Common use of Change of Legal Status Clause in Contracts

Change of Legal Status. The Borrower shall not change its name, its type of organization, its jurisdiction of organization or other legal structure.

Appears in 3 contracts

Samples: Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc)

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Change of Legal Status. The Borrower shall not change its name, its organizational identification number, if it has one, its type of organization, its jurisdiction of organization or other legal structure.

Appears in 2 contracts

Samples: Loan Agreement (Metrocorp Inc), Loan Agreement (Eloyalty Corp)

Change of Legal Status. The Borrower shall not change its name, its type jurisdiction of organizationorganization to another state within the United States of America or its organizational identification number, if it has one, without prior written notice to the Bank. The Borrower shall not change its jurisdiction of organization or other legal structureto a foreign jurisdiction and shall not change its type of organization.

Appears in 2 contracts

Samples: Loan Agreement (Hutchinson Technology Inc), Loan Agreement (Hutchinson Technology Inc)

Change of Legal Status. The Borrower shall not change its name, its organizational identification number, its type of organization, its jurisdiction of organization or other legal structure.

Appears in 1 contract

Samples: Loan and Security Agreement (Fortune Industries, Inc.)

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Change of Legal Status. The Borrower shall not change its name, its organizational identification number (if it has one), its type of organization, its jurisdiction of organization or other legal structure.

Appears in 1 contract

Samples: Loan and Security Agreement (Itt Educational Services Inc)

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