Common use of Certain Organizational Changes Clause in Contracts

Certain Organizational Changes. No Loan Party may change its name, charter or other organizational number, form or jurisdiction of organization without at least fifteen (15) days prior written notice to the Agent (or such shorter period to which the Agent may agree) and taking such actions (including entering into supplemental documentation) as the Agent may reasonably request to maintain the perfection and priority of its security interest in the Collateral.

Appears in 2 contracts

Samples: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.)

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Certain Organizational Changes. No Loan Party may change its name, charter or other organizational number, form or jurisdiction of organization without at least fifteen (15) 15 days prior written notice to the Agent (or such shorter lesser period to which the as Agent may agree) and taking such actions (including entering into supplemental documentation) as the Agent may reasonably request to maintain the perfection and priority of its security interest in the Collateral.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (Edgen Group Inc.)

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Certain Organizational Changes. No Loan Party may change its name, charter name or other organizational number, form or jurisdiction of organization without at least fifteen (15) 15 days prior written notice to the Administrative Agent (or such shorter lesser period to which the as Agent may agree) and taking such actions (including entering into supplemental documentation) as the Administrative Agent may reasonably request to maintain the perfection and priority of its security interest in the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Armstrong Flooring, Inc.)

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