Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional 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 and (ii) if applicable, a written supplement to Schedule 4 showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in such Collateral, the Debtor shall not do any of the following: (i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 4, except for Inventory or Equipment in transit; (ii) change its jurisdiction of organization from that referred to in Section 2.3 (Jurisdiction of Organization; Chief Executive Office); or (iii) change its legal name, or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading. (b) The Debtor shall 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.
Appears in 2 contracts
Samples: General Security Agreement (Warnaco Group Inc /De/), General Security Agreement (Warnaco Group Inc /De/)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional 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 and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in such Collateral, the Debtor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 44 (Location of Inventory and Equipment), except for Inventory or Equipment in transit;
(ii) change its jurisdiction of organization from that referred to in Section 2.3 (Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor shall 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.
Appears in 2 contracts
Samples: General Security Agreement (Warnaco Group Inc /De/), General Security Agreement (Warnaco Group Inc /De/)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional 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 and (ii) if applicable, a written supplement to Schedule 4 showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in such Collateral, the Debtor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 4on, except for Inventory or Equipment in transit;
(ii) change its jurisdiction of organization from that referred to in Section 2.3 (Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor shall 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.
Appears in 2 contracts
Samples: General Security Agreement (Warnaco Group Inc /De/), General Security Agreement (Warnaco Group Inc /De/)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Administrative Agent and delivery to the Collateral Administrative Agent of (i) all additional financing statements and other documents reasonably requested by the Collateral Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations location at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in kept, such Collateral, the Debtor Grantor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 44 (Location of Inventory and Equipment), except for Inventory or Equipment in transittransit to and from such locations;
(ii) change its jurisdiction of organization or the location of its chief executive office or sole place of business from that referred to in Section 2.3 3.3 (Name; Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, identity or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational corporate structure to such an extent that any financing statement filed in connection with this Agreement would become seriously misleading.
(b) The Debtor Such Grantor shall 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. Except to the extent any such Vehicle is Excluded Property, if requested by the Administrative Agent, the security interest of the Administrative Agent shall be noted on the certificate of title of each Vehicle.
Appears in 2 contracts
Samples: Security Agreement (Dominion Homes Inc), Security Agreement (Dominion Homes Inc)
Changes in Locations, Name, etc. (a) Except upon 15 or more 30 days’ prior written notice to the Collateral Administrative Agent and delivery to the Collateral Administrative Agent of (i) all additional financing statements and other documents reasonably requested by the Collateral Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Administrative Agent to take any action to maintain a perfected security interests interest in such Collateral, the Debtor such Grantor shall not do any of the following:
(i) permit any Inventory or Equipment that, in the aggregate, has a Fair Market Value in excess of $100,000 ,to be kept at a location other than those listed on Schedule 44 (Location of Inventory and Equipment), except for for: (a) Inventory or Equipment in transit, (b) Inventory sold in the ordinary course of such Grantor’s business, (c) Equipment that is undergoing repairs or maintenance in the ordinary course of such Grantor’s business and (d) Inventory or Equipment located at a store location or factory store location;
(ii) change its jurisdiction of organization or its location, in each case from that referred to in Section 2.3 3.3 (Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor shall 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.
Appears in 1 contract
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ ' prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional 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 and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations location at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in kept, such Collateral, the Debtor Grantor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 4, except for 4 (Location of Inventory or Equipment in transitand Equipment);
(ii) change its jurisdiction of organization or the location of its chief executive office or sole place of business from that referred to in Section 2.3 3.3 (Name; Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, identity or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational corporate structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor Such Grantor shall 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 Agent, the security interest of the Collateral Agent shall be noted on the certificate of title of each Vehicle.
Appears in 1 contract
Samples: Pledge and Security Agreement (Hli Operating Co Inc)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional financing statements documents (other than bailee and other documents warehouseman waivers unless included as a Mortgage) reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in such Collateral, the Debtor Grantor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 44 (Location of Inventory and Equipment), except for Inventory or Equipment in transit;
(ii) change its jurisdiction of organization or the location of its chief executive office or sole place of business, in each case from that referred to in Section 2.3 4.3 (Jurisdiction of Organization; Chief Executive Office); or
(iii) expect pursuant to those changes set forth on Schedule 5.3, change its legal name, identity or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational corporate structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor Such Grantor shall 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.
Appears in 1 contract
Samples: Credit Agreement (UTi WORLDWIDE INC)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ ' prior written notice to the Collateral Administrative Agent and delivery to the Collateral Administrative Agent of (i) all additional executed financing statements and other documents reasonably requested by the Collateral Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations location at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain perfected security interests in kept, such Collateral, the Debtor Grantor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 4, except for 4 (Location of Inventory or Equipment in transitand Equipment);
(ii) change its jurisdiction of organization or the location of its chief executive office or sole place of business from that referred to in Section 2.3 3.3 (Name; Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, identity or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational corporate structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor Such Grantor shall 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 Administrative Agent, the security interest of the Administrative Agent shall be noted on the certificate of title of each Vehicle.
Appears in 1 contract
Samples: Pledge and Security Agreement (Hayes Lemmerz International Inc)
Changes in Locations, Name, etc. (a) Except upon 15 or more days’ prior written notice to the Collateral Administrative Agent and delivery to the Collateral Administrative Agent of (i) all additional executed financing statements and other documents reasonably requested by the Collateral Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (Ax) any additional new locations at which where Inventory or Equipment shall be kept or and (By) any changes in any the location where at which Inventory or Equipment shall be kept that would require the Collateral Administrative Agent to take any action file additional UCC financing statements to maintain a perfected security interests interest in such Collateral, the Debtor such Grantor shall not do any of the following:
(i) permit any Inventory or Equipment to be kept at a location other than those listed on Schedule 4, except for 4 (Location of Inventory or Equipment in transitand Equipment);
(ii) change its jurisdiction of organization or the location of its chief executive office or sole place of business from that referred to in Section 2.3 3.3 (Name; Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, identity or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational corporate structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor Such Grantor shall keep and maintain at its own cost and expense satisfactory and complete records of the Collateral, consistent with its past practices in the ordinary course of business and 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 Administrative Agent, the security interest of the Administrative Agent shall be noted on the certificate of title of each Vehicle. Table of Contents
Appears in 1 contract
Samples: Pledge and Security Agreement (Johnson Polymer Inc)
Changes in Locations, Name, etc. (a) Except upon 15 or more 30 days’ ' prior written notice to the Collateral Agent and delivery to the Collateral Agent of (i) all additional 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 and (ii) if applicable, a written supplement to Schedule 4 (Location of Inventory and Equipment) showing (A) any additional locations at which Inventory or Equipment shall be kept or (B) any changes in any location where Inventory or Equipment shall be kept that would require the Collateral Agent to take any action to maintain a perfected security interests interest in such Collateral, the Debtor such Grantor shall not do any of the following:
(i) permit any Inventory or Equipment having a value in excess of $500,000 in the aggregate to be kept at a location other than those listed on Schedule 44 (Location of Inventory and Equipment), except for Inventory or Equipment in transit;
(ii) change its jurisdiction of organization or its location, in each case from that referred to in Section 2.3 3.3 (Jurisdiction of Organization; Chief Executive Office); or
(iii) change its legal name, name or any trade name used to identify it in the conduct of its business or ownership of its properties or organizational identification number, if any, or corporation, unlimited liability company, limited liability company or other organizational structure to such an extent that any financing statement filed in connection with this Agreement would become misleading.
(b) The Debtor Such Grantor shall 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.
Appears in 1 contract
Samples: Second Lien Pledge and Security Agreement (Amkor Technology Inc)