Common use of Further Assurances Covenants Clause in Contracts

Further Assurances Covenants. (a) (i) The Company will not establish or change (A) the location of its chief executive office or its chief place of business or (B) except for sales in the ordinary course of business, the locations where it keeps or holds any Collateral or records relating thereto from the applicable location described in the Perfection Certificate unless it shall have given the Collateral Agent notice thereof and an opinion of counsel with respect thereto in accordance with Section 4(k). The Company shall not in any event change the location of any Collateral if such change would cause the Security Interests in such Collateral to lapse or cease to be perfected.

Appears in 2 contracts

Samples: Security Agreement (Jato Communications Corp), Security Agreement (Jato Communications Corp)

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Further Assurances Covenants. (a) (ia)(i) The Company will not establish or change (A) the location of its chief executive office or its chief place of business or (B) except for sales in the ordinary course of business, the locations where it keeps or holds any Collateral or records relating thereto from the applicable location described in the Perfection Certificate unless it shall have given the Collateral Agent notice thereof and an opinion of counsel with respect thereto in accordance with Section 4(k). The Company shall not in any event change the location of any Collateral if such change would cause the Security Interests in such Collateral to lapse or cease to be perfected.

Appears in 2 contracts

Samples: Security Agreement (Jato Communications Corp), Security Agreement (Jato Communications Corp)

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