Common use of Change of Name or Location of Receivable Files Clause in Contracts

Change of Name or Location of Receivable Files. The Borrower shall not (i) change its name or state of organization, move the location of its principal place of business and chief executive office, and the offices where it keeps the Records from the location referred to in Section 13.02 or (ii) move, or consent to the Collateral Custodian or the Servicer moving, the Receivable Files from the location thereof on the Closing Date, unless the Borrower has given at least 30 days' written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Administrative Agent in the Collateral.

Appears in 3 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

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Change of Name or Location of Receivable Files. The Borrower shall not (i) change its name or state jurisdiction of organizationformation, move the location of its principal place of business and chief executive office, and the offices where it keeps the Records from the location referred to in Section 13.02 15.02 or (ii) move, or consent to the Collateral Custodian or the Servicer moving, the Receivable Files from the location thereof on the Closing Loan Date, unless the Borrower has given at least 30 days' ’ prior written notice to the Administrative Agent and the Collateral Custodian and has taken all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Administrative Agent in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Change of Name or Location of Receivable Files. The Borrower shall not (i) change its name or state of organization, move the location of its principal place of business and chief executive office, and the offices where it keeps the Records from the location referred to in Section 13.02 14.02 or (ii) move, or consent to the Collateral Custodian or the Servicer moving, the Receivable Files from the location thereof locations set forth on the Closing DateSchedule D, unless the Borrower has given at least 30 days' written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Administrative Agent in the Collateral.

Appears in 1 contract

Samples: Warehouse Agreement (Vroom, Inc.)

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Change of Name or Location of Receivable Files. The Borrower shall not (i) change its name name, form or state State of organization, move organization or change the location of its principal place of business and chief executive office, and the offices where it keeps the Records from the location locations referred to in Section 13.02 Schedule D or (ii) move, or consent to the Collateral Custodian or the Servicer moving, the Receivable Files from the location thereof on the Closing Date, unless the Borrower has given at least 30 days' ’ prior written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to continue the first priority perfected security interest of the Administrative Agent in the Collateral, subject only to Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

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