Common use of Records and Reports; Notification of Default Clause in Contracts

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a whole.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc)

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Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Collateral Agent, with sufficient copies for each of the Holders of Secured Obligations, such reports relating to the Collateral as the Administrative Collateral Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Collateral Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, development which might could reasonably be expected to materially and adversely affect the Collateral Collateral, taken as a whole.

Appears in 3 contracts

Samples: Security Agreement (Photronics Inc), Security Agreement (Photronics Inc), Security Agreement (Photronics Inc)

Records and Reports; Notification of Default. Each The Grantor shall keep will maintain complete and maintain complete, accurate and proper books and records with respect to the Collateral owned by such GrantorCollateral, and furnish to the Administrative Agent Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each The Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeCollateral.

Appears in 2 contracts

Samples: Security Agreement (Daisytek International Corporation /De/), Pledge and Security Agreement (Matrix Service Co)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Collateral Agent, with sufficient copies for each of the Secured Parties, such reports relating to the Collateral as the Administrative Collateral Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Collateral Agent and the Lenders of the occurrence of any Default or Unmatured Event of Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeCollateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (CIMPRESS PLC), Pledge and Security Agreement (CIMPRESS PLC)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Agent, with sufficient copies for each of the Secured Parties, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Event of Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeCollateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Cimpress N.V.), Pledge and Security Agreement (Vistaprint N.V.)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain materially complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Agent, with sufficient copies for each of the Holders of Secured Obligations, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeDefault.

Appears in 1 contract

Samples: Credit Agreement (Journal Media Group, Inc.)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Collateral Agent such reports relating to the Collateral as the Administrative Collateral Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Collateral Agent and the Lenders of the occurrence of any Default or Unmatured Event of Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a whole.

Appears in 1 contract

Samples: Pledge and Security Agreement (Encore Capital Group Inc)

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Records and Reports; Notification of Default. Each Grantor shall keep will maintain complete and maintain complete, accurate and proper books and records with respect to the Collateral owned by such GrantorCollateral, and furnish to the Administrative Agent Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeCollateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Xeta Corp)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books and records with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Agent, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Event of Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeCollateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Medical Systems Holdings Inc)

Records and Reports; Notification of Default. Each Grantor shall keep and maintain complete, accurate and proper books of record and records account in which full, true and correct entries are made with respect to the Collateral owned by such Grantor, and furnish to the Administrative Agent Agent, with sufficient copies for each of the Holders of Secured Obligations, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. Each Grantor will give prompt notice in writing to the Administrative Agent and the Lenders of the occurrence of any Default or Unmatured Default and of any other development, financial or otherwise, which might materially and adversely affect the Collateral taken as a wholeDefault.

Appears in 1 contract

Samples: Pledge and Security Agreement (Proassurance Corp)

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