Common use of Offices, Records and Books of Account Clause in Contracts

Offices, Records and Books of Account. Keep each of the Loan Party’s principal place of business and chief executive office and the office where it keeps its records concerning the Receivables, Inventory and the Collateral at the address set forth in Section 11.01 or, upon 30 days’ prior notice to the Collateral Manager (with a copy to the Administrative Agent), at any other locations in jurisdictions where all actions reasonably requested by the Collateral Manager or otherwise necessary to protect, perfect and maintain the Collateral Agent’s interest in the Collateral (including the Receivables and Inventory) and all proceeds thereof have been taken and completed. Each of the Loan Parties shall keep its books and accounts in accordance with GAAP and shall not make any notation on its books and records, including any computer files, that is inconsistent with the collateral assignment of the Receivables and Inventory to the Collateral Agent. The Loan Parties shall maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables, Inventory and related 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 collecting all Receivables and Inventory (including, without limitation, records adequate to permit the daily identification of each Receivable and element of Inventory and all Collections of and adjustments to each existing Receivable and element of Inventory) and for providing the Receivable Information.

Offices, Records and Books of Account. Keep each of the Loan Party’s It will keep its principal place of business and chief executive office and the office where it keeps its records concerning the Receivables, Inventory and the Collateral at the address set forth in Section 11.01 under its name on the signature pages to the Agreement, and will keep its records concerning the Collateral and the Batch Receivables at the address of NMHC set forth on NMHC's signature page to the Agreement or, upon 30 days’ ' prior notice Written Notice to the Collateral Manager (with a copy to the Administrative Agent)Purchaser, at any other locations in jurisdictions where all actions reasonably requested by the Collateral Manager Purchaser or otherwise necessary to protect, perfect and maintain the Collateral Agent’s Purchaser's security interest in the Collateral (including the Receivables and Inventory) and all proceeds thereof have been taken and completed. Each of the Loan Parties It shall keep its books and accounts in accordance with GAAP and shall not make any a notation on its books and records, including any computer files, that is inconsistent with to indicate which Receivables have been sold or contributed to the collateral assignment Purchaser and the security interest of the Purchaser in the Collateral and its Receivables and Inventory not sold or contributed to the Collateral AgentPurchaser. The Loan Parties It shall maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables, Inventory Receivables and related 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 collecting all Batch Receivables and Inventory (including, without limitation, records adequate to permit the daily identification of each Batch Receivable and element of Inventory and all Collections of and adjustments to each existing Receivable and element of InventoryBatch Receivable) and for providing the Receivable Information.

Offices, Records and Books of Account. Keep each of the Loan Party’s principal place of business and chief executive office and the office where it keeps its records concerning the Receivables, Inventory and the Collateral at the address set forth in Section 11.01 or, upon 30 days’ prior notice to the Collateral Manager (with a copy to the Administrative Agent), at any other locations in jurisdictions where all actions reasonably requested by the Collateral Manager or otherwise necessary to protect, perfect and maintain the Collateral Agent’s interest in the Collateral (including the Receivables and Inventory) and all proceeds thereof have been taken and completed. Each of the Loan Parties shall keep its books and accounts in accordance with GAAP and shall not make any notation on its books and records, including any computer files, that is inconsistent with the collateral assignment of the Receivables and Inventory to the Collateral Agent. The Loan Parties shall maintain and implement administrative and operating procedures (including, without limitation, an ability to recreate records evidencing Receivables, Inventory and related 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 collecting all Receivables and Inventory (including, without limitation, records adequate to permit the daily identification of each Receivable and element of Inventory and all Collections of and 101 adjustments to each existing Receivable and element of Inventory) and for providing the Receivable Information.