Common use of Records of Collateral Clause in Contracts

Records of Collateral. Debtor at all times will maintain accurate books and records covering the Collateral. Debtor immediately will mark xxx books and records with an entry showing the absolute assignment of all Collateral to Bank and Bank is hereby given the right to audit the books and records of Debtor relating to Collateral at any time and from time to time. The amounts shown as owed to Debtor on Debtor's books and on any assignment schedule will be the undisputed amounts owing and unpaid.

Records of Collateral. Debtor at all times will maintain accurate books and records covering the Collateral. Debtor immediately will mark xxx all books and records with an entry showing the absolute assignment of all Collateral to Bank and Bank is hereby given the right to audit the books and records of Debtor relating to Collateral at any time and from time to time. The amounts shown as owed to Debtor on DebtorXxxxxx's books and on any assignment schedule will be the undisputed amounts owing and unpaid.

Records of Collateral. Debtor at all times will maintain accurate books and records covering the Collateral. Debtor immediately will mark xxx xxxx all books and records with an entry showing the absolute assignment of all Collateral to Bank and Bank is hereby given the right to audit the books and records of Debtor relating to Collateral at any time and from time to time. The amounts shown as owed to Debtor on Debtor's books and on any assignment schedule will be the undisputed amounts owing and unpaid.