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

Corporate Names and Location of Collateral. Pledgor shall not (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) except in accordance with Section 5.19 of the Credit Agreement. 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 or appropriate, as determined in Agent’s sole discretion, to perfect or continue perfected the security interest of Agent, for the benefit of the Lenders, in the Collateral. Pledgor 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 Agent therefor if Agent pays the same. Such amounts not so paid or reimbursed shall be Related Expenses.

Appears in 4 contracts

Samples: Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp)

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