Common use of Records and Schedules of Accounts Clause in Contracts

Records and Schedules of Accounts. Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Agent on such periodic basis as Agent shall request a sales and collections report for the preceding period, in form satisfactory to Agent. Borrower shall also provide to Agent on or before the 20th day of each month a detailed aged trial balance of all Accounts existing as of the last day of the preceding month, specifying the names, face value and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"), and, upon Agent's request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all documents, including repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 cease to be Eligible Accounts in whole or in part, Borrower shall notify Agent of such occurrence promptly (and in any event within 2 Business Days) after Borrower's having obtained knowledge of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Borrower shall deliver to Agent copies of invoices or invoice registers related to all of its Accounts.

Records and Schedules of Accounts. Each Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Agent on such periodic basis as Agent shall request (but no more frequently than monthly unless an Event of Default exists) a sales and collections report for the preceding period, in form satisfactory to Agent. Each Borrower shall also provide to Agent on or before the 20th 25th day of each month month, a detailed aged trial balance of all Accounts existing as of the last day of the preceding month, specifying the names, addresses, face value value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"), and, upon Agent's request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all documents, including repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 2,500,000 either cease to be or become Eligible Accounts in whole or in part, Borrower Borrowers (x) shall notify Agent of such occurrence relating to Accounts ceasing to be Eligible Accounts promptly (and in any event within 2 3 Business Days) after any Borrower's having obtained actual knowledge of such occurrence and (y) may notify Agent of such occurrence relating to Accounts becoming Eligible Accounts and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Borrower shall deliver to Agent copies of invoices or invoice registers related to all of its Accounts.

Records and Schedules of Accounts. Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Agent on such periodic basis as Agent shall request a sales and collections report for the preceding period, in form satisfactory to Agent. Borrower shall also provide to Agent on or before the 20th day of each month Fiscal Month, a detailed aged trial balance of all Accounts existing as of the last day of the preceding monthFiscal Month, specifying the names, addresses, face value value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"), and, upon Agent's request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all other related documents, including repayment histories and present status reports reports, relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 100,000 cease to be Eligible Accounts in whole or in part, Borrower shall notify Agent of such occurrence promptly (and in any event within 2 Business Days) after Borrower's having obtained knowledge of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Upon Agent's request, Borrower shall deliver to Agent copies of invoices or invoice registers related to all of its Accounts.

Records and Schedules of Accounts. Each Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Agent on such periodic basis as Agent shall request a sales and collections report for the preceding period, in form satisfactory to Agent. Borrower Borrowers shall also provide to Agent on or before the 20th 15th day of each month a detailed aged trial balance of all Accounts existing as of the last day of the preceding monthReporting Period, specifying the names, addresses, face value value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("“Schedule of Accounts"”), and, upon Agent's ’s request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all documents, including repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 250,000 cease to be Eligible Accounts in whole or in part, Borrower Borrowers shall notify Agent of such occurrence promptly (and in any event within 2 Business Days) after any Borrower's ’s having obtained knowledge of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Upon the request of Agent, each Borrower shall deliver to Agent copies of invoices or invoice registers related to all of its Accounts.

Records and Schedules of Accounts. Each Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Agent on such periodic basis as Agent shall request a sales and collections report for the preceding period, in form satisfactory to Agent. Each Borrower shall also provide to Agent on or before the 20th 30th day of each month month, a detailed aged trial balance of all Accounts existing as of the last day of the preceding month, specifying the names, addresses, face value value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"), and, upon Agent's request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all documents, including repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 1,000,000 cease to be Eligible Accounts in whole or in part, Borrower Borrowers shall notify Agent of such occurrence promptly (and in any event within 2 Business Days) after any Borrower's having obtained knowledge of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Upon Agent's request therefor, each Borrower shall deliver to Agent copies of invoices or invoice registers related to all of its Accounts.

Records and Schedules of Accounts. Each Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Administrative Agent weekly or on such other more frequent periodic basis as Administrative Agent shall request a sales and collections report for the preceding period, in form satisfactory to AgentAdministrative Agent (which form shall be substantially consistent with forms required by Administrative Agent from its other customers in the same or similar business as Borrowers (other than changes necessary due to Borrowers’ specific business operations)). Each Borrower shall also provide to Administrative Agent on or before the 20th day fourth Business Day of each month week, a detailed aged trial balance of all Accounts existing as of the last day of the preceding monthweek, specifying the names, addresses, face value value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("“Schedule of Accounts"”), and, upon Administrative Agent's ’s request therefor, customer addresses, dates of invoices, copies of proof of delivery and a copy of all documents, including repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Administrative Agent shall reasonably request. In addition, if Accounts in an aggregate face amount in excess of $500,000 1,000,000 cease to be Eligible Accounts in whole or in part, Borrower Borrowers shall notify Administrative Agent of such occurrence promptly (and in any event within 2 Business Days) after any Borrower's ’s having obtained actual knowledge of such occurrence and the Borrowing Base shall thereupon be adjusted to reflect such occurrence. Each Borrower shall deliver to Administrative Agent copies of invoices or invoice registers related to all of its Accounts.