Common use of Grantor Information & Status Clause in Contracts

Grantor Information & Status. Without limiting any prohibitions or restrictions on mergers or other transactions set forth in the Credit Agreement, and except as it may be permitted to do so under the Credit Agreement, it shall not change such Grantor’s name, identity, corporate structure (e.g. by merger, consolidation, change in corporate form or otherwise), sole place of business (or principal residence if such Grantor is a natural person), chief executive office, type of organization or jurisdiction of organization or establish any trade names unless it shall have (a) notified the Collateral Agent in writing promptly with respect to any such change or establishment, identifying such new proposed name, identity, corporate structure, sole place of business (or principal residence if such Grantor is a natural person), chief executive office, jurisdiction of organization or trade name and providing such other information in connection therewith as the Collateral Agent may reasonably request and (b) except as provided in the Credit Agreement or herein, taken all actions necessary to maintain the continuous validity, perfection and the same or better priority of the Collateral Agent’s security interest in that portion of the Collateral granted or intended to be granted and agreed to hereby, which in the case of any merger or other change in corporate structure shall include, without limitation, executing and delivering to the Collateral Agent a completed Pledge Supplement, substantially in the form of Annex A attached hereto, upon completion of such merger or other change in corporate structure confirming the grant of the security interest hereunder.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Hologic Inc), Pledge and Security Agreement (Hologic Inc)

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Grantor Information & Status. Without limiting any prohibitions or restrictions on mergers or other transactions set forth in the Credit Agreement, and except as it may be permitted to do so under the Credit AgreementIndenture, it shall not change such Grantor’s name, identity, corporate structure (e.g. by merger, consolidation, change in corporate form or otherwise), sole place of business (or principal residence if such Grantor is a natural person), chief executive office, type of organization or jurisdiction of organization or establish any trade names unless it shall have (a) notified the Notes Collateral Agent in writing promptly with respect at least ten (10) days (or such shorter period as is acceptable to the Notes Collateral Agent) prior to any such change or establishment, identifying such new proposed name, identity, corporate structure, sole place of business (or principal residence if such Grantor is a natural person), chief executive office, office or jurisdiction of organization or trade name and providing such other information in connection therewith as the Notes Collateral Agent may reasonably request and (b) except as provided in the Credit Agreement or herein, taken all actions necessary or advisable to maintain the continuous validity, perfection and the same or better priority of the Notes Collateral Agent’s security interest in that portion of the Collateral granted or intended to be granted and agreed to hereby, or as the Notes Collateral Agent may reasonably request, which in the case of any merger or other change in corporate structure shall include, without limitation, executing and delivering to the Notes Collateral Agent a completed Pledge Supplement, substantially in Supplement together with all Supplements to Schedules thereto (without any action by the form of Annex A attached heretoNotes Collateral Agent), upon completion of such merger or other change in corporate structure confirming the grant of the security interest hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)

Grantor Information & Status. (a) Without limiting any prohibitions or restrictions on mergers or other transactions set forth in the Credit Agreement, and except as it may be permitted to do so under the Credit Agreement, it shall not change such Grantor’s name, identity, corporate structure (e.g. by merger, consolidation, change in corporate form or otherwise), sole place of business (or principal residence if such Grantor is a natural person), chief executive office, type of organization or jurisdiction of organization or establish any trade names unless it shall have (a) notified the Collateral Agent in writing promptly with respect at least ten (10) Business Days, or such shorter period as agreed to by Collateral Agent in its sole discretion, prior to any such change or establishment, identifying such new proposed name, identity, corporate structure, sole place of business (or principal residence if such Grantor is a natural person), chief executive office, jurisdiction of organization or trade name and providing such other information in connection therewith as the Collateral Agent may reasonably request and (b) except as provided in the Credit Agreement or herein, taken all actions necessary to maintain the continuous validity, perfection and the same or better priority of the Collateral Agent’s security interest in that portion of the Collateral granted or intended to be granted and agreed to hereby, which in the case of any merger or other change in corporate structure shall include, without limitation, executing and delivering to the Collateral Agent a completed Pledge Supplement, substantially in the form of Annex A attached hereto, upon completion of such merger or other change in corporate structure confirming the grant of the security interest hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Aeroflex Inc)

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Grantor Information & Status. Without limiting any prohibitions or restrictions on mergers or other transactions set forth in the Credit Agreement, and except as it may be permitted to do so under the Credit AgreementIndenture, or any Other Pari Passu Lien Debt Document, it shall not change such Grantor’s name, identity, corporate structure (e.g. by merger, consolidation, change in corporate form or otherwise), the location of its sole place of business (or principal residence if such Grantor is a natural person), ) or chief executive office, or its type of organization or jurisdiction of organization or establish any trade names organization, unless it shall have (a) notified the Collateral Agent Trustee in writing promptly with respect at least ten (10) Business Days prior to any such change or establishment, identifying such new proposed name, identity, corporate structure, sole place of business (or principal residence if such Grantor is a natural person), chief executive office, jurisdiction of organization or trade name and providing such other information in connection therewith as the Collateral Agent Trustee may reasonably request and (b) except as provided in the Credit Agreement or herein, taken all actions reasonably necessary or advisable to maintain the continuous validity, perfection and the same or better priority of the Collateral AgentTrustee’s security interest in that portion of the Collateral granted or intended to be granted and agreed to hereby, which in the case of any merger or other change in corporate structure shall include, without limitation, include executing and delivering to the Collateral Agent Trustee a completed Pledge Supplement, substantially in Supplement together with all supplements to the form of Annex A attached heretoSchedules thereto, upon completion of such merger or other change in corporate structure confirming the grant of the security interest hereunder.

Appears in 1 contract

Samples: Securities Account Control Agreement (Sunedison, Inc.)

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