencing Purchased 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 the collection of all Purchased Receivables (including, without limitation, records adequate to permit the daily identification of each Purchased Receivable and all Collections of and adjustments to each existing Purchased Receivable).

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Nalco Holding CO), Receivables Purchase Agreement (Nalco Holding CO), Receivables Purchase Agreement (Nalco Finance Holdings LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!