Common use of Change in Location of Collateral or the Lessee Clause in Contracts

Change in Location of Collateral or the Lessee. The Lessee (i) will notify the Secured Party on or before the date of any change in (A) the location of the Collateral (B) the location of Lessee's chief executive office or address, (C) the name of the Lessee and (D) the corporate structure of the Lessee, and (ii) will, on or before the date of any such change, prepare and file new or amended financing statements as necessary so that the Secured Party shall continue to have a first and prior perfected Lien (subject only to Permitted Liens) in the Collateral after any such change.

Appears in 3 contracts

Samples: Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Insurance Co), Lease Agreement (Protective Life Corp)

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Change in Location of Collateral or the Lessee. The Lessee (i) will notify the Secured Party on or before the date of any change in (A) the location of the Collateral (B) the location of Lessee's chief executive office or address, (C) the name of the Lessee and (D) the corporate structure of the LesseeLessee (but only if such change is such that any financing statement filed pursuant to Section 26 or Section 28 hereof becomes seriously misleading), and (ii) will, on or before the date of any such change, prepare and file new or amended financing statements as necessary so that the Secured Party shall continue to have a first and prior perfected Lien (subject only to Permitted Liens) in the Collateral after any such change.

Appears in 1 contract

Samples: Master Lease Agreement (American Freightways Corp)

Change in Location of Collateral or the Lessee. The Lessee will (iA) will notify the Secured Party on or before the date of any change in (A1) the location of the Collateral Collateral, (B2) the location of Lessee's ’s chief executive office or address, (C3) the name of the Lessee and Lessee, or (D4) the corporate structure of the Lessee, and (iiB) will, on or before the date of any such change, prepare and file new or amended financing statements as necessary so that the Secured Party shall continue to have a first and prior perfected Lien (subject only to Permitted Liens) in the Collateral after any such change.

Appears in 1 contract

Samples: Lease Agreement (Protective Life Corp)

Change in Location of Collateral or the Lessee. The Lessee (i) will notify the Secured Party on or before the date of any change in (A) the location of the Collateral (B) the location of Lessee's ’s chief executive office or address, (C) the name of the Lessee and (D) the corporate structure of the Lessee, and (ii) will, on or before the date of any such change, prepare and file new or amended financing statements as necessary so that the Secured Party shall continue to have a first and prior perfected Lien (subject only to Permitted Liens) in the Collateral after any such change.

Appears in 1 contract

Samples: Lease Agreement (Protective Life Insurance Co)

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Change in Location of Collateral or the Lessee. The Lessee (i) will notify the Secured Party Lessor on or before the date of any change in (A) the location of the Collateral (B) the location of the Lessee's chief executive office or addressaddress or its jurisdiction of organization, (C) the exact legal name of the Lessee and (D) the corporate structure of the Lessee, and (ii) will, on or before the date of any such change, prepare and file new or amended financing statements as necessary so that the Secured Party shall continue to have a first and prior perfected Lien (subject only to Permitted Liens) in the Collateral after any such change.

Appears in 1 contract

Samples: Lease Agreement (Krispy Kreme Doughnuts Inc)

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