Common use of Change of Chief Executive Office Clause in Contracts

Change of Chief Executive Office. The Grantors hereby understand and agree that if, at any time hereafter, any Grantor elects to move its Executive Office, or if any Grantor elects to change its name, identity, state of incorporation or organization, any tradename used to identify it in the conduct of its business or in the ownership of its properties, or its structure to other than as existing on the date hereof, the Grantors will notify the Agent in writing at least 30 days prior thereto.

Appears in 2 contracts

Samples: General Security Agreement (Bassett Furniture Industries Inc), General Security Agreement (Bassett Furniture Industries Inc)

AutoNDA by SimpleDocs

Change of Chief Executive Office. The Grantors hereby understand and agree that if, at any time hereafter, any Grantor elects to move its Executive Office, or if any Grantor elects to change its name, identity, state of incorporation or organization, any tradename used to identify it in the conduct of its business or in the ownership of its properties, or its structure to other than as existing on the date hereof, the Grantors will notify the Agent Bank in writing at least 30 days prior thereto.

Appears in 2 contracts

Samples: Credit Agreement (Bassett Furniture Industries Inc), Credit Agreement (Bassett Furniture Industries Inc)

Change of Chief Executive Office. The Grantors Grantor hereby understand understands and agree agrees that if, at any time hereafter, any the Grantor elects to move its Executive Office, or if any the Grantor elects to change its name, identity, state of incorporation or organization, any tradename used to identify it in the conduct of its business or in the ownership of its properties, or its structure to other than as existing on the date hereof, the Grantors Grantor will notify the Administrative Agent in writing at least 30 days prior thereto.

Appears in 2 contracts

Samples: Credit Agreement (St Joe Co), Credit Agreement (St Joe Co)

AutoNDA by SimpleDocs

Change of Chief Executive Office. The Grantors Grantor hereby understand understands and agree agrees that if, at any time hereafter, any the Grantor elects to move its Executive Office, or if any the Grantor elects to change its name, identity, state of incorporation or organization, any tradename used to identify it in the conduct of its business or in the ownership of its properties, or its structure to other than as existing on the date hereof, the Grantors Grantor will notify the Administrative Agent in writing at least 30 thirty (30) days prior thereto.

Appears in 1 contract

Samples: Security Agreement (Main Street Capital CORP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!