Common use of Records Regarding Collateral Clause in Contracts

Records Regarding Collateral. BORROWER shall give BANK written notice of each location at which Collateral and records regarding Collateral are or will be kept other than for temporary processing, storage or like purposes. Except as such notice is given, and except as Collateral is moved from place to place in the ordinary course of BORROWER'S trucking business, all Collateral and records are and shall be kept at BORROWER'S address as it appears in Section 10.04 of this Agreement.

Appears in 4 contracts

Samples: Credit and Security Agreement (Boyd Bros Transportation Inc), Credit and Security Agreement (Boyd Bros Transportation Inc), Credit and Security Agreement (Boyd Bros Transportation Inc)

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