Common use of Records and Schedules of Equipment Clause in Contracts

Records and Schedules of Equipment. Each Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of its Equipment and all dispositions made in accordance with Section 8.4.2 hereof, and shall furnish Agent and Lenders with a current schedule containing the foregoing information on an annual basis and, at any time that a Default or Event of Default exists as and when requested by Agent (but in no event more frequently than 4 times per calendar year). Promptly after request therefor by Agent, each Borrower shall deliver to Agent and Lenders any and all evidence (if any) of ownership of any of the Equipment.

Appears in 2 contracts

Samples: Credit Agreement (Remington Arms Co Inc/), Credit Agreement (Remington Arms Co Inc/)

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Records and Schedules of Equipment. Each Borrower Borrowers shall keep records of their Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its their Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and, if so requested by Agent, Borrowers shall, and shall cause each of their Subsidiaries to, furnish Agent and Lenders with a current schedule containing the foregoing information on an annual basis and, at any time that a Default or Event of Default exists as and when requested by Agent (but in no event more frequently than 4 times per calendar year)information. Promptly after the reasonable request therefor by Agent, each Borrower Borrowers shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the its Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Restoration Hardware Inc)

Records and Schedules of Equipment. Each Borrower shall keep records of its Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and upon request of Agent such Borrower shall, and shall cause each of its Subsidiaries to, furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when requested by Agent (but in no event more frequently than 4 times per calendar year)basis. Promptly after the request therefor by Agent, each Borrower shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the its Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (D & K Healthcare Resources Inc)

Records and Schedules of Equipment. Each Borrower Borrowers shall keep records of their Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and Borrowers shall, and shall cause each of their Subsidiaries to, furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when more often if requested by Agent (but in no event more frequently than 4 times per calendar year)Agent. Promptly after the request therefor by Agent, each Borrower Borrowers shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the their Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Pw Eagle Inc)

Records and Schedules of Equipment. Each Borrower shall keep keep, and cause each of its Subsidiaries to keep, accurate records itemizing and describing the kind, type, quality, quantity and value of its Equipment and all dispositions made in accordance with Section 8.4.2 SECTION 7.3.2 hereof, and shall furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when more often if requested by Agent (but in no event more frequently than 4 times per calendar year)Agent. Promptly after request therefor by Agent, each Borrower shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Amerigroup Corp)

Records and Schedules of Equipment. Each Borrower Borrowers shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of its their Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and shall furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when more often if requested by Agent (but in no event more frequently than 4 times per calendar year)Agent. Promptly after Immediately on request therefor by Agent, each Borrower Borrowers shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulfside Supply, Inc.)

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Records and Schedules of Equipment. Each Borrower shall keep records of its Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and each Borrower shall, and shall cause each of its Subsidiaries to, furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when more often if reasonably requested by Agent (but in no event more frequently than 4 times per calendar year)Agent. Promptly after the reasonable request therefor by Agent, each Borrower shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the its Equipment.

Appears in 1 contract

Samples: Financing and Security Agreement (Henry Co)

Records and Schedules of Equipment. Each Borrower shall keep records of its Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and shall furnish Agent and Lenders with a current schedule containing the foregoing information on an annual basis and, at any time that a Default or an Event of Default exists as has occurred and when requested by is continuing, upon Agent's request Borrower shall, and shall cause each of its Subsidiaries to, furnish Agent (but in no event more frequently than 4 times per calendar year). Promptly after request therefor by Agentwith a report containing the foregoing information, each Borrower shall deliver to Agent and Lenders any and along with all available evidence (if any) of ownership of any of the its Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayou Steel Corp)

Records and Schedules of Equipment. Each Borrower shall keep records of its Equipment which shall be complete and accurate records in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with Section 8.4.2 subsection 6.4.2 hereof, and Borrower shall, and shall cause each of its Subsidiaries to, furnish Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and, at any time that a Default or Event of Default exists as and when more often if requested by Agent (but in no event more frequently than 4 times per calendar year)Agent. Promptly after the request therefor by Agent, each Borrower shall deliver to Agent and Lenders any and all evidence (of ownership, if any) of ownership , of any of the its Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Pw Eagle Inc)

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