Common use of Special Covenants with respect to Accounts and Related Contracts Clause in Contracts

Special Covenants with respect to Accounts and Related Contracts. (a) Each Grantor shall keep its chief place of business and chief executive office and the office where it keeps its records concerning the Accounts and Related Contracts, and all originals of all chattel paper in such Grantor's possession that evidence Accounts, at the locations therefor set forth on Schedule 4(d) or upon 30 days' prior written notice to Collateral Agent, at such other location in a jurisdiction where all action that may be necessary, or that Collateral Agent may reasonably request, in order to perfect and protect the security interest granted or purported to be granted hereby, or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder, with respect to such Accounts and Related Contracts shall have been taken. Each Grantor will hold and preserve such records and chattel paper and will permit representatives of Collateral Agent, upon reasonable notice during normal business hours, to inspect and make abstracts from such records and chattel paper, and each Grantor agrees to render to Collateral Agent, at Grantor's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. Promptly upon the reasonable request of Collateral Agent, each Grantor shall deliver to Collateral Agent complete and correct copies of each Related Contract.

Appears in 1 contract

Samples: Security Agreement (Danielson Holding Corp)

AutoNDA by SimpleDocs

Special Covenants with respect to Accounts and Related Contracts. (a) Each Grantor shall keep its chief place of business and chief executive office and the office where it keeps its records concerning the Accounts and Related Contracts, and all originals of all chattel paper in such Grantor's possession that evidence Accounts, at the locations location therefor set forth on Schedule 4(d) or specified in Section 4 or, upon 30 days' prior written notice to Collateral Agent, at such other location in a jurisdiction where all action that may be necessarynecessary or desirable, or that Collateral Agent may reasonably request, in order to perfect and protect the any security interest granted or purported to be granted hereby, or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder, with respect to such Accounts and Related Contracts shall have been taken. Each Grantor will hold and preserve such records and chattel paper and will permit representatives of Collateral Agent, upon reasonable notice Agent at any time during normal business hours, hours to inspect and make abstracts from such records and chattel paper, and each Grantor agrees to render to Collateral Agent, at Grantor's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. Promptly upon the reasonable request of Collateral Agent, each Grantor shall deliver to Collateral Agent complete and correct copies of each Related Contract.

Appears in 1 contract

Samples: BCC Security Agreement (Benedek License Corp)

Special Covenants with respect to Accounts and Related Contracts. (a) Each Grantor shall keep its chief place of business and chief executive office and the office where it keeps its records concerning the Accounts and Related Contracts, and all originals of all chattel paper in such Grantor's possession that evidence Accounts, at the locations therefor set forth on Schedule 4(d) or upon 30 days' prior written notice to Collateral Agent, at such other location in a jurisdiction where all action that may be necessary, or that Collateral Agent may reasonably request, in order to perfect and protect the security interest Security Agreement granted or purported to be granted hereby, or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder, with respect to such Accounts and Related Contracts shall have been taken. Each Grantor will hold and preserve such records and chattel paper and will permit representatives of Collateral Agent, upon reasonable notice during normal business hours, to inspect and make abstracts from such records and chattel paper, and each Grantor agrees to render to Collateral Agent, at Grantor's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. Promptly upon the reasonable request of Collateral Agent, each Grantor shall deliver to Collateral Agent complete and correct copies of each Related Contract.

Appears in 1 contract

Samples: Security Agreement (Danielson Holding Corp)

Special Covenants with respect to Accounts and Related Contracts. (a) Each Grantor shall keep its chief place of business and chief executive office and the office where it keeps its records concerning the Accounts and Related Contracts, and all originals of all chattel paper in such Grantor's possession that evidence Accounts, at the locations location therefor set forth on Schedule 4(d) or specified in Section 4 or, upon 30 days' prior written notice to Collateral Agent, at such other location in a jurisdiction where all action that may be necessarynecessary or desirable, or that Collateral Agent may reasonably request, in order to perfect and protect the any security interest granted or purported to be granted hereby, or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder, with respect to such Accounts and Related Contracts shall have been taken. Each Grantor will hold and preserve such records and chattel paper and will permit representatives of Collateral Agent, upon reasonable notice Agent at any time during normal business hours, hours to inspect and make abstracts from such records and chattel paper, and each Grantor agrees to render to Collateral Agent, at Grantor's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. Promptly upon the reasonable request of Collateral Agent, each if an Event of Default shall have occurred and be continuing, Grantor shall deliver to Collateral Agent complete and correct copies of each Related Contract.

Appears in 1 contract

Samples: Guarantor Security Agreement (James Cable Finance Corp)

AutoNDA by SimpleDocs

Special Covenants with respect to Accounts and Related Contracts. (a) Each Grantor shall keep its chief place of business and chief executive office and the office where it keeps its records concerning the Accounts and Related Contracts, and all originals of all chattel paper in such Grantor's possession that evidence Accounts, at the locations location therefor set forth on Schedule 4(d) or specified in Section 4 or, upon 30 days' prior written notice to Collateral Agent, at such other location in a jurisdiction where all action that may be necessarynecessary or desirable, or that Collateral Agent may reasonably request, in order to perfect and protect the any security interest granted or purported to be granted hereby, or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder, with respect to such Accounts and Related Contracts shall have been taken. Each Grantor will hold and preserve such records and chattel paper and will permit representatives of Collateral Agent, upon reasonable notice Agent at any time during normal business hours, hours to inspect and make abstracts from such records and chattel paper, and each Grantor agrees to render to Collateral Agent, at Grantor's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. Promptly upon the reasonable request of Collateral Agent, each Grantor shall deliver to Collateral Agent complete and correct copies of each Related Contract.

Appears in 1 contract

Samples: Credit Agreement (Dictaphone Corp /De)

Time is Money Join Law Insider Premium to draft better contracts faster.