Keeping and Marking of Records and Books. (i) Such Transferor will 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). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Transferor will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 5 contracts
Sources: Receivables Sale Agreement (WestRock Co), Receivables Sale Agreement (WestRock Co), Receivables Sale Agreement (Rock-Tenn CO)
Keeping and Marking of Records and Books. (i) Such Transferor will 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). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns)Buyer, describing Buyer▇▇▇▇▇’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): Buyer: (x) ▇▇▇▇ mark each Contract with a legend describing Buyer▇▇▇▇▇’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to such Receivables.
Appears in 4 contracts
Sources: Receivables Sale Agreement (Smithfield Foods Inc), First Amendment to Fifth Amended and Restated Credit and Security Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 3 contracts
Sources: Receivables Sale Agreement, Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement (Patterson Companies, Inc.)
Keeping and Marking of Records and Books. (i) Such Transferor will 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). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns)Buyer, describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): Buyer: (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to such Receivables.
Appears in 3 contracts
Sources: Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or and its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records ▇▇▇ords relating to the Receivables with a legend, acceptable to Buyer (or and its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the reasonable request of Buyer (or its assigns): ) following the occurrence of a Termination Event, (x) ▇▇▇▇ mark each Contract with a legend describing Buyer’s ownership interests 's ownersh▇▇ ▇nterests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 3 contracts
Sources: Receivables Sale Agreement (Pennsylvania Power Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co)
Keeping and Marking of Records and Books. (i) Such Transferor Original Seller will 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). Such Transferor Original Seller will give Buyer Interface (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Original Seller will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records ▇▇▇ords relating to the Receivables of such Original Seller with a legend, acceptable to Buyer Interface (or its assigns), describing Buyer’s Interface's and SPV's ownership interests in the Receivables and further describing the security interest of the Administrative Agent Administrator (on behalf of the LendersLender and its assigns) under the Credit and Security Loan Agreement and (B) upon the request of Buyer Interface (or its assigns): (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, (x) mark each Contract with a legend describing Interface's and ▇▇▇'s ownership interests in the Receivables of such Original Seller and further describing the security interest of the Administrator (on behalf of Lender) and (y) deliver to Buyer Interface (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor ASP will 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). Such Transferor ASP will give Buyer (or and the Agent, as its assignsassignee) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor ASP will (A) on or prior to the date hereofEffective Date, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and the Agent, as its assignsassignee), describing Buyer’s ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or the Agent, as its assigns): assignee) and when a Termination Event is in existence: (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or the Agent, as its assignsassignee) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Sources: Receivables Sale and Contribution Agreement (Acuity Brands Inc)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ mark each Contract with a legend describing Buyer▇▇▇▇▇’s ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Asset Portfolio of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Sources: Receivables Sale Agreement (Patterson Companies, Inc.)
Keeping and Marking of Records and Books. (i) Such Transferor will 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). Such Transferor will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): (x) ▇▇▇▇ mark each Contract with a legend describing Buyer▇▇▇▇▇’s ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence and continuance of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Sources: Omnibus Amendment (WestRock Co)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor . Originator will (A) on or prior to the date hereofClosing Date, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest of the Administrative Agent Administrator (on behalf of the LendersSecured Parties) under the Credit and Security Loan Agreement and (B) upon the request of Buyer (or its assigns): ) from and after the occurrence of a Termination Event: (x) ▇▇▇▇ each Contract invoice evidencing any Receivable with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor thereof and further describing the security interest of the Administrative Agent Administrator (on behalf of the LendersLender and its assigns) and (y) at any time after the occurrence Originator (or one of a Termination Eventits Affiliates) is no longer acting as Servicer, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor The Originator will 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). Such Transferor The Originator will give the Buyer (or and its assigns) assignees notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor The Originator will (Aa) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to the Buyer (or and its assigns)assignees, describing Buyer’s the ownership interests in interest of the Receivables Buyer therein and further describing the interest interests of the Administrative Agent (on behalf any of the Lenders) its assignees under the Credit and Security Agreement any Permitted Financing, and (Bb) upon the request of the Buyer (or its assigns): assignees following a Sub-Servicer Default:
(x1) ▇▇▇▇ each Contract (other than sales receipts) with a legend describing Buyer’s the ownership interests in the Receivables originated by such Transferor and further describing the interest of the Administrative Agent (on behalf Buyer and the interests of the Lenders) any of its assignees under any Permitted Financing and (y2) after the occurrence of a Termination Event, deliver to the Buyer (or its assigns) assignees all Contracts (including, without limitation, all multiple originals in the Originator's possession of any such ContractContract which constitutes an instrument, a letter of credit or chattel paper) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or and its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Sources: Receivables Sale Agreement (Lennox International Inc)
