Common use of Corporate Names and Location of Collateral Clause in Contracts

Corporate Names and Location of Collateral. No Grantor shall (a) change its name, or (b) change its jurisdiction or form of organization or extend or continue its existence in or to any other jurisdiction (other than its jurisdiction of organization at the date of this Agreement) unless such Grantor shall have provided the Collateral Agent with any and all Additional Documents necessary to maintain the perfection of the Collateral Agent’s Liens on the Collateral. Each Grantor shall also provide the Collateral Agent with prior written notification of (i) any new locations where any of the Inventory or Equipment of such Grantor is to be maintained; (ii) the location of any new places of business or the changing or closing of any of its existing places of business; and (iii) any change in such Grantor’s chief executive office. In the event of any of the foregoing the Grantor shall, and the Collateral Agent is hereby authorized to file new U.C.C. Financing Statements describing the Collateral and otherwise in form and substance sufficient for recordation wherever necessary, to perfect or continue perfected the security interest of the Collateral Agent, for the benefit of the Secured Parties, in the Collateral, provided, however, that no such authorization shall obligate the Collateral Agent to make any such filing. Grantors shall pay all filing and recording fees and taxes in connection with the filing or recordation of such U.C.C. Financing Statements and shall immediately reimburse the Collateral Agent therefor if the Collateral Agent pays the same. Such amounts not so paid or reimbursed shall be expenses secured by the Lien of this Agreement on the Collateral.

Corporate Names and Location of Collateral. No Grantor Company shall (a) change its corporate name, unless, in each case, such Company shall provide Agent and the Banks with at least thirty (30) days prior written notice thereof. No Company shall use trade names, assumed names or fictitious names without giving Agent and the Banks at least thirty (b30) change its jurisdiction or form of organization or extend or continue its existence in or to any other jurisdiction (other than its jurisdiction of organization at the date of this Agreement) unless such Grantor shall have provided the Collateral Agent with any and all Additional Documents necessary to maintain the perfection of the Collateral Agent’s Liens on the Collateraldays prior written notice thereof. Each Grantor Borrowers shall also provide the Collateral Agent with at least thirty (30) days prior written notification of (ia) any change in any location where any Company's Inventory or Equipment is maintained and any new locations where any of the Company's Inventory or Equipment of such Grantor is to be maintainedmaintained (provided that such Inventory and/or Equipment at any time can reasonably be expected to have an aggregate value in excess of $500,000); (iib) any change in the location of the office where any Company's records pertaining to its Accounts are kept; (c) the location of any new places of business or and the changing or closing of any of its existing places of business; and (iiid) any change in such Grantor’s any Company's chief executive office. In the event of any of the foregoing or as a result of any change of applicable law with respect to the Grantor shalltaking of security interests, and the Collateral Borrowers agree that Agent is hereby authorized to may file new U.C.C. Financing Statements financing statements describing the Collateral and otherwise in form and substance sufficient for recordation wherever necessarynecessary or appropriate, as determined in Agent's sole discretion, to perfect or continue perfected the security interest of the Collateral Agent, for the benefit of the Secured PartiesBanks, in the Collateral, providedbased upon such new places of business or names or such change in applicable law, however, that no such authorization shall obligate the Collateral Agent to make any such filing. Grantors and Borrowers shall pay all filing and recording fees and taxes in connection with the filing or recordation of such U.C.C. Financing Statements financing statements and shall immediately reimburse the Collateral Agent therefor if the Collateral Agent pays the same. Such amounts not so paid or reimbursed shall be expenses secured by the Lien of this Agreement on the CollateralRelated Expenses hereunder.

