Common use of Debtor’s Covenants Clause in Contracts

Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days’ prior written notice.

Appears in 11 contracts

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

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Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days' prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days' prior written notice.

Appears in 5 contracts

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

Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ days prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days’ days prior written notice.

Appears in 2 contracts

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

Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor Debtor's State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days' prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days' prior written notice.

Appears in 1 contract

Samples: Security Agreement (International Absorbents Inc)

Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his his/her state of residence without providing Secured Party with 30 days’ prior written notice.

Appears in 1 contract

Samples: Security Agreement (Applied Optoelectronics, Inc.)

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Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees Debtors agree that it they will, except as permitted in the Loan Agreement or other Loan Documents: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ prior written notice; and 6.4 not change the state of its their Place of Business or, if any Debtor is an individual, change his or her state of residence without providing Secured Party with 30 days’ prior written notice.

Appears in 1 contract

Samples: Security Agreement (Hallwood Group Inc)

Debtor’s Covenants. Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor Debt or State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ days prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days’ days prior written notice.

Appears in 1 contract

Samples: Security Agreement (Goldfield Corp)

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