Conditions Affecting Collateral. The Borrower shall give the Agent at least thirty (30) days prior written notice of any of the following conditions: (a) the opening or acquisition of a new facility or office; (b) a change in the jurisdiction of incorporation of Borrower or any Subsidiary; (c) any creation or acquisition of a Subsidiary; (d) acquisition of any material amount of property by the Borrower or any Subsidiary not subject to a valid and perfected Lien pursuant to the then existing Loan Documents with the priority required by the Loan Documents; or (e) or any change of domicile or change of name or any change of address of the chief executive office of any Loan Party.
Conditions Affecting Collateral. Any of the following conditions:
(a) the creation or acquisition of any new Subsidiaries;
(b) the movement of Inventory or books and records (excluding duplicate sets of books and records) to a location not set forth on Schedule 5.6 hereto, which as of the Closing Date lists all locations where Inventory is located (or such other location as the Borrower has identified to the Agent pursuant to this Subsection 6.3.2) other than (x) Inventory of Protection Services, Inc., ASTI Transportation Systems, Inc., Precision Solar Controls, Inc., SCI Products Inc. and Work Area Protection Corp. which at any time, is valued (at lower or cost or market in accordance with GAAP) at less than $1,000,000 in the aggregate for all such Inventory, and for all such Persons, excluded by this clause (x) at such time and (y) Inventory that is in transit;
(c) the movement of Collateral that is not Inventory or books and records to a location not set forth on Schedule 5.6 (or such other location as the Borrower has identified to the Agent pursuant to this Subsection 6.
Conditions Affecting Collateral. Any of the following conditions: (a) movement of any material amount of Collateral to a location not identified in the Security Agreement; (b) acquisition of property by the Borrower or any Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens and Permitted Perfection Limitations) other than Excluded Assets (subject to the limitations set forth in the last sentence of Section 2 of the Security Agreement); (c) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Borrower or any Guarantor or (d) any other circumstance that could reasonably be expected to adversely affect the attachment, perfection or enforcement of the Administrative Agent’s security interest in the Collateral;
Conditions Affecting Collateral. Any of the following conditions: (a) movement of any material amount of Collateral to a location not identified in the Security Agreement; (b) acquisition of property by the Borrower or any Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens and Permitted Perfection Limitations) other than Excluded Assets; (c) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Borrower or any Guarantor or (d) any other circumstance that could reasonably be expected to adversely affect the attachment, perfection or enforcement of the Administrative Agent's security interest in the Collateral;
Conditions Affecting Collateral. Any of the following conditions: (i) the creation or acquisition of any new Subsidiaries; (ii) the acquisition or lease of any additional Material Real Property; (iii) the movement of any Collateral (excluding mobile equipment in transit and assets under repair at a third-party location) to a location not identified in Schedule 2 to the Security Agreement (other than Collateral having a fair market value of less than $2,000,000 in the aggregate or moved to a location of a contracted construction job in progress); (iv) the acquisition of property by the Borrower or any of its Subsidiaries not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens and Permitted Perfection Limitations and other than property having a fair market value of less than $5,000,000); (v) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Borrower or any of its Subsidiaries; or (vi) any other circumstance that could affect the attachment, perfection or enforcement of the Agent’s security interest in any other material portion of the Collateral;
Conditions Affecting Collateral. Any of the following conditions: (i) movement of any Collateral to a location not covered by a Uniform Commercial Code financing statement, to the extent local filing is required due to the nature of such Collateral; (ii) acquisition of property by the Borrower or any Subsidiary not subject to a valid and perfected, first priority Lien pursuant to the then existing Loan Documents; (iii) any change of name, jurisdiction of registration or address of the chief executive office of the Borrower or any Subsidiary; or (iv) any other circumstance which could affect the attachment or perfection of the Agent's security interest in the Collateral;
Conditions Affecting Collateral. Any of the following conditions: (i) movement of any Collateral of a Loan Party to a location not identified in the Perfection Certificate outside of the ordinary course of business; (ii) acquisition of property by the Borrower or any Subsidiary Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens and Permitted Perfection Limitations); (iii) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Borrower or any Subsidiary Guarantor; or (iv) any other circumstance that would reasonably be expected to have an adverse effect on the attachment, perfection or enforcement of the Agent’s security interest in the Collateral of the Loan Parties.
Conditions Affecting Collateral. Any of the following conditions: (i) movement of any Collateral to a location not identified in the Perfection Certificate; (ii) acquisition of property by the Borrower or any Subsidiary Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens); (iii) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Borrower or any Subsidiary Guarantor; or (iv) any other circumstance that would reasonably be expected to have an adverse effect on the attachment, perfection or enforcement of the Agent’s security interest in the Collateral;
Conditions Affecting Collateral. (a) Any of the following conditions: (i) movement of any U.S. Collateral to a location not identified in the Perfection Certificate; (ii) acquisition of property by the U.S. Borrower or any U.S. Subsidiary Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens); (iii) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the U.S. Borrower or any U.S. Subsidiary Guarantor; or (iv) any other circumstance that would reasonably be expected to have an adverse effect on the attachment, perfection or enforcement of the Agent’s security interest in the U.S. Collateral;
(b) Any of the following conditions: (i) movement of any Canadian Collateral to a location not identified in the Canadian Security Agreement; (ii) acquisition of property by the Canadian Borrower or, if any, any Canadian Subsidiary Guarantor not subject to a valid and perfected first priority Lien pursuant to the Loan Documents (subject to Permitted Liens); (iii) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive office of the Canadian Borrower or any Canadian Subsidiary Guarantor; or (iv) any other circumstance that would reasonably be expected to have an adverse effect on the attachment, perfection or enforcement of the Agent’s security interest in the Canadian Collateral;
Conditions Affecting Collateral. Any of the following conditions: (i) acquisition of property by Borrower not subject to a valid and perfected first priority Lien pursuant to the Loan Documents; or (ii) any change of name, type of business entity or jurisdiction of registration or any change of address of the chief executive officer of Borrower; and 5.
