Common use of SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY Clause in Contracts

SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, all on GC's standard forms*; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GC's security interest and other rights in all of Borrower's and any Related Company's Receivables, nor shall GC's failure to advance or lend against a specific Receivable affect or limit GC's security interest and other rights therein. Together with each such schedule and assignment, or later if requested by GC, Borrower shall furnish GC with copies (or, at GC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish to GC an aged accounts receivable trial balance in such form and at such intervals as GC shall request. In addition, Borrower shall deliver to GC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon receipt thereof and in the same form as received, with all necessary indorsements, and, upon the request of GC, Borrower shall deliver to GC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC shall request, in form and substance satisfactory to GC. Upon request of GC Borrower additionally shall obtain consents from any letter of credit issuers with respect to the assignment to GC of any letter of credit proceeds. *, AS GC SHALL REASONABLY REQUEST

Appears in 2 contracts

Samples: Loan and Security Agreement (Prime Response Group Inc/De), Loan and Security Agreement (Prime Response Inc/De)

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SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC GBC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, all on GCGBC's standard forms*; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GCGBC's security interest and other rights in all of Borrower's and any Related Company's Receivables, nor shall GCGBC's failure to advance or lend against a specific Receivable affect or limit GCGBC's security interest and other rights therein. Together with each such schedule and assignment, or later if requested by GCGBC, Borrower shall furnish GC GBC with copies (or, at GCGBC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish to GC GBC an aged accounts receivable trial balance in such form and at such intervals as GC shall GBC shall* request. In addition, Borrower shall deliver to GC GBC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon receipt thereof and in the same form as received, with all necessary indorsements, and, upon the request of GCGBC, Borrower shall deliver to GC GBC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC GBC shall request, in form and substance satisfactory to GCGBC. Upon request of GC GBC Borrower additionally shall shall** obtain consents from any letter of credit issuers with respect to the assignment to GC GBC of any letter of credit proceeds. * REASONABLY *, AS GC SHALL REASONABLY REQUEST* USE ITS BEST EFFORTS TO

Appears in 1 contract

Samples: Loan and Security Agreement (Mti Technology Corp)

SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC GBC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, all on GCGBC's standard forms*; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GCGBC's security interest and other rights in all of Borrower's 's* Greyrock Business Credit Loan and any Related Company's Security Agreement -------------------------------------------------------------------------------- Receivables, nor shall GCGBC's failure to advance or lend against a specific Receivable affect or limit GCGBC's security interest and other rights therein. Together with each such schedule and assignment, or later if requested by GCGBC, Borrower shall furnish GC GBC with copies (or, at GCGBC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish to GC GBC an aged accounts receivable trial balance in such form and at such intervals as GC GBC shall request. In addition**, Borrower shall deliver to GC GBC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon receipt thereof and in the same form as received, with all necessary indorsements, and, upon the request of GCGBC, Borrower shall deliver to GC GBC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC GBC shall request, in form and substance satisfactory to GCGBC. Upon request of GC GBC Borrower additionally shall obtain consents from any letter of credit issuers with respect to the assignment to GC GBC of any letter of credit proceeds. * and U.K. Related Company's *, AS GC SHALL REASONABLY REQUEST* Upon request

Appears in 1 contract

Samples: Loan and Security Agreement (Interactive Magic Inc /Md/)

SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, all on GC's standard forms*; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GC's security interest and other rights in all of Borrower's and any Related Company's Receivables, nor shall GC's failure to advance or lend against a specific Receivable affect or limit GC's security interest and other rights therein. Together with each such schedule and assignment, or later if requested by GC, Borrower shall furnish famish GC with copies (or, at GC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish famish to GC an aged accounts receivable trial balance in such form and at such intervals as GC shall request. In addition, Borrower shall deliver to GC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon receipt thereof and in the same form as received, with all necessary indorsementsendorsements, and, upon the request of GC, Borrower shall deliver to GC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsementsendorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC shall request, in form and substance satisfactory to GC. Upon request of GC Borrower additionally shall obtain consents from any letter of credit issuers with respect to the assignment to GC of any letter of credit proceeds. *, AS GC SHALL REASONABLY REQUEST.

Appears in 1 contract

Samples: Loan and Security Agreement (Witness Systems Inc)

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SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, all on GC's standard forms*; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GC's security interest and other rights in all of Borrower's and any Related Company's Receivables, nor shall GC's failure to advance or lend against a specific Receivable affect or limit GC's security interest and other rights therein. Together with each such schedule and assignment, or later if requested by GC, Borrower shall furnish GC with copies (or, at GC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish to GC an aged accounts receivable trial balance in such form and at such intervals as GC shall shall** request***. In addition, Borrower shall deliver to GC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon receipt thereof and in the same form as received, with all necessary indorsements, and, upon the request of GC, Borrower shall deliver to GC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC shall request, in form and substance satisfactory to GC. Upon request of GC Borrower additionally shall obtain consents from any letter of credit issuers with respect to the assignment to GC of any letter of credit proceeds. *, ,AS GC SHALL REASONABLE REQUEST **REASONABLY REQUEST***, PROVIDED THAT IF NO EVENT OF DEFAULT EXISTS, GC MAY NOT REQUEST THE FOREGOING MORE THAN ONCE A MONTH.

Appears in 1 contract

Samples: Loan and Security Agreement (Skillsoft Corp)

SCHEDULES AND DOCUMENTS RELATING TO RECEIVABLES AND INVESTMENT PROPERTY. Borrower shall deliver to GC GBC transaction reports and loan requests, schedules and assignments of all Receivables, and schedules of collections, as set forth in the Schedule or as GBC shall reasonably request, all on GCGBC's standard forms*, or on such other forms as shall be reasonably satisfactory to GBC; provided, however, that Borrower's failure to execute and deliver the same shall not affect or limit GCGBC's security interest and other rights in all of Borrower's and any Related CompanyIrish Subsidiary's Receivables, nor shall GCGBC's failure to advance or lend against a specific Receivable affect or limit GCGBC's security interest and other rights therein. Together If at any time requested by GBC, together with each such schedule and assignment, or later if requested by GCGBC, Borrower shall furnish GC GBC with copies (or, at GCGBC's request, originals) of all contracts, orders, invoices, and other similar documents, and all original shipping instructions, delivery receipts, bills of lading, and other evidence of delivery, for any goods the sale or disposition of which gave rise to such Receivables, and Borrower warrants the genuineness of all of the foregoing. Borrower shall also furnish to GC GBC an aged accounts receivable trial balance in such form and at such intervals as GC GBC shall reasonably request. In addition, Borrower shall deliver to GC GBC the originals of all instruments, chattel paper, security agreements, guarantees and other documents and property evidencing or securing any Receivables, immediately upon promptly, and in any event within one Business Day, of receipt thereof and in the same form as received, with all necessary indorsements, and, upon the request of GCGBC, Borrower shall deliver to GC GBC all letters of credit and also all certificated securities with respect to any Investment Property, with all necessary indorsements, and obtain such account control agreements with securities intermediaries and take such other action with respect to any Investment Property, as GC GBC shall reasonably request, in form and substance satisfactory to GCGBC. Upon request of GC GBC Borrower additionally shall obtain consents from any letter of credit issuers with respect to the assignment to GC GBC of any letter of credit proceeds. *, AS GC SHALL REASONABLY REQUEST.

Appears in 1 contract

Samples: Loan and Security Agreement (Quarterdeck Corp)

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