Corporate Names and Location of Collateral. No Grantor Company will change its corporate name, unless, in each case, such Company shall provide Bank with at least thirty (30) days prior written notice thereof. No Company will use trade names, assumed names or fictitious names without giving Bank at least thirty (30) days' prior written notice thereof. Borrowers shall also provide Bank with at least thirty (30) days' prior written notification of: (a) any change its namein any location where any Company's Inventory or Equipment is maintained, or (b) change its jurisdiction or form of organization or extend or continue its existence in or to any other jurisdiction (other than its jurisdiction of organization at the date of this Agreement) unless such Grantor shall have provided the Collateral Agent with any and all Additional Documents necessary to maintain the perfection of the Collateral Agent’s Liens on the Collateral. Each Grantor shall also provide the Collateral Agent with prior written notification of (i) any new locations where any of the Company's Inventory or Equipment of such Grantor is to be maintained; (iib) any change in the location of the office where any Company's records pertaining to its Accounts are kept; (c) the location of any new places of business or and the changing or closing of any of its existing places of business; and (iiid) any change in such Grantor’s any Company's chief executive office. .. In the event of any of the foregoing foregoing, Borrowers shall promptly execute and deliver to Bank (and Borrowers agree that Bank may execute and deliver the Grantor shall, and the Collateral Agent is hereby authorized to file same as Borrowers' irrevocable attorney-in-fact) new U.C.C. Financing Statements financing statements describing the Collateral and otherwise in form and substance sufficient for recordation wherever necessarynecessary or appropriate, as determined in Bank's sole discretion, to perfect or continue perfected the Bank's security interest of in the Collateral Agentbased upon such new places of business or names, for the benefit of the Secured Parties, in the Collateral, provided, however, that no such authorization shall obligate the Collateral Agent to make any such filing. Grantors and Borrowers shall pay all filing and recording fees and taxes in connection with the filing or recordation of such U.C.C. Financing Statements financing statements and shall immediately reimburse the Collateral Agent Bank therefor if the Collateral Agent Bank pays the same. Such amounts not so paid or reimbursed shall be expenses secured by the Lien of this Agreement on the CollateralRelated Expenses hereunder.

Corporate Names and Location of Collateral. No Grantor shall (a) change its name, or (b) change its jurisdiction or form of organization or extend or continue its existence in or to any other jurisdiction (other than its jurisdiction of organization at the date of this Agreement) unless such Grantor shall have provided the Collateral Agent with any and all Additional Documents necessary to maintain the perfection of the Collateral Agent’s 's Liens on the Collateral. Each Grantor shall also provide the Collateral Agent with prior written notification of (i) any new locations where any of the Inventory or Equipment of such Grantor is to be maintained; (ii) the location of any new places of business or the changing or closing of any of its existing places of business; and (iii) any change in such Grantor’s 's chief executive office. In the event of any of the foregoing the Grantor shall, and the Collateral Agent is hereby authorized to file new U.C.C. Financing Statements describing the Collateral and otherwise in form and substance sufficient for recordation wherever necessary, to perfect or continue perfected the security interest of the Collateral Agent, for the benefit of the Secured Parties, in the Collateral, provided, however, that no such authorization shall obligate the Collateral Agent to make any such filing. Grantors shall pay all filing and recording fees and taxes in connection with the filing or recordation of such U.C.C. Financing Statements and shall immediately reimburse the Collateral Agent therefor if the Collateral Agent pays the same. Such amounts not so paid or reimbursed shall be expenses secured by the Lien of this Agreement on the Collateral.

Corporate Names and Location of Collateral. No Grantor Company shall (a) change its corporate name, unless, in each case, such Company shall provide Agent and the Banks with at least thirty (30) days prior written notice thereof. No Company shall use trade names, assumed names or fictitious names without giving Agent and the Banks at least thirty (b30) change its jurisdiction or form of organization or extend or continue its existence in or to any other jurisdiction (other than its jurisdiction of organization at the date of this Agreement) unless such Grantor shall have provided the Collateral Agent with any and all Additional Documents necessary to maintain the perfection of the Collateral Agent’s Liens on the Collateraldays prior written notice thereof. Each Grantor Borrowers shall also provide the Collateral Agent with at least thirty (30) days prior written notification of (ia) any change in any location where any Company’s Inventory or Equipment is maintained and any new locations where any of the Company’s Inventory or Equipment of such Grantor is to be maintainedmaintained (provided that such Inventory and/or Equipment at any time can reasonably be expected to have an aggregate value in excess of $500,000); (iib) any change in the location of the office where any Company’s records pertaining to its Accounts are kept; (c) the location of any new places of business or and the changing or closing of any of its existing places of business; and (iiid) any change in such Grantorany Company’s chief executive office. In the event of any of the foregoing or as a result of any change of applicable law with respect to the Grantor shalltaking of security interests, and the Collateral Borrowers agree that Agent is hereby authorized to may file new U.C.C. Financing Statements financing statements describing the Collateral and otherwise in form and substance sufficient for recordation wherever necessarynecessary or appropriate, as determined in Agent’s sole discretion, to perfect or continue perfected the security interest of the Collateral Agent, for the benefit of the Secured PartiesBanks, in the Collateral, providedbased upon such new places of business or names or such change in applicable law, however, that no such authorization shall obligate the Collateral Agent to make any such filing. Grantors and Borrowers shall pay all filing and recording fees and taxes in connection with the filing or recordation of such U.C.C. Financing Statements financing statements and shall immediately reimburse the Collateral Agent therefor if the Collateral Agent pays the same. Such amounts not so paid or reimbursed shall be expenses secured by the Lien of this Agreement on the CollateralRelated Expenses hereunder.