Common use of CHANGE IN LEGAL STATUS Clause in Contracts

CHANGE IN LEGAL STATUS. Borrower represents and agrees that Borrower will not: (i) change its name, its place of business, chief executive office, its mailing address or organizational identification number if it has one; or (ii) change its type of organization, jurisdiction of organization or other legal structure. If Borrower does not have an organizational identification number issued by the Internal Revenue Service and later obtains one, Borrower shall forthwith notify Lender of such organizational identification number.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Applied Minerals, Inc.), Loan and Security Agreement (Epazz Inc)

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CHANGE IN LEGAL STATUS. Without Lenders consent, Borrower represents and agrees that Borrower will not: not (i) change its name, its place of businessbusiness or, if more than one, chief executive office, its mailing address address, or organizational identification number if it has one; , or (ii) change its type of organization, jurisdiction of organization or other legal structure. If Borrower does not have an organizational identification number issued by the Internal Revenue Service and later obtains one, Borrower shall forthwith promptly notify Lender of such organizational taxpayer identification number.

Appears in 2 contracts

Samples: Business Loan and Security Agreement, Business Loan and Security Agreement (Vapor Hub International Inc.)

CHANGE IN LEGAL STATUS. Without Lender's consent, Borrower represents and agrees that Borrower will not: not (i) change its name, its place of businessbusiness or, if more than one, chief executive office, its mailing address address, or organizational identification number if it has one; , or (ii) change its type of organization, jurisdiction of organization or other legal structure. If Borrower does not have an organizational identification number issued by the Internal Revenue Service and later obtains one, Borrower shall forthwith promptly notify Lender of such organizational taxpayer identification number.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Vapor Hub International Inc.), Business Loan and Security Agreement (Vapor Hub International Inc.)

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CHANGE IN LEGAL STATUS. Without Lender's consent, Borrower represents and agrees that Borrower will not: not (i) change its name, its place of businessbusiness or, if more than one, chief executive office, its mailing address address, or organizational identification number if it has one; , or (ii) change its type of organizationorganization , jurisdiction of organization or other legal structure. If Borrower does not have an organizational identification number issued by the Internal Revenue Service and later obtains one, Borrower shall forthwith promptly notify Lender of such organizational taxpayer identification number.

Appears in 1 contract

Samples: Business Loan and Security Agreement Supplement (VirtualArmour International Inc.)

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