Common use of Administration of Equipment Clause in Contracts

Administration of Equipment. Borrower shall, and shall cause its Subsidiaries to, keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with this Agreement, and Borrower shall, and shall cause Guarantors to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often if reasonably requested by Agent. Promptly after the reasonable request therefore by Agent, Borrower shall deliver to Agent any and all evidence of ownership, if any, of any Equipment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mobile Mini Inc), Loan and Security Agreement (Mobile Mini Inc)

AutoNDA by SimpleDocs

Administration of Equipment. Borrower shall, and shall cause its Subsidiaries to, keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with this Agreementsubsection 8.2.9 hereof, and Borrower shall, and shall cause Guarantors each of its Subsidiaries to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often if reasonably requested by Agent. Promptly after the reasonable request therefore therefor by Agent, Borrower shall deliver to Agent any and all evidence of ownership, if any, of any of its Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Woods Equipment Co)

Administration of Equipment. Borrower shall, and shall cause its Subsidiaries to, keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with this Agreement, and Borrower shall, and shall cause Guarantors to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often if reasonably requested by Agent. Promptly after the reasonable request therefore therefor by Agent, Borrower shall deliver to Agent any and all evidence of ownership, if any, of any Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Mobile Mini Inc)

AutoNDA by SimpleDocs

Administration of Equipment. Each Borrower shall, and shall cause its Subsidiaries to, keep records of its Equipment which shall be complete and accurate in all material respects itemizing and describing the kind, type, quality, quantity and book value of its Equipment and all dispositions made in accordance with this Agreementsubsection 8.2.9 hereof, and each Borrower shall, and shall cause Guarantors each of its Subsidiaries to, furnish Agent with a current schedule containing the foregoing information on at least an annual basis and more often during the continuance of an Event of Default if reasonably requested by Agent. Promptly after the reasonable request therefore therefor by Agent, each Borrower shall deliver to Agent any and all evidence of ownership, if any, of any of its Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Deeter Foundry Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.