Common use of Changes in Name, Corporate Structure or Location Clause in Contracts

Changes in Name, Corporate Structure or Location. (a) During the term of this Agreement, the Originator shall not change its name, principal place of business, form of organization, existence, state of formation or location without first giving at least 30 days’ prior written notice to the Trust Depositor and Servicer. (b) If any change in the Originator’s name, form of organization, existence, state of formation, location or other action would make any financing or continuation statement or notice of ownership interest or Lien relating to any Loan Asset seriously misleading within the meaning of applicable provisions of the UCC or any title statute, the Originator, or the Servicer on its behalf, no later than five Business Days after the effective date of such change, shall file such amendments as may be required (including, but not limited to, any filings and other acts necessary or advisable under the UCC of each relevant jurisdiction) to preserve and protect the Trust Depositor’s and the Issuer’s interests in the Loan Assets and the proceeds thereof.

Appears in 2 contracts

Samples: Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.)

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Changes in Name, Corporate Structure or Location. (a) During the term of this Agreement, neither the Originator nor the Depositor shall not change its name, principal place of businessidentity, form of organizationstructure, existence, state of formation or location without first giving at least 30 days’ prior written notice to the Trust Depositor Trustee and Servicerthe Collateral Manager. (b) If any change in the Originator’s or the Depositor’s name, form of organizationidentity, structure, existence, state of formation, location or other action would make any financing or continuation statement or notice of ownership interest or Lien lien relating to any Loan Asset Conveyed Collateral seriously misleading within the meaning of applicable provisions of the UCC or any title statute, the Originator, Originator or the Servicer on its behalfDepositor, as applicable, no later than five Business Days after the effective date of such change, shall file such amendments as may be required (including, but not limited to, any filings and other acts necessary or advisable under the UCC of each relevant jurisdiction) to preserve and protect the Trust Depositor’s, the Issuer’s and the IssuerTrustee’s respective interests in the Loan Assets and the proceeds thereofConveyed Collateral.

Appears in 1 contract

Samples: Master Loan Sale Agreement (Golub Capital BDC, Inc.)

Changes in Name, Corporate Structure or Location. (a) During the term of this Agreement, the Originator shall not change its name, principal place of business, form of organization, existence, state of formation or location without first giving at least 30 days’ prior written notice to the Trust Depositor and Servicer. (b) If any change in the Originator’s name, form of organization, existence, state of formation, location or other action would make any financing or continuation statement or notice of ownership interest or Lien relating to any Loan Asset seriously misleading within the meaning of applicable provisions of the UCC or any title statute, the Originator, or the Servicer on its behalf, no later than five Business Days after the effective date of such change, shall file such amendments as may be required (including, but not limited to, any filings and other acts necessary or advisable under the UCC of each relevant jurisdiction) to preserve and protect the Trust Depositor’s, the Issuer’s and the IssuerTrustee’s interests in the Loan Assets and the proceeds thereof.

Appears in 1 contract

Samples: Commercial Loan Sale Agreement (NewStar Financial, Inc.)

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Changes in Name, Corporate Structure or Location. (a) During the term of this Agreement, neither the Originator nor the Depositor shall not change its name, principal place of business, form of organization, existence, structure or state of formation or location without first giving at least 30 days’ prior written notice to the Trust Depositor Trustee and Servicerthe Collateral Manager. (b) If any change in the Originator’s or the Depositor’s name, form of organization, existencestructure, state of formationformation or incorporation, as applicable, location or other action would make any financing or continuation statement or notice of ownership interest or Lien lien relating to any Loan Asset Conveyed Collateral seriously misleading within the meaning of applicable provisions of the UCC or any title statute, the Originator, Originator or the Servicer on its behalfDepositor, as applicable, no later than five Business Days after the effective date of such change, shall file such amendments as may be required (including, but not limited to, any filings and other acts necessary or advisable under the UCC of each relevant jurisdiction) to preserve and protect the Trust Depositor’s, the Issuer’s and the IssuerTrustee’s respective interests in the Loan Assets and the proceeds thereofConveyed Collateral.

Appears in 1 contract

Samples: Master Loan Sale Agreement (KCAP Financial, Inc.)

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