Common use of Change of Name or Corporate Structure Clause in Contracts

Change of Name or Corporate Structure. Debtor shall not change its name or corporate structure or conduct business under any name other than its current name without giving notice thereof to the Secured Party within ten days thereafter, clearly describing such new name, or corporate structure or such new tradename and providing such other information in connection therewith as the Secured Party may reasonably request. With respect to such new name, corporate structure, or tradename, promptly upon the request of the Secured Party, Debtor shall take all such action as the Secured Party may reasonably request to maintain the security interest of the Secured Party in the Collateral granted hereby at all times fully perfected with the same or better priority and in full force and effect.

Appears in 7 contracts

Samples: Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp)

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