Common use of Special Provisions Regarding Maintenance of Records Clause in Contracts

Special Provisions Regarding Maintenance of Records. (i) Such Grantor shall deliver to the Administrative Agent such reports and schedules with respect to the Accounts as shall be required by the Credit Agreement, and upon the prior written request of the Administrative Agent, invoice registers and copies (or originals to the extent necessary or advisable for the Administrative Agent to collect on Accounts after the occurrence and during the continuation of an Event of Default, subject to the terms of the Intercreditor Agreement) of all invoices, shipping receipts, orders and other documents relating to the creation of the Accounts listed on such certificates, reports and schedules (provided that, unless an Event of Default then exists, such additional items may not be requested more frequently than once per calendar year). Such Grantor shall keep in accordance with GAAP complete and accurate records of its Accounts.

Appears in 2 contracts

Samples: Security Agreement (Pioneer Energy Services Corp), Security Agreement (Pioneer Energy Services Corp)

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Special Provisions Regarding Maintenance of Records. (i) Such Grantor shall deliver to the Administrative Agent such reports and schedules with respect to the Accounts as shall be required by the Credit Agreement, and upon the prior written reasonable request of the Administrative AgentAgent or the Required Lenders, invoice registers and copies (or originals to the extent necessary or advisable for the Administrative Agent Agent, for its benefit and the ratable benefit of the Secured Parties, to collect on Accounts after the occurrence and during the continuation of an Event of Default), subject to the terms of the Intercreditor Agreement) of all invoices, shipping receipts, orders and other documents relating to the creation of the Accounts listed on such certificates, reports and schedules (provided that, unless an Event of Default then exists, such additional items may not be requested more frequently than once per calendar year)schedules. Such Grantor shall keep in accordance with GAAP complete and accurate records of its Accounts.

Appears in 2 contracts

Samples: Pledge Agreement (Quintana Energy Services Inc.), Pledge Agreement (Quintana Energy Services Inc.)

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Special Provisions Regarding Maintenance of Records. (i) Such Grantor shall deliver to the Administrative Agent such reports and schedules with respect to the Accounts as shall be required by the Credit Agreement, and upon the prior written reasonable request of the Administrative Agent, invoice registers and copies (or originals to the extent necessary or advisable for the Administrative Agent to collect on Accounts after the occurrence and during the continuation of an Event of Default), subject to the terms of the Intercreditor Agreement) of all invoices, shipping receipts, orders and other documents relating to the creation of the Accounts listed on such certificates, reports and schedules (provided that, unless an Event of Default then exists, such additional items may not be requested more frequently than once per calendar year)schedules. Such Grantor shall keep in accordance with GAAP complete and accurate records of its Accounts.

Appears in 2 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

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