Common use of Debtor Information; Validity, Perfection and Maintenance of Security Interests Clause in Contracts

Debtor Information; Validity, Perfection and Maintenance of Security Interests. (a) All of the information set forth on Schedule 4.3(a), including, without limitation, each Debtor’s name, jurisdiction of organization and location of Collateral, are true, correct and complete in all respects. No Debtor shall change its name, type of organization, jurisdiction of organization, organizational identification number (if it has one), legal or corporate structure, or identity, or add any new fictitious name unless it provides at least thirty (30) days’ prior written notice to the Secured Parties of such change and, at the time of such written notification, such Debtor provides any financing statements or fixture filings necessary to perfect and continue perfected the perfected Security Interest granted and evidenced by this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Applied Digital Solutions Inc), Security Agreement (Digital Angel Corp)

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Debtor Information; Validity, Perfection and Maintenance of Security Interests. (a) All of the information set forth on Schedule 4.3(a)II, including, without limitation, each Debtor’s name, jurisdiction of organization and location of Collateral, are true, correct and complete in all respects. No Debtor shall change its name, type of organization, jurisdiction of organization, organizational identification number (if it has one), legal or corporate structure, or identity, or add any new fictitious name unless it provides at least thirty (30) days’ prior written notice to the Secured Parties of such change and, at the time of such written notification, such Debtor provides any financing statements or fixture filings necessary to perfect and continue perfected the perfected Security Interest granted and evidenced by this Agreement.

Appears in 2 contracts

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

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