Changes in Locations, Name Clause Samples
The "Changes in Locations, Name" clause requires a party to notify the other party if there are any changes to its business address or legal name. In practice, this means that if a company moves its office or undergoes a name change due to rebranding or merger, it must promptly inform its contractual counterpart. This clause ensures that all communications, legal notices, and obligations are directed to the correct entity and location, thereby preventing misunderstandings or missed notifications that could affect the performance of the contract.
Changes in Locations, Name. The Debtor shall provide Secured Parties with at least thirty (30) days prior written notice in the event of either (i) a change the location of its chief executive office/chief place of business or jurisdiction of incorporation or remove its books and records from such location, or (ii) change its name, identity or corporate structure to such an extent that any financing statement filed by the Secured Parties in connection with this Security Agreement would become seriously misleading.
Changes in Locations, Name etc. The Pledgor shall not permit any of the changes described below to occur unless (x) at least 20 days prior to such change, the Agent shall have received written notice of such change and an updated copy of each schedule to this Agreement that is required to be updated as result of such change, and (y) all filings and notices have been made to maintain in favor of the Agent, for the ratable benefit of the Banks, a valid and duly perfected first priority security interest in the Collateral, subject to no Liens other than Permitted Liens:
(a) permit any of the Inventory or Equipment to be kept at a location other than those set forth in Schedule 3.3 to this Agreement, as ------------ amended;
(b) change the location of its chief executive office and chief place of business from those set forth on Schedule 3.4 to this Agreement, ------------ as amended;
(c) change the location of the place where it keeps its records concerning the Accounts from those set forth on Schedule 3.5 to this ------------ Agreement, as amended; or
(d) change its name, identity or corporate structure to such an extent that any financing statement filed in favor of the Agent in connection with this Agreement would become inaccurate or misleading.
Changes in Locations, Name etc. The Debtor will not (i) change the location of its chief executive office/chief place of business from that specified in Section 3 or (ii) change its name, identity or organizational structure to such an extent that any financing statement filed by the Secured Party in connection with this Security Agreement would become misleading.
Changes in Locations, Name. Etc. --------------------------------
(a) Except upon 90 days' prior written notice to the Collateral Trustee and delivery to the Collateral Trustee of (i) all additional executed financing statements and other documents reasonably requested by the Collateral Trustee to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept, such Grantor will not:
(i) permit any of the Inventory, Equipment or Pledged Notes to be kept at a location other than those listed on Schedule 4;
(ii) change its state of incorporation or the location of its chief executive office or sole place of business from that referred to in Section 3.3; or
(iii) change its name, identity or corporate structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) Such Grantor will keep and maintain at its own cost and expense satisfactory and complete records of the Collateral, including a record of all payments received and all credits granted with respect to the Collateral and all other dealings with the Collateral. If requested by the Collateral Trustee, the security interest of the Collateral Trustee shall be noted on the certificate of title of each Vehicle.
Changes in Locations, Name. Etc Except upon 30 days’ prior written notice to the Purchaser Agent and delivery to the Purchaser Agent of all documentation reasonably requested by the Purchaser Agent to maintain the validity, perfection and priority of the security interests granted in the Transaction Documents, such Grantor shall not do any of the following:
(i) change its jurisdiction of organization or its location, in each case from that referred to in Section 3.3; or
(ii) change its legal name or organizational identification number, if any, or corporation, limited liability company, partnership or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
Changes in Locations, Name. Etc. Except upon 10 days' prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all documents reasonably requested by the Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional locations at which inventory or equipment shall be kept, such Grantor shall not do any of the following:
(i) permit any inventory or equipment with an aggregate value in excess of $1,000,000 for such location to be kept at a location other than those listed on Schedule 4, except for inventory or equipment in transit, located at customer sites, or in the possession of a third party for repair or service in the ordinary course of business;
(ii) change its jurisdiction of organization or its location (as defined under Section 9-307 of the UCC), in each case from that referred to in Section 4.3; or
(iii) change its legal name or organizational identification number, if any, or corporation, limited liability company, partnership or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
Changes in Locations, Name etc. Grantor represents and warrants that it currently uses no business or trade names, except as set forth on Schedule C hereto. Grantor shall not (a) change the location of its chief executive office from that specified in Schedule C, (b) change its name, identity or corporate structure or (c) change the location where it maintains its books and records from the addresses set forth on Schedule C, unless (i) it shall have given the Trustee not less than forty-five (45) days' prior written notice of its intention to do so, clearly describing such new location, name, identity or corporate structure and providing such other information in connection therewith as the Trustee may reasonably request, and (ii) with respect to such new location, name, identity or corporate structure, Grantor shall have taken all action which is necessary or appropriate or which is reasonably requested by the Trustee to maintain the perfection and proof of the security interest of the Trustee for the benefit of the Secured Parties in the Collateral intended to be granted hereby and shall have delivered to the Trustee an Officer's Certificate as to compliance with this clause (ii).
Changes in Locations, Name etc. The Pledgor will not (i) change the location of its chief executive office/chief place of business from that specified in Section 3 or (ii) change its name, identity or organizational structure to such an extent that any financing statement filed by the Secured Party in connection with this Security Agreement would become misleading.
Changes in Locations, Name etc. Such Grantor will not, except upon 15 days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of all additional executed financing statements and other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security interests provided for herein:
(i) change its jurisdiction of organization or the location of its chief executive office or sole place of business or principal residence from that referred to in Section 4.3; or
(ii) change its name to such an extent that any financing statement filed by the Collateral Agent in connection with this Agreement would become misleading for purposes under the applicable Uniform Commercial Code; provided, however, that such 15 day period shall be reduced to two Business Days in the case of any such change effected as part of the Canadian Restructuring Transaction.
Changes in Locations, Name etc. The Company will not, except upon 15 days' prior written notice to the Collateral Trustee and each Secured Debt Representative and delivery to the Collateral Trustee of (a) all additional executed financing statements and other documents as necessary to maintain the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:
(i) change its jurisdiction of organization or the location of its chief executive office or sole place of business or principal residence from that referred to in Section 4.3; or
(ii) change its name.
