Common use of Records of Collateral Clause in Contracts

Records of Collateral. Require the Borrower to periodically deliver to the Bank records and schedules showing the status, condition and location of the Collateral and such contracts or other matters which affect the Collateral. In connection herewith, the Bank may conduct such audits or other examination of such records, including, but not limited to, verification of balances owing by any account debtor of the Borrower, as the Bank, in its sole and absolute discretion, deems necessary.

Appears in 9 contracts

Samples: Equipment Purchase Line of Credit Agreement (Ise Labs Inc), Line of Credit Agreement (Interactive Group Inc), Term Loan Agreement (Dove Audio Inc)

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Records of Collateral. Require the Borrower Debtor to periodically deliver to the Bank records and schedules showing the status, condition and location of the Collateral and such contracts or other matters which affect the Collateral. In connection herewith, the Bank may conduct such audits or other examination of such records, including, but not limited to, verification of balances owing by any account debtor of the BorrowerDebtor, as the Bank, in its sole and absolute discretion, deems necessary.

Appears in 5 contracts

Samples: Security Agreement (Applied Signal Technology Inc), Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Biolase Technology Inc)

Records of Collateral. Require the Borrower to periodically deliver to the Bank records and schedules showing the status, condition and location of the Collateral and such contracts or other matters which affect the Collateral. In connection herewith, the Bank may conduct such audits or other examination of such records, including, but not limited to, verification of balances owing by any account debtor of the Borrower, records as the Bank, in its sole and absolute discretion, deems necessary.

Appears in 2 contracts

Samples: Line of Credit Agreement (Neotherapeutics Inc), Agricultural Credit Agreement (Scheid Vineyards Inc)

Records of Collateral. Require the Borrower to periodically deliver to the Bank Bank, records and schedules showing the status, condition and location of the Collateral and such contracts or other matters which affect the Collateral. In connection herewith, the Bank may conduct such audits or other examination of such records, including, but not limited to, verification of balances owing by any account debtor of the Borrower, as the Bank, in its sole and absolute discretion, deems necessary.

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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Records of Collateral. Require Required the Borrower to periodically deliver to the Bank records and schedules showing the status, condition and location of the Collateral and such contracts or other matters which affect the Collateral. In connection herewith, the Bank may conduct such audits or other examination of such records, including, but not limited to, verification of balances owing by any account debtor of the Borrower, as the Bank, in its sole and absolute discretion, deems necessary.

Appears in 1 contract

Samples: Agricultural Credit Agreement (Scheid Vineyards Inc)

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