Common use of Keeping and Marking of Records and Books Clause in Contracts

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 8 contracts

Sources: Credit and Security Agreement (WestRock Co), Credit and Security Agreement (WestRock Co), Credit and Security Agreement (WestRock Co)

Keeping and Marking of Records and Books. (i) The Servicer Servicers will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer Servicers will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents Agent following the occurrence and during the continuance of an Amortization Event: Event (x) ▇▇▇▇ each Writing or Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Writings and Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security Writing or chattel paperContract) relating to the Receivables.

Appears in 6 contracts

Sources: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and the Servicer will cause each Originator to): (A) on or prior to the date hereofClosing Date, ▇▇▇▇ mark its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization EventEvent of Default: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 5 contracts

Sources: Credit and Security Agreement (Smithfield Foods Inc), First Amendment to Fifth Amended and Restated Credit and Security Agreement (Smithfield Foods Inc), Credit and Security Agreement (Smithfield Foods Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Administrative Agent and each Purchaser notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party Servicer will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAdministrative Agent and each Purchaser, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents Administrative Agent or any of the Purchasers following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all invoices included in the Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperinvoice) relating to the Receivables.

Appears in 4 contracts

Sources: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/)

Keeping and Marking of Records and Books. (i) The Servicer will (Seller will, and will cause each Originator the Originators to) , maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (Seller will, and will cause each Originator the Originators to) , give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (The Seller will, and will cause each Originator of the Originators to): , (Aa) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, reasonably acceptable to the AgentsAdministrative Agent, describing the Administrative Agent’s security interest in the Collateral Receivable Interests and (Bb) upon the request of the Agents following the occurrence of an Amortization EventAdministrative Agent: (xA) ▇▇▇▇ each Contract Invoice with a legend describing the Administrative Agent’s security interest Receivable Interests and (yB) deliver to the Administrative Agent all Contracts Invoices (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperInvoice) relating to the Receivables.

Appears in 4 contracts

Sources: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records reco▇▇▇ relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the reasonable request of the Agents Agent following the occurrence of an Amortization Event: , (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security interest Purchaser Intere▇▇▇ and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 3 contracts

Sources: Receivables Purchase Agreement (Metropolitan Edison Co), Receivables Purchase Agreement (Pennsylvania Power Co), Receivables Purchase Agreement (Pennsylvania Electric Co)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAdministrative Agent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Administrative Agent (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent a copy of all Contracts Contracts, provided that (1) if the Contract has been fully performed or (2) the Administrative Agent so requests following the occurrence of a Servicer Default or an Amortization Event, such Seller Party shall deliver to the Administrative Agent an original of such Contract (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 3 contracts

Sources: Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence and during the continuance of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 2 contracts

Sources: Credit and Security Agreement (Acuity Brands Inc), Credit and Security Agreement (Zep Inc.)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the Agent and the Managing Agents, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent or any Managing Agent (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Insight Enterprises Inc), Receivables Purchase Agreement (Insight Enterprises Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (Seller will, and will cause each the Originator to) , maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (Seller will, and will cause each the Originator to) , give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (The Seller will, and will cause each the Originator to): , (Aa) on or prior to the date hereof, mark ▇▇▇ its master data processing records and other books and records relating to the Loans Receivable Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Receivable Interests and (Bb) upon the request of the Agents following the occurrence of an Amortization EventAgent: (xA) mark ▇▇▇▇ each Contract h Invoice with a legend describing the Administrative Agent’s security interest Receivable Interests and (yB) deliver to the Administrative Agent all Contracts Invoices (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperInvoice) relating to the Receivables.

Appears in 2 contracts

Sources: Purchase Agreement (Yellow Corp), Receivables Purchase Agreement (Yellow Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each the Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each the Originator to) give the Agents Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each the Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAdministrative Agent, describing the Administrative Agent’s 's security interest interest, for the benefit of the Secured Parties, in the Collateral Purchased Assets and (B) upon the request of the Agents Administrative Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Airborne Inc /De/), Receivables Purchase Agreement (Airborne Inc /De/)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and the Servicer will cause each Originator to): (A) on or prior to the date hereofClosing Date, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization EventEvent of Default: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 2 contracts

Sources: Credit and Security Agreement (Smithfield Foods Inc), Credit and Security Agreement (Smithfield Foods Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, including records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A1) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAdministrative Agent, describing the Administrative Agent’s 's security interest in the Collateral and (B2) upon the request of the Agents Administrative Agent following the occurrence of an Amortization Event: (xA) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s 's security interest and (yB) deliver to the Administrative Agent all Contracts (including, without limitation, including all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 2 contracts

