Examples of Asset Schedule in a sentence
Each Asset Schedule and Exception List is to list all Exceptions using such codes as are in form and substance agreed to by the Custodian and the Company.
A copy of each Asset Schedule and Exception List delivered to the Company is to be delivered contemporaneously to the Initial Member and to the PMN Agent and each Purchase Money Notes Guarantor.
In connection with an Asset Schedule and Exception List delivered pursuant to this Section 6.1(e) by the Custodian, the Custodian is to make no representations as to and will not be responsible for verifying, except as set forth in Sections 6.1(b) and 6.1(d) of this Agreement, (I) the validity, legality, enforceability, due authorization, recordability, sufficiency or genuineness of any of the Custodial Documents or (II) the collectability, insurability, effectiveness or suitability of any such Asset.
Each Asset Schedule and Exception List delivered by the Custodian to the Company will supersede and cancel the Asset Schedule and Exception List previously delivered by the Custodian to the Company pursuant to this Agreement, and will replace the then existing Asset Schedule and Exception List to be attached to the Collateral Certificate.
Notwithstanding anything to the contrary in this Section 6.1, if the Asset Schedule and Exception List attached to the Collateral Certificate is different from the Asset Schedule and Exception List most recently delivered to the Company, then the most recently delivered Asset Schedule and Exception List will control and be binding upon the parties to this Agreement.