Assignments, Records and Schedules of Accounts. If requested to do so by Lender, Borrower shall execute and deliver to Lender formal written assignments of all of its Accounts weekly (or, if requested by Lender, daily), together with copies of invoices or invoice registers related thereto. Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Lender on a daily basis a sales and collections report for the preceding day, in form satisfactory to Lender. On or before the fifteenth day of each month from and after the date hereof, Borrower shall deliver to Lender, in form satisfactory to Lender, a detailed aged trial balance of all Accounts existing as of the last day of the preceding month, specifying the names, addresses, face value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"), and, upon Lender's request therefor, copies of proof of delivery and the original copy of all documents, including, without limitation, repayment histories and present status reports relating to the Accounts so scheduled and such other matters and information relating to the status of then existing Accounts as Lender shall reasonably request. If any amounts due and owing in excess of $50,000 are in dispute between Borrower and any Account Debtor, Borrower shall provide Lender with written notice thereof at the time of submission of the next Schedule of Accounts, explaining in detail the reason for the dispute, all claims related thereto and the amount in controversy.
Assignments, Records and Schedules of Accounts. Each Grantor shall keep accurate and complete records of its Accounts ("Account Records") and from time to time at intervals designated by the Agent (but not more frequently than monthly) such Grantor shall provide the Agent with a schedule of Accounts in form and substance acceptable to the Agent describing all Accounts created or acquired by such Grantor ("Schedule of Accounts"); provided, however, that such Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Agent's security interest or other rights in and to any Accounts for the benefit of the Secured Parties. If requested by the Agent, each Grantor shall furnish the Agent with copies of proof of delivery and other documents relating to the Accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing Accounts as the Agent shall request. No Grantor shall remove any Account Records or Account Documents or change its chief executive offices from the locations set forth in Exhibit A hereto without 30 days prior written notice to the Agent as provided in Section 28 hereof and delivery to the Agent by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary in the determination of the Agent to maintain the security interests granted hereunder.
Assignments, Records and Schedules of Accounts. Pledgor shall keep accurate and complete records of its Accounts ("Account Records") and, upon Secured Party's request from time to time at intervals acceptable to Secured Party, Pledgor shall reasonably provide Secured Party and each Lender with a Schedule of Accounts in form and substance reasonably acceptable to the Secured Party describing all Accounts created or acquired by such Pledgor ("Schedule of Accounts") and shall at the request of Secured Party execute and deliver further written assignments of such Accounts to Secured Party; provided however, that Pledgor's failure to execute and deliver any such Schedule of Accounts or assignments shall not affect or limit Secured Party's security interest or other rights in and to any Accounts. If requested by Secured Party, Pledgor shall furnish Secured Party with copies of proof of delivery of invoices and the original copy of all documents, including, without limitation, repayment histories and present status reports, relating to the Accounts so scheduled (collectively, "Account Documents") and such other matter and information relating to the status of then existing Accounts as Secured Party shall reasonably request.
Assignments, Records and Schedules of Accounts. Borrower shall keep accurate and complete records of its Accounts (“Account Records”) and from time to time, at intervals designated by Lender, Borrower shall provide Lender with a schedule (each, a “Schedule of Accounts”) of Account Records in form and substance reasonably acceptable to Lender describing all Collateral created or acquired by Borrower; provided, however, that Borrower’s failure to execute and deliver any Schedule of Accounts shall not affect or limit the Security Interest or Lender's other rights in and to any Collateral for the benefit of Lender. If requested by Lender, Borrower shall furnish Lender with copies of proof of delivery and other documents relating to the Collateral so scheduled, including, without limitation, repayment histories and present status reports (collectively, “Account Documents”) and such other matter and information relating to the status of then existing Collateral as Lender shall reasonably request. Borrower shall not remove any Account Records or Account Documents or change its chief executive offices from the address set forth on Schedule A to this Agreement without 30 days prior written notice to Lender as provided in section 16 and delivery to Lender by Borrower prior to such removal of executed financing statements, amendments and other documents necessary to maintain the Security Interest as granted under this Agreement.
Assignments, Records and Schedules of Accounts. On or before the thirtieth (30th) calendar day of each month from and after the date of this Agreement, the Company shall deliver to the Bank, in form and substance acceptable to the Bank, a summary aged trial balance of the Company's Accounts Receivables dated as of the last day of the preceding month (and upon the Bank's request, a detailed aged trial balance, of all then existing Accounts Receivable specifying the names, face value and dates of invoices for each Account Debtor obligated on an Account Receivable so listed). In addition, upon the Bank's request, the Company shall furnish the Bank with copies of proof of delivery and the original copy, if available, of all documents relating to the Accounts Receivable including, but not limited to, repayment histories and present status reports, and such other matters and information relating to the status of then existing Accounts Receivable as the Bank shall reasonably request. If, upon the occurrence of an Event of Default, the Bank so requests, the Company shall execute and deliver to the Bank, on forms supplied by the Bank and at such intervals as the Bank may from time to time require, written assignments of all of its Accounts after shipment of the subject goods, together with copies of invoices and/or invoice registers related thereto.
