Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232
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Samples: Credit Agreement (Hechinger Co)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each The Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) any change in its corporate legal name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) any change in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it it, or any office or facility at which Collateral owned by it is located (located, including the establishment of any such new office or facility), (iii) any change in its identity or corporate structure organizational structure, (iv) any change in its Federal Taxpayer Identification NumberNumber or organizational number, if any, assigned to it by its state of organization, or (v) the acquisition by any the Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's ’s Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless Upon receipt of such notice, Collateral Agent shall promptly make all filings have been made under the Uniform Commercial Code UCC or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all of the Collateral. Each , and the Grantor agrees promptly not to notify effect or permit any change referred to in the preceding sentence until all such filings have been made by the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232Agent.
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Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent promptly in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility)) other than changes in the location of any Excluded Inventory, (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral, subject to any Liens expressly permitted pursuant to Section 6.02 of the Credit Agreement that may be prior to such security interest. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
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Samples: Credit Agreement (LTV Corp)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) any change in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) any change in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it it, or any office or facility at which Collateral owned by it is located (located, including the establishment of any such new office or facility), (iii) any change in its identity or corporate structure structure, (iv) any change in its Federal Taxpayer Identification NumberNumber or organizational number assigned to it by its state of organization, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's ’s Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless such Grantor has given to the Collateral Agent at least ten (10) days prior written notice of any such change in order to permit the Collateral Agent to make all filings have been made under the Uniform Commercial Code UCC or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all of the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
Appears in 1 contract
Samples: Security Agreement (Dri I Inc)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly will provide to notify the Collateral Agent in writing prompt written notice of (a) any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or jurisdiction of incorporation or formation, or (iv) in its Federal Taxpayer Identification Number, Number or organizational identification number assigned to it by its state of organization or (vb) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's ’s Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code UCC or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first second priority security interest in all of the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
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Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly will furnish to notify the Collateral Agent in writing at least thirty (30) days prior written notice of any change in: (i) in its corporate any Grantor’s name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, ; (ii) in the location of its any Grantor’s chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), ; (iii) in its identity any Grantor’s organizational structure or corporate structure jurisdiction of incorporation or formation; or (iv) in its any Grantor’s Federal Taxpayer Identification NumberNumber or organizational identification number, or (v) the acquisition if any, assigned to it by any Grantor its state of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest thereinorganization. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings filings, publications and registrations have been made under the Uniform Commercial Code UCC or otherwise other applicable Law that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Grantor agrees promptly Collateral (subject only to notify Permitted Encumbrances having priority by operation of applicable Law) for its own benefit and the Collateral Agent if any material portion benefit of the Collateral owned or held by such Grantor is damaged or destroyed. 232other Credit Parties.
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Change of Name; Location of Collateral; Records; Place of Business. (a) Each The Grantor agrees promptly to notify give the Collateral Agent in writing prompt written notice of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any the Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each The Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each The Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such the Grantor is damaged or destroyed. 232.
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Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the CollateralCollateral subject only to Liens permitted pursuant to Section 6.02 of the Credit Agreement. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
Appears in 1 contract
Samples: Security Agreement (MTS Inc)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each Subsidiary Grantor agrees promptly to notify the Collateral Agent Trustee in writing writing, or to ensure that such notice is given in the first report thereafter pursuant to Section 5.15A of the Credit Agreement, of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each Subsidiary Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent Trustee to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Subsidiary Grantor agrees promptly to notify the Collateral Agent Trustee if any material portion of the Collateral owned or held by such Subsidiary Grantor is damaged or destroyed. 232.
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Samples: Shared Collateral Security Agreement (Allied Waste Industries Inc)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership owner ship of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number; provided, however, that notice of the addition or (v) the acquisition by any Grantor elimination of any property for which additional filings Dealer locations or recordings any other change in the location of Dealers needs to be provided only at such time as the quarterly financial statements are necessary delivered pursuant to perfect and maintain Section 5.04(b) of the Collateral Agent's Security Interest thereinCredit Agreement; provided, further, that the foregoing shall not be deemed to restrict the movement of Vehicles in the ordinary course of business. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence (other than any change in the location of Dealers) unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
Appears in 1 contract
Samples: Security Agreement (Ryder TRS Inc)
Change of Name; Location of Collateral; Records; Place of Business. (a) Each The Grantor agrees promptly to notify the Collateral Agent Administrative Agent, in writing writing, of any change (i) in its corporate legal name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate legal structure or (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest thereinNumber(s). Each The Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Administrative Agent to continue at all times following such change to have a valid, legal and perfected preferred first priority (subject to liens expressly referred to Section 3.18 of the Credit Agreement) security interest in all the Collateral. Each The Grantor agrees promptly to notify the Collateral Agent Administrative Agent, as soon as practicable after an executive officer of the Grantor learns thereof, if any material portion of the Collateral owned or held by such the Grantor is damaged or destroyed. 232.
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Change of Name; Location of Collateral; Records; Place of Business. (a) Each Grantor agrees promptly to notify the Collateral Agent in writing of any change (i) in its corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its propertiesname, (ii) in the location of its chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility), (iii) in its identity or corporate structure or (iv) in its Federal Taxpayer Identification Number, or (v) the acquisition by any Grantor of any property for which additional filings or recordings are necessary to perfect and maintain the Collateral Agent's Security Interest therein. Each Grantor agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral. Each Grantor agrees promptly to notify the Collateral Agent if any material portion of the Collateral owned or held by such Grantor is damaged or destroyed. 232.
Appears in 1 contract
Samples: Credit Agreement (Trimas Corp)