Corporate Identity. (a) Pledgor will maintain (i) the location of its places of business and its primary corporate office and (ii) the locations where it keeps or holds records relating to the Collateral at the locations at which the same are located as of the date of this Pledge Agreement or at locations other than those specified above if, prior to such relocation, Secured Party shall have given Pledgor written notice thereof. Pledgor shall not in any event change the location of any Collateral if such change would cause the Security Interest in such Collateral to lapse or cease to be perfected.
Appears in 3 contracts
Samples: Borrower Pledge Agreement (Intelect Communications Systems LTD), Borrower Pledge Agreement (Intelect Communications Inc), Pledge Agreement (Intelect Communications Inc)
Corporate Identity. (ai) Pledgor will maintain (i) the location of its places of business and its primary corporate office and (ii) the locations where it keeps or holds records relating to the Collateral Pledged Securities at the locations at which the same are located as of the date of this Pledge Agreement or at locations other than those specified above if, prior to such relocation, Secured Party shall have given Pledgor written notice thereof. Pledgor shall not in any event change the location of any Collateral Pledged Securities if such change would cause the Security Interest in such Collateral to lapse or cease to be perfected.
Appears in 1 contract
Samples: Security and Pledge Agreement (Intelect Communications Inc)