Review of Accounts. Not less often than annually, and promptly at Administrative Agent's request if there is an Event of Default in existence, Borrower shall conduct (and shall cause each other Covered Person to conduct) a review of its Accounts, bad debt reserves, and collection histories of Account Debtors and promptly following such review provide Administrative Agent with a report of such review in form and detail satisfactory to Administrative Agent.
Appears in 2 contracts
Samples: Loan Agreement (Talx Corp), Loan Agreement (Talx Corp)
Review of Accounts. Not less often than annually, and promptly at Administrative Agent's request if there is an Event of Default in existenceExisting Default, Borrower shall conduct (and shall cause each other Covered Person to conduct) a review of its Accounts, bad debt reserves, and collection histories of Account Debtors and promptly following such review provide Administrative Agent with a report of such review in form and detail satisfactory to Administrative Agent.
Appears in 2 contracts
Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc), Credit Facilities Agreement (Pomeroy Computer Resources Inc)
Review of Accounts. Not less often than annually, and promptly at Administrative Agent's reasonable request if there is an Event of Default in existencehas occurred and is continuing, Borrower shall conduct (and shall cause each other Covered Person to conduct) a review of its Accounts, bad debt reserves, and collection histories of Account Debtors and promptly following such review provide Administrative Agent with a report of such review in form and detail satisfactory to Administrative Agent.
Appears in 1 contract
Review of Accounts. Not less often than annually, and promptly at Administrative Agent's ’s request if there is an Event of Default in existenceExisting Default, Borrower shall conduct (and shall cause each other Covered Person to conduct) a review of its Accounts, bad debt reserves, and collection histories of Account Debtors and promptly following such review provide Administrative Agent with a report of such review in form and detail satisfactory to Administrative Agent.
Appears in 1 contract
Samples: Credit Facilities Agreement (MTM Technologies, Inc.)