Records Relating to Collateral. (a) Each Obligor will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of such Obligor so as to permit comparison of Inventory records relating to different time periods, itemizing and describing the kind, type and quantity of Inventory and such Obligor's cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.
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Samples: Loan and Security Agreement (Tultex Corp), Tultex Corp, Safety Components International Inc
Records Relating to Collateral. (a) Each Obligor The Borrower will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of such Obligor so as to permit comparison of Inventory records relating to different time periodsthe Borrower, itemizing and describing the kind, type and quantity of Inventory and such Obligorthe Borrower's cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.
Appears in 4 contracts
Samples: Loan and Security Agreement (International Comfort Products Corp), Loan and Security Agreement (Airport Systems International Inc), Loan and Security Agreement (Dataflex Corp)
Records Relating to Collateral. (a) Each Obligor The Borrower will at all times (i) keep complete and accurate records of Inventory on a basis consistent with past practices of such Obligor so as to permit comparison of Inventory records relating to different time periodsthe Borrower, itemizing and describing the kind, type and quantity of Inventory and such Obligor's the Borrower’s cost therefor and a current price list for such Inventory, and (ii) keep complete and accurate records of all other Collateral.
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