Common use of Keeping of Records and Books of Account Clause in Contracts

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables.

Appears in 22 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

AutoNDA by SimpleDocs

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables Loans in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesLoans.

Appears in 18 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corporation), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Keeping of Records and Books of Account. The Borrower will (maintain or will direct the Servicer on behalf of the Borrower to) maintain cause to be maintained and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables Loans in the event of the destruction of the originals thereof), and keep and maintain or cause to be kept and maintained all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesLoans.

Appears in 15 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables the Contracts in the event of the destruction of the originals thereof), ) and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesTransferred Contracts (including records adequate to permit the daily identification of all collections of and adjustments to each Transferred Contract).

Appears in 10 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the documents relating to the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information information, reasonably necessary or reasonably advisable for the collection of all Receivablesproceeds of the Pledged Policies.

Appears in 9 contracts

Samples: Loan and Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (Imperial Holdings, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivablesor any portion of the Collateral.

Appears in 8 contracts

Samples: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Loan and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (Ares Capital Corp)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), ) and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivablesor any portion of the Collateral.

Appears in 5 contracts

Samples: Credit Agreement (CLST Holdings, Inc.), Revolving Credit Agreement (Sparta Commercial Services, Inc.), Credit Agreement (CLST Holdings, Inc.)

Keeping of Records and Books of Account. The To the extent not maintained and implemented by the Servicer, the Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records records, financial statements and other information reasonably necessary or advisable for the collection of all Receivables.. Such books and records shall include reports adequate to permit the daily identification of each new Receivable and all Collections of and adjustments to each existing Receivable. (e)

Appears in 4 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), 154304283v7 Loan Agreement (Lithia Motors Inc)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables.

Appears in 3 contracts

Samples: Warehouse Agreement (Flagship Credit Corp.), Loan and Security Agreement (DT Acceptance Corp), Credit Agreement (Santander Holdings USA, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and to keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivablesor any portion of the Collateral.

Appears in 3 contracts

Samples: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall maintain and implement (or cause the Servicer to maintain and implement) administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing the Receivables in the event of the destruction of the originals thereof), ) and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesTransferred Receivables (including, without limitation, records adequate to permit the daily identification of all collections of and adjustments to each Transferred Receivable).

Appears in 2 contracts

Samples: Receivables Financing Agreement (Arcadia Financial LTD), Receivables Financing Agreement (Firstcity Financial Corp)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivablesor any portion of the Collateral and the identification of the Collateral.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (North Haven Private Income Fund LLC)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables Contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesContracts.

Appears in 2 contracts

Samples: Note Purchase Agreement (NewStar Financial, Inc.), Note Purchase Agreement (NewStar Financial, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf Each of the Borrower to) and the Servicer will maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables (including, without limitation, records adequate to permit the daily identification of outstanding Unpaid Balances by Obligor and related debit and credit details of the Receivables).

Appears in 2 contracts

Samples: Credit and Security Agreement (Packaging Corp of America), Credit and Security Agreement (Packaging Corp of America)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an including, without limitation, the ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all the Contract Receivables.

Appears in 2 contracts

Samples: Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement or cause to be maintained and implemented administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Certificates in the event of the destruction of the originals thereof), . The Borrower will give the Deal Agent and keep each Liquidity Agent notice of any material change in the administrative and maintain all documents, books, records and other information reasonably necessary or advisable for operating procedures of the collection of all ReceivablesBorrower referred to in the previous sentence.

Appears in 1 contract

Samples: Certificate Funding Agreement (Credit Acceptance Corporation)

AutoNDA by SimpleDocs

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables Certificates in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables.

Appears in 1 contract

Samples: Certificate Funding Agreement (Credit Acceptance Corporation)

Keeping of Records and Books of Account. The Borrower will maintain (or will direct the Servicer on behalf of the Borrower tocause to be maintained) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing the Receivables in the event of the destruction of the originals thereof), ) and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesReceivables (including records adequate to permit the daily identification of all collections of and adjustments of each Receivable).

Appears in 1 contract

Samples: Business Associate Agreement (Community Health Systems Inc)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall --------------------------------------- maintain and implement (or cause the Servicer to maintain and implement) administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing the Receivables in the event of the destruction of the originals thereof), ) and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesTransferred Receivables (including, without limitation, records adequate to permit the daily identification of all collections of and adjustments to each Transferred Receivable).

Appears in 1 contract

Samples: Receivables Financing Agreement (Americredit Financial Services of Canada LTD)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivablesor any portion of the Collateral.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesReceivables and payments with respect to the ABS Assets.

Appears in 1 contract

Samples: Credit Agreement (Santander Holdings USA, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Accounts in the event of the destruction of the originals thereof), ) and keep and maintain all documents, books, records and other information reasonably necessary or advisable and consistent with reasonable business practices for the collection of all ReceivablesAccounts.

Appears in 1 contract

Samples: Security Agreement (Robotic Vision Systems Inc)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables Pledged Contracts in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesPledged Contracts.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing Receivables the Collateral in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable (as determined by the Servicer on behalf of the Borrower in accordance with the Credit and Collection Policy and the Servicing Standard) for the collection of all Receivablesor any portion of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Golub Capital BDC, Inc.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) maintain and implement administrative and operating procedures (including an ability to recreate records evidencing Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, records and other information reasonably necessary or advisable for the collection of all Receivables.all

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

Keeping of Records and Books of Account. The Borrower will (or will direct the Servicer on behalf of the Borrower to) shall --------------------------------------- maintain and implement (or cause the Servicer to maintain and implement) administrative and operating procedures (including including, without limitation, an ability to recreate records evidencing the Receivables in the event of the destruction of the originals thereof), ) and keep and maintain maintain, all documents, books, records and other information reasonably necessary or advisable for the collection of all ReceivablesTransferred Receivables (including, without limitation, records adequate to permit the daily identification of all collections of and adjustments to each Transferred Receivable) and Transferred ABS.

Appears in 1 contract

Samples: Receivables Financing Agreement (Americredit Corp)

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