Common use of ADDITIONAL OPTIONAL REQUIREMENTS Clause in Contracts

ADDITIONAL OPTIONAL REQUIREMENTS. Borrower agrees that the Administrative Agent may at its option at any time, whether or not Borrower is in default: A. Require Borrower to segregate all collections and proceeds of the Collateral so that they are capable of identification and deliver daily such collections and proceeds to the Administrative Agent in kind. B. Require Borrower to deliver to the Administrative Agent (i) copies of or extracts from the Books and Records, and (ii) information on any contracts or other matters affecting the Collateral. C. Examine the Collateral, including the Books and Records, and make copies of or extracts from the Books and Records, and for such purposes enter at any reasonable time upon the property where any Collateral or any Books and Records are located. D. Require Borrower to deliver to the Administrative Agent any instruments or chattel paper. E. Notify any account debtors, any buyers of the Collateral, or any other persons of the Administrative Agent’s interest in the Collateral. F. Require Borrower to direct all account debtors to forward all payments and proceeds of the Collateral to a post office box under the Administrative Agent’s exclusive control. G. Demand and collect any payments and proceeds of the Collateral. In connection therewith Borrower irrevocably authorizes the Administrative Agent to endorse or sign Borrower’s name on all checks, drafts, collections, receipts and other documents, and to take possession of and open the mail addressed to Borrower and remove therefrom any payments and proceeds of the Collateral.

ADDITIONAL OPTIONAL REQUIREMENTS. A. Borrower agrees that the Administrative Agent Bank may at its option at any time, whether or not Borrower is in defaultoption: A. Require Borrower to segregate all collections and proceeds of the Collateral so that they are capable of identification and deliver daily such collections and proceeds to the Administrative Agent in kind. B. (1) Require Borrower to deliver to the Administrative Agent Bank (i) copies of or extracts from the Books and Records, and (ii) information on any contracts or other matters affecting the Collateral. C. (2) Examine the Collateral, including the Books and Records, and make copies of or extracts from the Books and Records, and for such purposes enter at any reasonable time upon the property where any Collateral or any Books and Records are located. D. (3) Require Borrower to obtain Bank’s prior written consent to any sale, lease, agreement to sell or lease, or other disposition of any Collateral referred to in Paragraph 1.B above. B. Borrower agrees that Bank may at its option in the event of a default: (1) Require Borrower to segregate all collections and proceeds of the Receivables so that they are capable of identification and deliver daily such collections and proceeds to Bank in kind. (2) Require Borrower to deliver to the Administrative Agent Bank any Receivables evidenced by instruments or chattel paper. E. (3) Notify any account debtors, any buyers of the Collateral, or any other persons of the Administrative AgentBank’s interest in the Collateral. F. (4) Require Borrower to direct all account debtors to forward all payments and proceeds of the Collateral to a post office box under the Administrative AgentBank’s exclusive control. G. (5) Demand and collect any payments and proceeds of the Collateral. In connection therewith Borrower irrevocably authorizes the Administrative Agent Bank to endorse or sign Borrower’s name on all checks, drafts, collections, receipts and other documents, and to take possession of and open the mail addressed to Borrower and remove therefrom any payments and proceeds of the Collateral.

ADDITIONAL OPTIONAL REQUIREMENTS. Borrower agrees that the Administrative Agent Bank may at its option at any time, whether or not Borrower is in default: A. Require Borrower to segregate all collections and proceeds of the Collateral so that they are capable of identification and deliver daily such collections and proceeds to the Administrative Agent Bank in kind. B. Require Borrower to deliver to the Administrative Agent Bank (i) copies of or extracts from the Books and Records, and (ii) information on any contracts or other matters affecting the Collateral. C. Examine the Collateral, including the Books and Records, and make copies of or extracts from the Books and Records, and for such purposes enter at any reasonable time upon the property where any Collateral or any Books and Records are located. D. Require Borrower to deliver to the Administrative Agent Bank any instruments or chattel paper. E. Require Borrower to obtain Bank’s prior written consent to any sale, lease, agreement to sell or lease, or other disposition of any inventory. F. Notify any account debtors, any buyers of the Collateral, or any other persons of the Administrative AgentBank’s interest in the Collateral. F. G. Require Borrower to direct all account debtors to forward all payments and proceeds of the Collateral to a post office box under the Administrative AgentBank’s exclusive control. G. H. Demand and collect any payments and proceeds of the Collateral. In connection therewith Borrower irrevocably authorizes the Administrative Agent Bank to endorse or sign Borrower’s name on all checks, drafts, collections, receipts and other documents, and to take possession of and open the mail addressed to Borrower and remove therefrom any payments and proceeds of the Collateral.

ADDITIONAL OPTIONAL REQUIREMENTS. Borrower Grantor agrees that the Administrative Agent Lender may at its option at any time, whether or not Borrower Grantor is in default: A. (a) Require Borrower Grantor to segregate all collections and proceeds of the Collateral so that they are capable of identification and deliver daily such collections and proceeds to the Administrative Agent Lender in kind. B. (b) Require Borrower Grantor to deliver to the Administrative Agent Lender (i) copies of or extracts from the Books and Records, and (ii) information on any contracts or other matters affecting the Collateral. C. (c) Examine the Collateral, including the Books and Records, and make copies of or extracts from the Books and Records, and for such purposes enter at any reasonable time upon the property where any Collateral or any Books and Records are located. D. (d) Require Borrower Grantor to deliver to the Administrative Agent Lender any instruments or chattel paper. E. (e) Require Grantor to obtain Lender’s prior written consent to any sale, lease, agreement to sell or lease, or other disposition of any inventory. (f) Notify any account debtors, any buyers of the Collateral, or any other persons of the Administrative AgentLender’s interest in the Collateral. F. (g) Require Borrower Grantor to direct all account debtors to forward all payments and proceeds of the Collateral to a post office box under the Administrative Agent’s exclusive controllockbox account as Lender may specify, pursuant to a lockbox agreement in form and substance satisfactory to Lender, with a lockbox servicing agent acceptable to Lender. G. (h) Demand and collect any payments and proceeds of the Collateral. In connection therewith Borrower Grantor irrevocably authorizes the Administrative Agent Lender to endorse or sign BorrowerGrantor’s name on all checks, drafts, collections, receipts and other documents, and to take possession of and open the mail addressed to Borrower Grantor and remove therefrom any payments and proceeds of the Collateral.