Continuous Perfection. Except as permitted by the following sentence, the Grantor will not change its name, identity or corporate structure in any manner and will not change its principal place of business or chief executive office or the places where it keeps the Collateral or the records concerning the Collateral. If the Grantor wishes to make any such change, the Grantor will give the Bank at least thirty (30) days prior written notice thereof and will take all action (or make arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or appropriate in the Bank's sole discretion to amend each financing statement or continuation statement and otherwise to cause the Bank to continue to maintain its first perfected lien on, and security interest in, the Collateral.
Appears in 10 contracts
Samples: Security Agreement (Synovics Pharmaceuticals), Security Agreement (Synovics Pharmaceuticals), Security Agreement (Synovics Pharmaceuticals)
