Records Relating to Collateral. (a) The Borrower will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of the Borrower, itemizing and describing the kind, type and quantity of Inventory and the Borrower's cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral. (b) The Borrower will take a physical listing of all Inventory, wherever located, at least annually.
Appears in 4 contracts
Sources: Loan and Security Agreement (Airport Systems International Inc), Loan and Security Agreement (International Comfort Products Corp), Loan Agreement (International Comfort Products Corp)