Common use of Borrower’s Names and Offices Clause in Contracts

Borrower’s Names and Offices. Transfer Borrower’s chief executive office or change its company name or office where it maintains records (including computer printouts and programs) with respect to Receivables, except upon not less than thirty (30) days advance written notice to Lender and after the delivery to Lender of financing statements in form and content satisfactory to Lender; provided, however, in no event shall such Transfer be permitted if it shall render unperfected or otherwise impair Lender’s security interest in the Collateral.

Appears in 4 contracts

Samples: Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.)

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Borrower’s Names and Offices. Transfer either Borrower’s 's chief executive office or change its company name or office where it maintains records (including computer printouts and programs) with respect to Receivables, except upon not less than thirty (30) days advance written notice to Lender and after the delivery to Lender of financing statements in form and content satisfactory to Lender; provided, however, in no event shall such Transfer be permitted if it shall render unperfected or otherwise impair Lender’s 's security interest in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (A Consulting Team Inc)

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