Receivables Reports Clause Samples

Receivables Reports. The Servicer agrees to provide to Agent and Lender Group Agents notice of: (i) any material delay in the Originator’s or Servicer’s performance of any of its obligations to any Obligor or the assertion of any material claims, offsets, defenses or counterclaims by any Obligor, or any material disputes with Obligors, or any material settlement, adjustment or compromise thereof, (ii) all material adverse information known to the Servicer relating to the financial condition of any Obligor and (iii) any event or circumstance which, to the Servicer’s knowledge, would be reasonably likely to cause Agent to consider any then existing Receivable as no longer constituting an Eligible Receivable. No credit, discount, allowance or extension, or agreement with respect to any credit, discount, allowance or extension, shall be granted by the Servicer to any Obligor without the Agent’s consent, except in the ordinary course of the Servicer’s business consistent with the practices of the Servicer as of the date hereof and as to any such agreement so long as the Agent and the Lender Group Agents shall have received notice thereof to the extent required hereunder.

Receivables Reports. The Servicer shall prepare and forward to the Administrator (a) on each Monthly Reporting Date, a Monthly Report and an electronic file of the data contained therein, (b) at such times as the Administrator may request upon reasonable advance notice, a listing by Obligor of all Receivables together with an aging of such Receivables, (c) on the last Business Day of each month from June through and including November, a Collateral Certificate as of the 15th day of such month and an electronic file of the data contained therein, if the Seller requests a Purchase during such month and has not delivered a Collateral Certificate or a Monthly Report within the two weeks preceding the proposed Purchase Date and (d) on the day two (2) Business Days after the request of the Administrator during the months of June through and including November, a Collateral Certificate as of the 15th day of such month and an electronic file of the data contained therein; provided, however, that the Administrator’s request under this Section 8.5(d) shall be limited to no more than one per month.

Receivables Reports. Within the period provided in paragraph (a) above with respect to the second fiscal quarter in each fiscal year of the Company and within the period provided in paragraph (b) above with respect to each fiscal year of the Company, a report with respect to accounts receivable of the Company and its Restricted Subsidiaries providing information regarding delinquencies, repossessions and charge-offs. Without limiting the foregoing, the Company will permit you, so long as you are the holder of any Note, and each institutional holder of the then outstanding Notes who is not a Competitor (or such Persons as either you or such holder may designate), to visit and inspect any of the properties of the Company or any Subsidiary, to examine all their books of account, records, reports and other papers, to make copies and extracts therefrom, and to discuss their respective affairs, finances and accounts with their respective officers, employees, and independent public accountants (and by this provision the Company authorizes said accountants to discuss with you the finances and affairs of the Company and its Subsidiaries) all at such reasonable times and as often as may be reasonably requested. The Company shall not be required to pay or reimburse you or any such holder for expenses which you or such holder may incur in connection with any such visitation or inspection so long as no Default or Event of Default shall have occurred and be continuing.

Receivables Reports. Effective immediately upon the sale of the Purchased Assets hereunder and payment of the Purchase Price, the Purchaser shall have the right to receive the Receivables Reports pursuant to the Counterparty Agreement in accordance with the Counterparty Consent, provided that the Seller shall also retain the right to receive the Receivables Reports directly from the Counterparty and, if requested, from the Purchaser.

Receivables Reports. The Servicer shall prepare and forward to the Administrator (a) on each Monthly Reporting Date, a Monthly Report and an electronic file of the data contained therein, (b) at such times as the Administrator may request upon reasonable advance notice, a listing by Obligor of all Receivables together with an aging of such Receivables, (c) on the last Business Day of each month from June through and including November, a Collateral Certificate as of the 15th day of such month and an electronic file of the data contained therein; provided, however, that no Collateral Certificate shall be due in any such month when no Invested Amount is outstanding unless the Seller requests a Purchase during such month and has not delivered a Collateral Certificate or a Monthly Report within the two weeks preceding the proposed Purchase Date, and (d) upon the occurrence of a Weekly Reporting Event, a Weekly Collateral Certificate showing calculations as of the end of each prior week on each Weekly Reporting Date. (g) Section 9.1(f) of the Receivables Purchase Agreement is hereby amended in its entirety and as so amended shall read as follows:

Receivables Reports. (a) On Thursday of each week hereafter beginning September 5, 1996 (or, if any such Thursday is not a Business Day, the next following Business Day), the Servicer shall prepare and forward to the Agent a Weekly Report. (b) On the 15th day of each month hereafter (or, if such date is not a Business Day, the next following Business Day), and at such other times as the Agent shall request, the Servicer shall prepare and forward to the Agent a Monthly Report. (c) Promptly following any request therefor by the Agent, the Seller shall prepare and provide to the Agent a listing by Obligor of all Receivables together with an aging of such Receivables.

Receivables Reports. Within 25 days of the end of each calendar month, a monthly report regarding receivables (including without limitation, a list of payors and the amounts owning by each, receivables allocated by category and by Loan Party, performance data (including a comparison of gross to net income), an aging report reconciled to the report for the prior month and to the plan for the month and a bad debt expense report all substantially in the form of EXHIBIT 5.1(xix);

Receivables Reports. Not later than the 20th of each month hereafter (or, if the 20th of any month is not a Business Day, on the next succeeding Business Day), and at such other times as any Agent shall reasonably request, the Servicer shall prepare and forward to the Agents a Monthly Report.

Receivables Reports. The Servicer shall prepare and forward to the Administrator (a) on each Monthly Reporting Date, a Monthly Report and an electronic file of the data contained therein, (b) at such times as the Administrator may request upon reasonable advance notice, a listing by Obligor of all Receivables together with an aging of such Receivables, and (c) on the last Business Day of each month from June through and including November, a Collateral Certificate as of the 15th day of such month and an electronic file of the data contained therein; provided, however, that no Collateral Certificate shall be due in any such month when no Invested Amount is outstanding unless the Seller requests a Purchase during such months and has not delivered a Collateral Certificate or a Monthly Report within the two weeks preceding the proposed Purchase Date.