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

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue to identify in its general ledger a legend, reasonably acceptable by the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Avnet Inc), Receivables Purchase Agreement (Avnet Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger and master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 2 contracts

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

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in its general ledger the date hereof, cause all Receivable reports relating to the Purchaser Interests to bear a legend, reasonably acceptable by the to each Managing Agent, describing the Purchaser Interests and (B) upon from and after the request occurrence of the Agent an Amortization Event (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Anixter International Inc), Receivables Purchase Agreement (Anixter International Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue to identify in its general ledger a legend, reasonably acceptable by the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Avnet Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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 Receiv-▇▇▇▇▇ (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 give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) at any time after the occurrence of a Potential Amortization Event, deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Energizer Holdings Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) at any time after the occurrence of a Potential Amortization Event, deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Energizer Holdings Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, mark its general ledger master data processing records and other books and records relating to the Pur▇▇▇▇er Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Puget Sound Energy Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence.. ▇▇▇▇▇▇▇▇▇ RECEIVABLES PURCHASE AGREEMENT (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Patterson Dental Co)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent Purchaser notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger and master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the AgentPurchaser, describing the Purchaser Interests and (B) upon the request of the Agent Purchaser (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent Purchaser all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Torchmark Corp)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the each Managing Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in its general ledger the date hereof, cause all Receivable reports relating to the Purchaser Interests to bear a legend, reasonably acceptable by the to each Managing Agent, describing the Purchaser Interests and (B) upon from and after the request occurrence of the Agent an Amortization Event (x) mark each Contract with a legend describing the Purchaser Interests Int▇▇▇▇ts and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Anixter International Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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 will 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Originating Party will (Aa) continue on or prior to identify in the date hereof, ▇▇▇▇ its general ledger master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (Bb) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent Custodian all Contracts (including, without limitation, including all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Trendwest Resorts Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue to identify in its general ledger a legend, reasonably acceptable by the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark m▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Avnet Inc)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) . Such Seller Party will (A) continue on or prior to identify in May 10, 2002, ▇▇▇▇ its general ledger master data processing records and other books and records relating to the Purchaser Interests with a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon the request of the Agent (x) mark ▇▇▇▇ each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Patterson Companies, Inc.)

Keeping and Marking of Records and Books. (i) The Servicer 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). The Servicer will give the Agent notice of any material change in the administrative and operating procedures referred to in the previous sentence. (ii) Such Seller Party will (A) continue on or prior to identify in its general ledger the date hereof, cause all Receivable reports relating to the Purchaser Interests to bear a legend, reasonably acceptable by to the Agent, describing the Purchaser Interests and (B) upon from and after the request occurrence of the Agent an Amortization Event (x) mark each Contract with a legend describing the Purchaser Interests and (y) deliver to the Agent all Contracts (including, without limitation, all multiple originals of any such Contract) relating to the Receivables.

Appears in 1 contract

Sources: Purchase Agreement (Anixter International Inc)