Common use of Maintenance of Records Generally Clause in Contracts

Maintenance of Records Generally. Grantor shall keep and maintain at its own cost and expense complete and accurate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all in a manner consistent with the Grantor’s past practice. For each Lender’s further security, the Grantor agrees that upon the occurrence and during the continuation of any Event of Default, the Grantor shall deliver and turn over any such books and records directly to the Lenders or their designee. The Grantor shall permit any representative of either Lender to inspect such books and records and shall provide photocopies thereof to either Lender upon such Lender’s reasonable request.

Maintenance of Records Generally. Grantor shall keep and maintain at its own cost and expense complete and accurate records of the Collateral, including, without limitation, a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral, all in a manner consistent with the Grantor’s past practice. For each the Lender’s further security, the Grantor agrees that upon the occurrence and during the continuation of any Event of Default, the Grantor shall deliver and turn over any such books and records directly to the Lenders Lender or their its designee. The Grantor shall permit any representative of either the Lender to inspect such books and records and shall provide photocopies thereof to either the Lender upon such the Lender’s reasonable request.