Common use of SCHEDULES AND REPORTS Clause in Contracts

SCHEDULES AND REPORTS. (a) Borrowers shall provide to LaSalle compliance certificates in the form attached as Exhibit D and the periodic reports and other information and schedules described on Exhibit E at the times specified on Exhibit E. In addition, Borrowers shall furnish LaSalle with such other statements and reports as LaSalle may request from time to time, including, without limitation, providing the reports, information, and schedules listed on Exhibit E on a more frequent basis than specified on Exhibit E. (b) Borrowers shall immediately notify LaSalle of any event causing material loss or depreciation in value of the Collateral (other than normal depreciation occurring in the ordinary course of business). (c) All schedules, certificates, reports and assignments and other items delivered by Borrowers to LaSalle hereunder shall be executed by an authorized representative of Borrowers and shall be in such form and contain such information as LaSalle shall reasonably request.

Appears in 1 contract

Sources: Loan and Security Agreement (Omni Rail Products Inc)

SCHEDULES AND REPORTS. (a) Borrowers Borrower shall provide to LaSalle compliance certificates in the form attached as Exhibit D and the periodic reports and other information and schedules described on Exhibit E at the times specified on Exhibit E. In addition, Borrowers Borrower shall furnish LaSalle with such other statements and reports as LaSalle may request from time to time, including, without limitation, providing the reports, information, and schedules listed on Exhibit E on a more frequent basis than specified on Exhibit E. (b) Borrowers Borrower shall immediately notify LaSalle of any event causing material loss or depreciation in value of the Collateral (other than normal depreciation occurring in the ordinary course of business). (c) All schedules, certificates, reports and assignments and other items delivered by Borrowers Borrower to LaSalle hereunder shall be executed by an authorized representative of Borrowers Borrower and shall be in such form and contain such information as LaSalle shall reasonably request.

Appears in 1 contract

Sources: Loan and Security Agreement (Accom Inc)