Common use of Financing Statement Filings; Notifications Clause in Contracts

Financing Statement Filings; Notifications. Debtor recognizes that financing statements pertaining to the Collateral have been or will be filed with the offices of the Secretary of State for the States listed in Exhibit A hereto. Debtor will immediately notify the Secured Party of any condition or event that may change the proper location for the filing of any financing statement or other public notice or recording for the purpose of perfecting a security interest in the Collateral. Without limiting the generality of the foregoing, Debtor will (a) notify the Secured Party within a reasonable period of time in advance of any change to a jurisdiction other than as represented in Section 3.3 hereof, (i) in the location of Debtor’s chief place of business, (ii) in the location of the office where Debtor keeps its records concerning the Accounts and the General Intangibles and the original of all the Accounts Records, or (iii) in the “location” of Debtor within the meaning of Section 9-103(c) of the UCC, and (b) immediately notify Secured Party of any change in Debtor’s name. In any notice furnished pursuant to this Section, Debtor will expressly state that the notice is required by this Agreement and contains facts that will or may require additional filings of financing statements or other notices for the purpose of continuing perfection of the Secured Party’s security interest in the Collateral.

Appears in 5 contracts

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

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Financing Statement Filings; Notifications. Debtor recognizes that financing statements pertaining to the Collateral have been or will be filed with the offices of the Secretary of State for the States listed in Exhibit A hereto. Debtor will immediately notify the Secured Party of any condition or event that may change the proper location for the filing of any financing statement or other public notice or recording for the purpose of perfecting a security interest in the Collateral. Without limiting the generality of the foregoing, Debtor will (a) notify the Secured Party within a reasonable period of time in advance of any change to a jurisdiction other than as represented in Section 3.3 hereof, (i) in the location of Debtor’s 's chief place of business, (ii) in the location of the office where Debtor keeps its records concerning the Accounts and the General Intangibles and the original of all the Accounts Records, or (iii) in the "location" of Debtor within the meaning of Section 9-103(c) of the UCC, and (b) immediately notify Secured Party of any change in Debtor’s 's name. In any notice furnished pursuant to this Section, Debtor will expressly state that the notice is required by this Agreement and contains facts that will or may require additional filings of financing statements or other notices for the purpose of continuing perfection of the Secured Party’s 's security interest in the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Middle Bay Oil Co Inc), Security Agreement (Edge Petroleum Corp)

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Financing Statement Filings; Notifications. Debtor recognizes that financing statements pertaining to the Collateral have been or will be filed with the offices of the Secretary of State for the States listed in Exhibit A hereto. Debtor will immediately notify the Secured Party of any condition or event that may change the proper location for the filing of any financing statement or other public notice or recording for the purpose of perfecting a security interest in the Collateral. Without limiting the generality of the foregoing, Debtor will (a) ten days prior to taking such action, notify the Secured Party within a reasonable period of time in advance of any change to a jurisdiction other than as represented in Section 3.3 hereof, (i) in the location of Debtor’s 's chief place of business, (ii) in the location of the office where Debtor keeps its records concerning the Accounts and the General Intangibles and the original of all the Accounts Records, or (iii) in the "location" of Debtor within the meaning of Section 9-103(c) 307 of the UCC, and (b) immediately within ten days after taking such action, notify Secured Party of any change in Debtor’s 's name. In any notice furnished pursuant to this Section, Debtor will expressly state that the notice is required by this Agreement and contains facts that will or may require additional filings of financing statements or other notices for the purpose of continuing perfection of the Secured Party’s 's security interest in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Primeenergy Corp)

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