Common use of Records and Schedules of Equipment Clause in Contracts

Records and Schedules of Equipment. Borrowers shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of their Equipment and all dispositions made in accordance with subsection 6.4(b) hereof, and shall furnish Lender with a current schedule containing the foregoing information on at least an annual basis and more often if requested by Lender. Immediately on request therefor by Lender, Borrowers shall deliver to Lender any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Measurement Specialties Inc)

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Records and Schedules of Equipment. Borrowers Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of their its Equipment and all dispositions made in accordance with subsection 6.4(b) Subsection 5.4.2 hereof, and shall furnish Agent and each Lender with a current schedule containing the foregoing information on at least an annual basis and more often if requested by Agent or any Lender. Immediately on request therefor by Agent or any Lender, Borrowers Borrower shall deliver to Agent and each Lender any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Term Loan Agreement (Drypers Corp)

Records and Schedules of Equipment. Borrowers Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of their its Equipment and all dispositions made in accordance with subsection 6.4(b) SUBSECTION 7.4.2 hereof, and shall furnish Lender Agent with a current schedule containing the foregoing information on at least an annual basis and more often if requested by LenderAgent. Immediately on request therefor by LenderAgent, Borrowers Borrower shall deliver to Lender Agent any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Records and Schedules of Equipment. Borrowers Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and value cost of their its Equipment and all dispositions made in accordance with subsection 6.4(b) SECTION 7.4.2 hereof, and shall furnish Lender Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and more often if requested by LenderAgent. Immediately on Promptly after request therefor by LenderAgent, Borrowers Borrower shall deliver to Lender Agent and Lenders any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Drypers Corp)

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Records and Schedules of Equipment. Borrowers Borrower and each of its Subsidiaries shall keep accurate records itemizing and describing the kind, type, quality, quantity and book value of their its Equipment and all dispositions made in accordance with subsection 6.4(b) hereof6.4.2, and shall furnish Lender Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and more often if requested by LenderAgent. Immediately Promptly on request therefor by LenderAgent, Borrowers Borrower shall deliver to Lender Agent any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Spot Nurseries Inc)

Records and Schedules of Equipment. Borrowers Borrower shall keep accurate records itemizing and describing the kind, type, quality, quantity and value of their its Equipment and all dispositions made in accordance with subsection 6.4(b) Section 7.4.2 hereof, and shall furnish Lender Agent and Lenders with a current schedule containing the foregoing information on at least an annual basis and more often if reasonably requested by LenderAgent. Immediately on request therefor by LenderAgent, Borrowers Borrower shall deliver to Lender Agent and Lenders any and all evidence of ownership, if any, of any of the Equipment.

Appears in 1 contract

Samples: Loan and Security Agreement (Metromedia International Group Inc)

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