Common use of Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization Clause in Contracts

Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization. Borrower will not, and will not permit any of the other Credit Parties to, change its legal name until (a) it shall have given to Lender not less than 30 days' prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender), clearly describing such new name and providing other information in connection therewith as Lender may reasonably request, and (b) with respect to such new name, it shall have taken all action reasonably requested by Lender to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the applicable Security Documents at all times fully perfected and in full force and effect. In addition, to the extent that any Credit Party does not have an organizational identification number on the Effective Date and later obtains one, or if there is any change in the organizational identification number of any Credit Party, Borrower or such other Credit Party shall promptly notify Lender of such new or changed organizational identification number and shall take all actions reasonably satisfactory to Lender to the extent necessary to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the applicable Security Documents fully perfected and in full force and effect. Furthermore, Borrower will not, and will not permit any of the other Credit Parties to, change its jurisdiction of organization or its type of organization until (i) it shall have given to Lender not less than 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender), clearly describing such new jurisdiction of organization and/or type of organization and providing such other information in connection therewith as Lender may reasonably request (although no change pursuant to this Section 9.07 shall be permitted to the extent that it involves a “registered organization” (within the meaning of the Nebraska UCC) ceasing to constitute same) and (ii) with respect to such new jurisdiction and/or type of organization, it shall have taken all actions reasonably requested by Lender to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the Security Documents at all times fully perfected and in full force and effect.

Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization. Borrower will not, and will not permit any of the other Credit Parties to, change its legal name until (a) it shall have given to Lender not less than 30 days' prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender), clearly describing such new name and providing other information in connection therewith as Lender may reasonably request, and (b) with respect to such new name, it shall have taken all action reasonably requested by Lender to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the applicable Security Documents at all times fully perfected and in full force and effect. In addition, to the extent that any Credit Party does not have an organizational identification number on the Effective Date and later obtains one, or if there is any change in the organizational identification number of any Credit Party, Borrower or such other Credit Party shall promptly notify Lender of such new or changed organizational identification number and shall take all actions reasonably satisfactory to Lender to the extent necessary to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the applicable Security Documents fully perfected and in full force and effect. Furthermore, Borrower will not, and will not permit any of the other Credit Parties to, change its jurisdiction of organization or its type of organization until (i) it shall have given to Lender not less than 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender), clearly describing such new jurisdiction of organization and/or type of organization and providing such other information in connection therewith as Lender may reasonably request (although no change pursuant to this Section 9.07 shall be permitted to the extent that it involves a “registered organization” (within the meaning of the Nebraska UCC) ceasing to constitute same) and (ii) with respect to such new jurisdiction and/or type of organization, it shall have taken all actions reasonably requested by Lender Xxxxxx to maintain the security interests of Lender in the Collateral intended to be granted pursuant to the Security Documents at all times fully perfected and in full force and effect.

Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization. Borrower Aleris will not, and will not permit any of the other Credit Parties to, change its legal name until (ai) it shall have given to Lender the Administrative Agent and the Collateral Agent not less than 30 days' 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender)do, clearly describing such new name and providing other information in connection therewith as Lender the Collateral Agent may reasonably request, and (bii) with respect to such new name, it shall have taken all action reasonably requested by Lender the Administrative Agent and Collateral Agent to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents at all times fully perfected and in full force and effect. In addition, to the extent that any Credit Party does not have an organizational identification number on the Effective Borrowing Date and later obtains one, or if there is any change in the organizational identification number of any Credit Party, Borrower Aleris or such other Credit Party shall promptly notify Lender the Collateral Agent of such new or changed organizational identification number and shall take all actions reasonably satisfactory to Lender the Collateral Agent to the extent necessary to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents fully perfected and in full force and effect. Furthermore, Borrower Aleris will not, and will not permit any of the other Credit Parties to, change its jurisdiction of organization or its type of organization until (ix) it shall have given to Lender the Collateral Agent not less than 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender)do, clearly describing such new jurisdiction of organization and/or type of organization and providing such other information in connection therewith as Lender the Collateral Agent may reasonably request (although no change pursuant to this Section 9.07 9.12 shall be permitted to the extent that it involves (i) a “registered organization” (within the meaning of the Nebraska UCC) U.S. Credit Party ceasing to constitute samebe organized in the United States or (ii) the German Borrower ceasing to be organized in Germany and (iiy) with respect to such new jurisdiction and/or type of organization, it shall have taken all actions reasonably requested by Lender the Collateral Agent to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the Security Documents at all times fully perfected and in full force and effect.

Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization. Neither Magellan nor the Borrower will, nor will not, and will not they permit any of the other Credit Parties their respective Subsidiaries to, change its legal name until (ai) it shall have given to Lender the Collateral Agent not less than 30 days' 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lenderthe Collateral Agent), clearly describing such new name and providing other information in connection therewith as Lender the Collateral Agent may reasonably request, and (bii) with respect to such new name, it shall have taken all action reasonably requested by Lender the Collateral Agent to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents at all times fully perfected and in full force and effect. In addition, to the extent that any Credit Party does not have an organizational identification number on the Effective Date and later obtains one, or if there is any change in the organizational identification number of any Credit Party, the Borrower or such other Credit Party shall promptly notify Lender the Collateral Agent of such new or changed organizational identification number and shall take all actions reasonably satisfactory to Lender the Collateral Agent to the extent necessary to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents fully perfected and in full force and effect. Furthermore, each of Magellan and the Borrower will not, and will not permit any of the other Credit Parties to, change its jurisdiction of organization or its type of organization until (i) it shall have given to Lender the Collateral Agent not less than 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lenderthe Collateral Agent), clearly describing such new jurisdiction of organization and/or type of organization and providing such other information in connection therewith as Lender the Collateral Agent may reasonably request (although no change pursuant to this Section 9.07 shall be permitted to the extent that it involves a “registered organizationRegistered Organization” (within as defined in the meaning of the Nebraska UCCSecurity Agreement) ceasing to constitute same) and (ii) with respect to such new jurisdiction and/or type of organization, it shall have taken all actions reasonably requested by Lender the Collateral Agent to maintain the security interests of Lender the Collateral Agent in the Collateral intended to be granted pursuant to the Security Documents at all times fully perfected and in full force and effect.

Changes to Legal Names, Organizational Identification Numbers, Jurisdiction or Type or Organization. Borrower will notNo Credit Party shall change, and will not or permit any of the other Credit Parties change to, change its legal name until (ai) it shall have given to Lender the Administrative Agent and the Collateral Agent not less than 30 days' 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender)do, clearly describing such new name and providing other information in connection therewith as Lender the Administrative Agent or Collateral Agent may reasonably request, request and (bii) with respect to such new name, it shall have taken all action reasonably requested by Lender the Administrative Agent or Collateral Agent to maintain the security interests of Lender the Administrative Agent or Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents at all times fully perfected and in full force and effect. In addition, to the extent that any Credit Party does not have an organizational identification number on the Effective Date date hereof and later obtains one, or if there is any change in the organizational identification number of any Credit Party, the Borrower or such other Credit Party shall promptly notify Lender the Administrative Agent and the Collateral Agent of such new or changed organizational identification number and shall take all actions reasonably satisfactory to Lender the Administrative Agent and the Collateral Agent to the extent necessary to maintain the security interests of Lender the Administrative Agent or Collateral Agent in the Collateral intended to be granted pursuant to the applicable Security Documents fully perfected and in full force and effect. Furthermore, Borrower will not, and will not permit any of the other no Credit Parties to, Party shall change its jurisdiction of organization or its type of organization until (i) it shall have given to Lender the Administrative Agent and the Collateral Agent not less than 15 days prior written notice of its intention so to do (or such shorter period of time as may be acceptable to Lender)do, clearly describing such new jurisdiction of organization and/or type of organization and providing such other information in connection therewith as Lender the Administrative Agent or Collateral Agent may reasonably request (although no change pursuant to this Section 9.07 shall be permitted to the extent that it involves a “registered organization” (within the meaning of the Nebraska UCC) ceasing to constitute same) and (ii) with respect to such new jurisdiction and/or type of organization, it shall have taken all actions reasonably requested by Lender the Administrative Agent or the Collateral Agent to maintain the security interests of Lender the Administrative Agent or Collateral Agent in the Collateral intended to be granted pursuant to the Security Documents at all times fully perfected and in full force and effect. If at any time Schedule V hereto is not true and correct (as of the date in question, which may be after the Effective Date), whether because of changes thereto or as a result of the creation or acquisition of additional Credit Parties, the Borrower shall promptly furnish to the Administrative Agent and the Collateral Agent a true and correct updated Schedule V, which shall contain the updated information required therein with respect to each Credit Party as of the date of any change thereto.