Borrower Party Information Clause Samples
The Borrower Party Information clause requires the borrower to provide specific details about themselves and any related parties involved in the agreement. This typically includes names, addresses, organizational structure, and other identifying information relevant to the transaction. By mandating disclosure of this information, the clause ensures transparency and enables the lender to properly assess the borrower's identity and eligibility, thereby reducing the risk of fraud or misrepresentation.
Borrower Party Information. No Borrower Party shall change its name, jurisdiction of formation, chief executive office and/or principal place of business without providing thirty (30) days’ (or such shorter period as the Administrative Agent may agree) prior written notice to the Administrative Agent and, in the case of a change of jurisdiction of formation, without the prior written consent of the Administrative Agent, and during such notice period, the applicable Borrower Party shall perform all such acts and execute all such documents as are reasonably required in order to perfect and maintain the Lenders’ perfected Lien on the Collateral having the same priority as such Lien immediately prior to such change.
Borrower Party Information. Schedule 3.14, as updated from time to time in writing to the Lender Parties, accurately sets forth with respect to each Borrower Party (i) the location of its chief executive office or registered office, (as applicable), (ii) its jurisdiction of incorporation, (iii) its entity type or corporate form, and (iv) its employer or taxpayer identification number (if any) or company registration number (as applicable) issued by its jurisdiction of incorporation. Each Borrower Party only has one jurisdiction of incorporation.
Borrower Party Information. No Borrower Party shall change its name, chief executive office and/or principal place of business without ten (10) Business Days’ prior written notice to Lender. No Borrower Party shall change its jurisdiction of formation without the prior written consent of Lender.