Common use of Collection Reports Clause in Contracts

Collection Reports. So long as Debtor shall administer Contracts, Debtor shall maintain books and records pertaining to all such Contracts. Debtor will provide to Secured Party, on or before the 15th day of each month, a report in the form attached hereto as Exhibit F, as of the preceding month, concerning Contracts assigned to Secured Party under this Agreement, and Equipment related thereto. Subject to the limitations in Section 6(c) hereinabove, Debtor shall give Secured Party and its representatives during normal business hours and upon reasonable notice, access to all records, files, books of account, databases and information pertaining to all Contracts and Payments which are the subject of Loans made pursuant to this Agreement and shall permit such representatives to inspect, audit, and to make extracts there from.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp), Revolving Credit Agreement (Resource America Inc)