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables of such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by of such Transferor Originator and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Seller will 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). Such Transferor Seller will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Seller will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating including aged trial balance with respect to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest in the Receivable of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or its assigns): ) made at any time when a Termination Event has occurred and is continuing: (x) ▇▇▇▇ each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest security interests in the Receivable of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Seller will 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). Such Transferor Seller will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor will Seller will: (A) on or prior to the date hereofPurchase Date, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s ownership interests in the Receivables and further describing the interest of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Receivables Purchase Agreement and (B) upon the request of Buyer (or its assigns): ) following the occurrence of a Termination Event, (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests interest in the Receivables originated by such Transferor and further describing the interest interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables and all instruments, securities and chattel paper now or hereafter evidencing any of the Receivables), duly endorsed to Buyer.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereofEffective Date, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Receivables Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Sources: Receivables Sale Agreement (American Commercial Lines LLC)
Keeping and Marking of Records and Books. (i) Such Transferor It will 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). Such Transferor It will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor It will (A) on or prior to the date hereofInitial Cutoff Date, mark its master data proce▇▇▇▇ its master data processing ▇g records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Investor Interests of the Administrative Deal Agent (on behalf of the LendersInvestors) under the Credit and Security Purchase Agreement and (B) when a Termination Event or an Amortization Event exists, upon the request of Buyer (or its assigns): (x) ▇▇▇▇ ), mark each Contract with a legend describing de▇▇▇▇bing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Investor Interests of the Administrative Deal Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such ReceivablesInvestors).
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records re▇▇▇▇s relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the security interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement LFA and (B) upon the request of Buyer (or its assigns): ) following the occurrence and during the continuance of a Termination Event, (x) ▇▇▇▇ mark each Contract with a legend describing Buyer’s 's ownership interests ▇▇▇▇rests in the Receivables originated by such Transferor and further describing the security interest of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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 (or will cause the Custodian to 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (Aa) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (Bb) upon the request of Buyer (or its assigns): ), (x) ▇▇▇▇ each Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer the Custodian all Receivable Documents (or its assigns) all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇mark ▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ), (x) mark ▇▇▇▇ each h Contract with a legend describing Buyer’s 's ownership interests in the Receivables originated by such Transferor and further describing the interest Purchaser Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor It will 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). Such Transferor It will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor It will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records re▇▇▇▇s relating to the Receivables with a legend, reasonably acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersSecured Parties) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ):
(x1) ▇▇▇▇ mark each Contract with a legend describing Buyer’s 's ownership interests ▇▇▇▇rests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersSecured Parties) and (y2) after the occurrence of a Termination Event, deliver assemble and make available to Buyer (or its assigns) at its sole expense all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
Appears in 1 contract
Keeping and Marking of Records and Books. (i) Such Transferor Originator will 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). Such Transferor Originator will give Buyer (or its assigns) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor Originator will (A) on or prior to the date hereof, ▇▇▇▇ mark its master data processing records and other books and records relating r▇▇▇▇ing to the Receivables originated by such Originator with a legend, acceptable to Buyer (or its assigns), describing Buyer’s 's ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersPurchasers) under the Credit and Security Purchase Agreement and (B) upon the request of Buyer (or its assigns): ) following the occurrence of a Termination Event: (x) ▇▇▇▇ mark each Contract with a legend describing Buyer’s 's ownership interests in interes▇▇ ▇n the Receivables originated by such Transferor Originator and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the LendersPurchasers) and (y) after the occurrence of a Termination Event, deliver to Buyer (or its assigns) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such Receivables.
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Keeping and Marking of Records and Books. (i) Such Transferor ALG will 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). Such Transferor ALG will give Buyer (or and the Agent, as its assignsassignee) notice of any material change in the administrative and operating procedures referred to in the previous sentence.
(ii) Such Transferor ALG will (A) on or prior to the date hereof, ▇▇▇▇ its master data processing records and other books and records relating to the Receivables with a legend, acceptable to Buyer (or and the Agent, as its assignsassignee), describing Buyer’s ownership interests in the Receivables and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement and (B) upon the request of Buyer (or the Agent, as its assigns): assignee) and when a Termination Event is in existence: (x) ▇▇▇▇ each Contract with a legend describing Buyer’s ownership interests in the Receivables originated by such Transferor and further describing the interest Receivable Interests of the Administrative Agent (on behalf of the Lenders) and (y) after the occurrence of a Termination Event, deliver to Buyer (or the Agent, as its assignsassignee) all Contracts (including, without limitation, all multiple originals of any such Contract) relating to such the Receivables.
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Sources: Receivables Sale and Contribution Agreement (Acuity Brands Inc)