Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Party will not change its name, identity, structure or location (determined as provided in Section 9-307 of the UCC) in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, unless it shall have given the Collateral Agent not less than 30 days’ prior notice thereof. Such Credit Party shall not in any event change the location of any Collateral or its name, identity, structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests in any Collateral to lapse or cease to be perfected unless such Credit Party has taken on or before the date of lapse all actions necessary to ensure that the Security Interests in the Collateral do not lapse or cease to be perfected.
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Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)
Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Party will not change the location of any Collateral or its name, identity, organizational structure or location (determined as provided in Section 9-307 of the UCC) in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, case unless it shall have given the Collateral Agent not less than 30 days’ prior notice thereof. Such Credit Party shall not in any event change the location of any Collateral or its name, identity, organizational structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests in any Collateral to lapse or cease to be perfected unless such Credit Party has taken on or before the date of lapse all actions necessary to ensure that the Security Interests in the Collateral do not lapse or cease to be perfected.
Appears in 2 contracts
Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)
Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Loan Party will not change its name, identity, structure or location (determined as provided in Section 9-307 of the UCC) in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, unless it shall have given the Collateral Agent not less than notice within 30 days’ prior notice days following the occurrence thereof. Such Except as permitted by the Credit Agreement, such Loan Party shall not in any event change the location of any Collateral or its name, identity, structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests in any Collateral to lapse or cease to be perfected unless such Credit Loan Party has taken on or before the date of lapse all actions necessary to ensure that the Security Interests in the Collateral do not lapse or cease to be perfected.
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Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Loan Party will not change the location of any Collateral or its name, identity, organizational structure or location (determined as provided in Section 9-307 of the UCC) in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, case unless it shall have given the Collateral Agent not less than 30 days’ prior notice thereof. Such Credit Loan Party shall not in any event change the location of any Collateral or its name, identity, organizational structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests in any Collateral to lapse or cease to be perfected unless such Credit Loan Party has taken on or before the date of lapse all actions necessary to ensure that the Security Interests in the Collateral do not lapse or cease to be perfected.
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Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Loan Party will not change its name, identityorganizational structure, structure or location (determined as provided in Section 9-307 of the UCC) ), identity, organizational identification number or chief executive office in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, unless it shall have given the Collateral Agent not less than 30 20 days’ prior notice thereof. Such Credit Loan Party shall not in any event change the location of any Collateral or its name, identity, organizational structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests Interest in favor of the Collateral Agent in any Collateral to lapse or cease to be perfected unless such Credit Loan Party has taken on or before the date of lapse all actions necessary to ensure that the such Security Interests Interest in the Collateral do does not lapse or cease to be perfected.
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Change of Name, Identity, Structure or Location; Subjection to Other Security Agreements. Such Credit Loan Party will not change its name, identity, structure or location (determined as provided in Section 9-307 of the UCC) in any manner, and shall not become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, in each case, unless it shall have given the Collateral Agent not less than 30 days’ prior notice thereof. Such Credit Loan Party shall not in any event change the location of its place or places of business, its chief executive office or any Collateral or its name, identity, structure or location (determined as provided in Section 9-307 of the UCC), or become bound, as provided in Section 9-203(d) of the UCC, by a security agreement entered into by another Person, if such change would cause the Security Interests in any Collateral to lapse or cease to be perfected unless such Credit Loan Party has taken on or before the date of lapse all actions necessary to ensure that the Security Interests in the Collateral do not lapse or cease to be perfected.
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