2000 S EDC - Approval of Resolution Concerning Revised Documents Governing Orange County Small Business Loan Program

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recovered funds, and (b) then to each Bank pro rata on the basis of each Bank's Percentage Share. SECTION 5 Company's Covenants 5.1. Affirmative Covenants. So long as any portion of the Loan remains unsatisfied, the Company will: (a) Maintain in force a plan designed to safeguard the Net Cash Proceeds and other assets and to assure the reliability of its personnel and the accuracy of its financial data, and also maintain accurate and current financial records, including books of account. (b) Preserve, for the periods hereinafter specified and in a manner that permits the immediate location thereof: (i) for a period of ten years after the Loan has been paid or otherwise satisfied, all general and subsidiary ledgers reflecting asset, liability, income and expense accounts; all general and special journals (or other records forming the basis for entries in such ledgers); and (H) for a period of at least six years following final disposition of any Program Loan, all applications for such loan, all lending agreements, security agreements and other fmancing instruments pertaining to such loan, and all other documents and supporting materials relating to such loan, including correspondence. (c) Permit the representatives of the Banks access during all business hours to,, and permit such representatives to examine, copy or make excerpts from, any and all books, records and documents in the Company's possession relating to the Program Loans. (d) Comply with all applicable laws, rules, regulations and orders of any governmental authority. (e) Promptly notify the Banks of any litigation or proceeding or threatened litigation or proceeding involving any of the Program Loans, this Agreement, the Support Agreement or any other aspect of the Loan Program. (f) Mark each document or instrument comprising any part of the Program 5