Assignments, Records and Schedules of Accounts. The Grantor shall keep accurate and complete records of its accounts ("Account Records") and from time to time at intervals designated by the Secured Parties the Grantor shall provide the Secured Parties with a schedule of accounts in form and substance acceptable to the Secured Parties describing all accounts created or acquired by the Grantor ("Schedule of Accounts"); provided, however, that the Grantor's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Parties' security interest or other rights in and to any accounts. If requested by the Secured Parties, the Grantor shall furnish the Secured Parties with copies of proof of delivery and other documents relating to the accounts so scheduled, including without limitation repayment histories and present status reports (collectively, "Account Documents") and such other matter and information relating to the status of then existing accounts as the Secured Parties shall request. The Grantor shall not remove any Account Records or Account Documents or change its chief executive offices from 0000 Xxxxxxxx Xxxxxx, 0xx Xxxxx Xxxxxxx, XX, Xxxxxx X0X 0X0 (the "Chief Executive Office") hereto without 30 days prior written notice to the Secured Parties as provided in Section 21 hereof and delivery to the Secured Parties by the applicable Grantor prior to such removal of executed financing statements, amendments and other documents necessary to maintain the security interests granted hereunder.
Assignments, Records and Schedules of Accounts. Each Borrower shall execute and deliver to Lender, on forms supplied by Lender and no less frequently than once a week, written assignments of all of its Accounts after shipment of the subject goods, together with copies of invoices and/or invoice registers related thereto as Lender may from time to time request and, on or before the last day of each month from and after the date hereof, each Borrower shall deliver to Lender, in form and substance acceptable to Lender, a detailed aged trial balance, dated as of the last day of the preceding month, of all then existing Accounts specifying the names, face value and dates of invoices for each Account Debtor obligated on an Account so listed. In addition, each Borrower shall, upon Lender's request, furnish Lender with copies of proof of delivery and the original copy of all documents relating to the Accounts, including, without limitation, repayment histories and present status reports, relating to the Accounts and such other matters and information relating to the status of then existing Accounts as Lender shall reasonably request.
Assignments, Records and Schedules of Accounts. From time to time at intervals designated by Lender, Borrower shall provide Lender with Schedules of Accounts describing all Accounts created or acquired by Borrower and shall execute and deliver written assignments of such Accounts to Lender; provided, however, that Borrower's failure to execute and deliver such Schedules of Accounts or assignments shall not affect or limit Lender's security interest or other rights in and to any Accounts. If requested by Lender, Borrower shall furnish Lender with copies of proof of delivery and the original copy of all documents, including, without limitation, repayment histories and present status reports, relating to the Accounts so scheduled and such other matter and information relating to the status of then existing Accounts as Lender shall reasonably request.
Assignments, Records and Schedules of Accounts. If requested to do so by Lender, Borrower shall execute and deliver to Lender formal written assignments of all of its Accounts weekly (or, if requested by Lender, daily), together with copies of invoices or invoice registers related thereto. Borrower shall keep accurate and complete records of its Accounts and all payments and collections thereon and shall submit to Lender on a daily basis a sales and collections report for the preceding day, in form satisfactory to Lender. On or before the fifteenth day of each month from and after the date hereof, Borrower shall deliver to Lender, in form satisfactory to Lender, a detailed aged trial balance of all Accounts existing as of the last day of the preceding month, specifying the names, addresses, face value, dates of invoices and due dates for each Account Debtor obligated on an Account so listed ("Schedule of Accounts"),
Assignments, Records and Schedules of Accounts. Each Borrower shall keep accurate and complete records of its Accounts ("Account Records") in accordance with GAAP and from time to time at intervals reasonably designated by the Secured Party, it shall provide the Secured Party with a Schedule of Accounts in form and substance acceptable to the Secured Party describing all Accounts created or acquired by it ("Schedule of Accounts"); provided, however, that any Borrower's failure to execute and deliver any such Schedule of Accounts shall not affect or limit the Secured Party's security interest or other rights in and to any Accounts. Upon request, each Borrower shall furnish the Secured Party with copies of proof of shipment and delivery and copies of all documents, including, without limitation, copies of invoices, repayment histories and present status reports, relating to the Accounts so scheduled (collectively, "Accounts Documents") and such other matters and information relating to the status of then existing Accounts as the Secured Party shall reasonably request. No Borrower shall remove any Accounts Records or Accounts Documents from the locations set forth on Schedule 1 hereto.
