Change in Corporate Structure or Location Clause Samples
The Change in Corporate Structure or Location clause defines the obligations and procedures that apply if a party undergoes significant organizational changes, such as mergers, acquisitions, or relocating its principal place of business. Typically, this clause requires the affected party to notify the other party in advance of such changes and may grant the non-affected party certain rights, such as the ability to terminate the agreement or request additional assurances. Its core function is to protect the interests of both parties by ensuring transparency and allowing for appropriate responses to major changes that could impact the contractual relationship.
Change in Corporate Structure or Location. Not, without providing 10 days prior written notice to the Administrative Agent, change its registered legal name, change its state of organization, be party to a merger or consolidation or change its organizational existence.
Change in Corporate Structure or Location. Not, without providing 10 days prior written notice to the Administrative Agent and without filing such amendments to any previously filed financing statements as the Administrative Agent may reasonably require, (i) change its registered legal name, be party to a merger, consolidation or other change in structure or use any tradename other than as set forth on Schedule 4(a) hereto, (ii) in the case of any Obligor that is not a "registered organization" as described in Section 9-307 of the UCC, change the location of its chief executive office and chief place of business (as well as its books and records) from the locations set forth on Schedule 6.20
Change in Corporate Structure or Location. Not, without providing ten (10) days prior written notice to the Lender, change its registered legal name, change its state of organization, be party to a merger or consolidation or change its organizational existence.
Change in Corporate Structure or Location. Provide the Lender with thirty (30) days’ prior written notice if the Company (a) alters its existence as a limited partnership or, in one transaction or a series of transactions, merges into or consolidates with any other entity, or sells all or substantially all of its assets, (b) changes its state of formation or (c) changes its registered name. As a result of any of the foregoing, the Company will file any amendments to any previously filed Uniform Commercial Code financing statements as the Lender may require.
Change in Corporate Structure or Location. Not (i) change its registered legal name, identity or state of incorporation or formation, (ii) change the location of its chief executive office and principal place of business (as well as its books and records) from the locations set forth on Schedule 4(a)(ii) or (iii) change the location of its Collateral from the locations set forth for such Obligor on Schedule 4(b), in each case unless the Obligors provide written notice to the Collateral Trustee of any such change at any time. Within 30 days of any such change, such Obligor shall execute and deliver all such additional documents and perform all additional acts as are necessary or that the Collateral Trustee may reasonably request pursuant to an Act of Parity Lien Debtholders in order to continue or maintain the existence and priority of the Liens granted hereunder in the Collateral.
Change in Corporate Structure or Location. Give Administrative Agent written notice promptly (and in no event, more than 30 days following any such event) of, any change in its registered legal name, any change in its state of organization, or any merger or consolidation resulting in a change in its organizational existence.
Change in Corporate Structure or Location. Not, without providing 30 days prior written notice to the Secured Party, change its registered legal name, change its state of organization, be party to a merger or consolidation or change its organizational existence.