Common use of Records and Schedules of Equipment Clause in Contracts

Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipment, and shall submit to Lender a current schedule thereof, at the times and in form satisfactory to Lender. Promptly upon request, Borrowers shall deliver to Lender evidence of their ownership or interests in any Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xplore Technologies Corp), Loan and Security Agreement (Wireless Telecom Group Inc)

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Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipment, including kind, quality, quantity, cost, acquisitions and dispositions thereof, and shall submit to Lender, on such periodic basis as Lender may request, a current schedule thereof, at the times and in form satisfactory to Lender. Promptly upon request, Borrowers shall deliver to Lender evidence of their ownership or interests in any Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (LIVE VENTURES Inc), Loan and Security Agreement (Radiant Logistics, Inc)

Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipment, including kind, quality, quantity, cost, acquisitions and dispositions thereof, and shall submit to Lender, on such periodic basis as Lender may request (but not more frequently than quarterly), a current schedule thereof, at the times and in form reasonably satisfactory to Lender. Promptly upon request, Borrowers shall deliver to Lender evidence of their ownership or interests in any Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Servicesource International, Inc.)

Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipment, and promptly upon Lender’s request during the continuance of a Default or Event of Default, shall submit to Lender a current schedule thereof, at the times and in form satisfactory to Lender. Promptly upon request, Borrowers Borrower shall deliver to Lender evidence of their ownership or interests in any material Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Volt Information Sciences, Inc.)

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Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipmentequipment, including kind, quality, quantity, cost, acquisitions and dispositions thereof, and shall submit to Lender, on such periodic basis as Lender may request, a current schedule thereof, at the times and in form satisfactory to Lender. Promptly upon request, Borrowers Borrower shall deliver to Lender evidence of their its ownership or interests in any Equipmentequipment.

Appears in 1 contract

Samples: And Security Agreement (Millennium Ethanol, LLC)

Records and Schedules of Equipment. Each Borrower shall keep accurate and complete records of its Equipment, including kind, quality, quantity, cost, acquisitions and dispositions thereof, and at any time a Default or Event of Default exists shall submit to Lender, on such periodic basis as Lender may request, a current schedule thereof, at the times and in form reasonably satisfactory to Lender. Promptly upon request, Borrowers shall deliver to Lender evidence of their ownership or interests in any Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Ashworth Inc)

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