Administration of Equipment. 24 6.4.1. Records and Schedules of Equipment...................................................................24 6.4.2. Dispositions of Equipment............................................................................24 6.5.
Administration of Equipment. 14 6.5 Payment of Charges................................................14
Administration of Equipment. 26 6.3.1 Records and Schedules of Equipment.................... 26 6.3.2
Administration of Equipment. (a) Each Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and cost of its Equipment and all dispositions made in accordance with Section 5.4(b), and shall furnish Lender with a current schedule containing the foregoing information on at least an annual basis and more often if requested by Lender. Promptly after request therefor by Lender, Borrowers shall deliver to Lender all evidence of ownership, if any, of any of the Equipment.
(b) No Borrower shall sell, lease or otherwise dispose of or transfer any of its Equipment or any part thereof, whether in a single transaction or a series of related transactions, without the prior written consent of Lender other than (i) a disposition of Equipment that is no longer useful in any Borrower’s business so long as the aggregate fair market value or book value (whichever is greater) of all such dispositions by all Borrowers during the Term does not exceed the amount shown in Item 13 of the Terms Schedule, no Default or Event of Default exists at the time of such disposition and all proceeds thereof are remitted to Lender for application to the Obligations and (ii) a replacement of Equipment that is substantially worn, damaged or obsolete with Equipment of like kind, function and value, provided that the replacement Equipment shall be acquired within 30 days after any disposition of the Equipment that is to be replaced, the replacement Equipment shall be free and clear of Liens other than Permitted Liens that are not purchase money Liens, and Borrowers shall have given Lender at least 10 days prior written notice of such disposition.
(c) The Equipment is in good operating condition and repair, and all necessary replacements of and repairs thereto shall be made so that the value and operating efficiency of the Equipment shall be maintained and preserved, reasonable wear and tear excepted. Borrowers shall ensure that the Equipment shall be mechanically and structurally sound, capable of performing the functions for which the Equipment was originally designed, in accordance with the manufacturer’s published and recommended specifications. Borrowers will not permit any of the Equipment to become affixed to any real property leased to any Borrower so that an interest arises therein under applicable law unless the landlord of such real property has executed a Lien Waiver/Access Agreement in favor of and in form acceptable to Lender, and Borrowers will not permit any of the Equi...
Administration of Equipment. Borrower shall, and shall cause its Subsidiaries to, keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with this Agreement, and Borrower shall, and shall cause Guarantors to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often if reasonably requested by Agent. Promptly after the reasonable request therefore by Agent, Borrower shall deliver to Agent any and all evidence of ownership, if any, of any Equipment.
Administration of Equipment. 28 7.4. Borrowing Base Certificates.........................................................28
Administration of Equipment. Each Company shall keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with subsection 8.2.9 hereof.
Administration of Equipment. The Equipment necessary for the continued operation of Borrowers’ business is in good operating condition and repair, and all necessary replacements and repairs have been made so that Borrowers can continue the operation of their business.
Administration of Equipment. Each Borrower shall keep records of its Equipment (including, without limitation, all Patterns and Core Boxes) which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with subsection 8.2.9 hereof, and each Borrower shall, and shall cause each of its Subsidiaries to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often during the continuance of an Event of Default if reasonably requested by Agent. In addition to the foregoing, each Borrower shall furnish to Agent reporting on Patterns and Core Boxes concurrently with the delivery of each Borrowing Base Certificate described in subsection 8.1.4 or more frequently as reasonably requested by Agent, which reporting will be in such format and detail as Agent shall reasonably request and shall include a current list of all locations of such Borrower’s Patterns and Core Boxes. Promptly after the request therefor by Agent, each Borrower shall deliver to Agent any and all evidence of ownership, if any, of any of its Equipment.
Administration of Equipment a. County to administer domain operations
b. Replacement funding i. If County owned, county responsibility
ii. If customer owned, customer responsibility
c. Administration costs i. Included in customer rates for normal administration
