Common use of Records Relating to Collateral Clause in Contracts

Records Relating to Collateral. (a) The Borrower will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of the Borrower, itemizing and describing the kind, type and quantity of Inventory and the Borrower's cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.

Appears in 4 contracts

Samples: Loan and Security Agreement (Airport Systems International Inc), Loan and Security Agreement (International Comfort Products Corp), Loan and Security Agreement (Dataflex Corp)

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Records Relating to Collateral. (a) The Borrower Each Obligor will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of the Borrowersuch Obligor so as to permit comparison of Inventory records relating to different time periods, itemizing and describing the kind, type and quantity of Inventory and the Borrowersuch Obligor's cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.

Appears in 4 contracts

Samples: Loan and Security Agreement (Tultex Corp), Tultex Corp, Safety Components International Inc

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Records Relating to Collateral. (a) The Borrower will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of the Borrower, itemizing and describing the kind, type and quantity of Inventory and the Borrower's ’s cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Syratech Corp)

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