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

Records and Reports; Notification of Default. The Debtor will maintain complete and accurate books and records with respect to the Collateral, and furnish to the Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Agent shall from time to time reasonably request. The Debtor will give prompt notice in writing to the 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.

Appears in 6 contracts

Samples: Credit Agreement (P F Changs China Bistro Inc), Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc)

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Records and Reports; Notification of Default. The Debtor Borrower will maintain complete and accurate books and records with respect to the Collateral, and furnish to the Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Agent shall from time to time reasonably request. The Debtor Borrower will give prompt notice in writing to the 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.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Matrix Service Co), Pledge and Security Agreement (Chromcraft Revington Inc)

Records and Reports; Notification of Default. The Debtor Borrower will maintain complete and accurate books and records with respect to the Collateral, and furnish to the Administrative 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. The Debtor Borrower 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.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Teton Energy Corp), Credit Agreement (NVR Inc)

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

Appears in 1 contract

Samples: And Restated Security Agreement (Midas Inc)

Records and Reports; Notification of Default. The Each Debtor will -------------------------------------------- maintain complete and accurate books and records with respect to the Collateral, and furnish to the Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Agent shall from time to time reasonably request. The Each Debtor will give prompt notice in writing to the 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Transit Group Inc)

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Records and Reports; Notification of Default. The Such Debtor will maintain complete and accurate books and records with respect to the Collateral, and furnish to the Collateral Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Collateral Agent shall from time to time reasonably request. The Such Debtor will give prompt notice in writing to the 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 could reasonably be expected to materially and adversely affect the Collateral.

Appears in 1 contract

Samples: Security Agreement (Sand Springs Railway CO)

Records and Reports; Notification of Default. The Debtor Borrower will maintain complete and accurate books and records with respect to the Collateral, and furnish to the Agent, with sufficient copies for each of the Lenders, such reports relating to the Collateral as the Agent shall from time to time reasonably request. The Debtor Borrower will give prompt notice in writing to the 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.

Appears in 1 contract

Samples: Security Agreement (Magnetek Inc)

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