Sources: Credit and Security Agreement (Spherion Corp), Credit and Security Agreement (Spherion Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereofEffective Date, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent Servicer (if the Servicer is not ACBL) all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (American Commercial Lines LLC)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party Servicer will (and will cause each Originator to): ) (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of any of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all invoices included in the Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperinvoice) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (RPM International Inc/De/)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records re▇▇▇▇s relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security interest Purchaser Inte▇▇▇▇s and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Insight Enterprises Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence and during the continuation of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Equifax Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan PPL Electric Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents Agent within a reasonable time following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (PPL Electric Utilities Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each the Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan PPL Electric Party will (and will cause each the Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Agent within a reasonable time following the occurrence of an Amortization Event: (x1) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y2) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (PPL Electric Utilities Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each the Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each the Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each the Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x1) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y2) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Bell Microproducts Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and the Co-Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, mark ▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) mark ▇▇▇▇ each h Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Wolverine Tube Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records r▇▇▇▇ds relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence and during the continuance of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (National Service Industries Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and the Servicer will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization EventEvent of Default: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Smithfield Foods Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence and during the continuance of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Omnibus Amendment (WestRock Co)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, mar▇ ▇▇▇▇ its s master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) mar▇ ▇▇▇▇ each ch Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Unifi Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will each cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) mark ▇▇▇▇ each h Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Plexus Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification within one (1) Business Day of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) Event deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Universal Health Services Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend ▇▇▇▇nd describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (includingContracts, without limitation, including all multiple originals of any such Contract Contract, if any, constituting an instrument, a certificated security or chattel paper) paper relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Tower Automotive Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate prompt identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) m▇▇▇ each Contract constituting an instrument, chattel paper, or a certificated security under the UCC with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the ReceivablesReceivables to the extent any such Contract constitutes an instrument, chattel paper or a certificated security under the UCC.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Hanesbrands Inc.)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of Agent or any Lender Group Agent after an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Allied Waste Industries Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Lennox International Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract constituting an instrument, chattel paper, a negotiable document, a letter of credit or a certificated security (each as defined in the UCC) with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all such Contracts (including, without limitationif applicable, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) Contracts relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Adc Telecommunications Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating r▇▇▇▇ing to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s 's security interest inte▇▇▇▇ and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Wolverine Tube Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Eighth Amended and Restated Credit and Security Agreement (WestRock Co)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and the Co-Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s 's security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Wolverine Tube Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records reco▇▇▇ relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s A▇▇▇▇'s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Rock-Tenn CO)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Genlyte Group Inc)

Keeping and Marking of Records and Books. (i) The the Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate prompt identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Administrative Agent and each Purchaser notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party The Servicer will (and will cause each other Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ make a notation in its master data processing records and other books and records relating to the Loans with a legendReceivables, acceptable to the Agents, describing the Administrative Agent’s security interest , evidencing that the Receivables and related Contracts included in the Collateral Purchased Assets have been sold in accordance with the Agreement, and (B) upon the request of the Agents Administrative Agent following the occurrence and during the continuation of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all invoices included in the Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperinvoice) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Commercial Metals Co)

Keeping and Marking of Records and Books. (i) The Master Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Master Servicer will (and will cause each Originator to) give the Agents Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAdministrative Agent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Administrative Agent following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Louisiana Pacific Corp)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification within one (1) Business Day of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the Agents, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) Event deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Universal Health Services Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents following the occurrence of Agent or any Lender Group Agent after an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Allied Waste Industries Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each PurchaserManaging Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans PurchaserManaging Agent Interests with a legend, acceptable to the Agent and the PurchasersManaging Agents, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following the occurrence of an Amortization Event: Agent or any PurchaserManaging Agent (x) m▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Amendment (Insight Enterprises Inc)

Keeping and Marking of Records and Books. (i) The Master Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Master Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): ) (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Purchaser Interests with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchaser Interests and (B) upon the request of the Agents following Agent upon the occurrence and during the continuation of an Amortization Event or Potential Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest Purchaser Interests and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each the Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each the Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each the Originator to): (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence of an Amortization Event: (x1) m▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y2) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Bell Microproducts Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, m▇▇▇ its master data processing records and other books and records relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents following the occurrence of Agent or any Lender Group Agent after an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Allied Waste Industries Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records r▇▇▇▇ds relating to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents following Agent, after the occurrence of an Amortization Event: : (x1) ▇▇▇▇ mark each Contract with a legend describing the Administrative Agent’s security 's secur▇▇▇ interest and (y2) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Massey Energy Co)

Keeping and Marking of Records and Books. (i) The Servicer Such Originator will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer Such Originator will (and will cause each Originator to) give the Agents Buyer and the Administrative Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party Originator will (and will cause each Originator to): (A) on or prior to the date hereofon which it becomes a party to this Agreement, ▇▇▇▇ its master data processing records general ledger and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsBuyer and the Administrative Agent, describing the ownership interest of the Administrative AgentAgent (as the Buyer’s security interest assignee) in the Collateral Receivables, and (B) after the occurrence of a Termination Event and upon the request of the Agents following Buyer or the occurrence of an Amortization Event: Administrative Agent (x) ▇▇▇▇ each Contract that constitutes chattel paper, an instrument, a document of title or a certificated security with a legend describing the ownership interest of the Administrative AgentAgent (as the Buyer’s security interest assignee) in the Receivables, and (y) deliver to the Administrative Agent all Contracts that constitute chattel paper, an instrument, a document of title or a certificated security (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paperContract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Sale and Contribution Agreement (Pool Corp)

Keeping and Marking of Records and Books. (i) The Servicer Servicers will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer Servicers will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral and (B) upon the request of the Agents Agent following the occurrence and during the continuance of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Acuity Brands Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent and each Lender Group Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Party will (and will cause each Originator to): (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating ▇▇▇▇ting to the Loans with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s 's security interest in the Collateral and (B) upon the request of the Agents following the occurrence of Agent or any Lender Group Agent after an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) , deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Credit and Security Agreement (Allied Waste Industries Inc)

Keeping and Marking of Records and Books. (i) The Servicer will (and will cause each Originator to) maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the immediate identification of each new Receivable and all Collections of and adjustments to each existing Receivable). The Servicer will (and will cause each Originator to) give the Agents Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Loan Seller Party will (and will cause each Originator to): (A) on or prior to the date hereofEffective Date, ▇▇▇▇ its master data processing records and other books and records relating to standard monthly accounts receivable aging reports regarding the Loans Receivables with a legend, acceptable to the AgentsAgent, describing the Administrative Agent’s security interest in the Collateral Purchased Assets and (B) upon the request of the Agents Agent following the occurrence and during the continuance of an Amortization Event: (x) ▇▇▇▇ each Contract with a legend describing the Administrative Agent’s security interest and (y) deliver to the Administrative Agent all Contracts (including, without limitation, all multiple originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Actuant Corp)