Common use of Information Regarding Collateral Clause in Contracts

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 13 contracts

Samples: Credit Agreement (Select Medical Holdings Corp), Credit Agreement (Concentra Group Holdings Parent, Inc.), First Lien Term Loan Credit Agreement (Select Medical Holdings Corp)

AutoNDA by SimpleDocs

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days10 days following such change) of any change (i) in any Loan Party’s legal name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this SectionSection 5.03.

Appears in 6 contracts

Samples: Credit Agreement (Tempus AI, Inc.), Credit Agreement (Tempus AI, Inc.), Credit Agreement (Tempus AI, Inc.)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each In the case of the Borrower, each year, at the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.01(a5.04(a), the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this SectionSection 5.06.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Community Choice Financial Inc.), Revolving Credit Agreement (Reliant Software, Inc.), Revolving Credit Agreement (Community Choice Financial Inc.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Original Effective Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 3 contracts

Samples: Credit Agreement (Select Medical Corp), Credit Agreement (Select Medical Corp), Credit Agreement (Select Medical Holdings Corp)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change in (i) in any Loan Party’s legal name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) any Loan Party’s Federal Taxpayer Identification Number. The Holdings and the Borrower agrees agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Administrative Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Holdings and the Borrower also agrees agree promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each In the case of the Borrower, each year, at the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.01(a5.4(a), the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this SectionSection 5.6.

Appears in 3 contracts

Samples: Credit Agreement (Daramic, LLC), Credit Agreement (Polypore International, Inc.), Credit Agreement (Polypore International, Inc.)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change (i) in the corporate name of any Loan Party’s legal name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each In the case of the Borrower, each year, at the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.01(a5.04(a), the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this SectionSection 5.06.

Appears in 3 contracts

Samples: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 60 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this SectionSection (it being understood that with such updates to the Perfection Certificate the Borrower need not conduct additional lien or other database searches or list any filing offices or give the information required by Section 3 thereof).

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (Usp Mission Hills, Inc.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 2 contracts

Samples: Credit Agreement (Select Medical Corp), Credit Agreement (Ameripath Inc)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a5.01 (a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 2 contracts

Samples: Credit Agreement (AGA Medical Holdings, Inc.), Credit Agreement (AGA Medical Holdings, Inc.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 60 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer General Counsel or Assistant General Counsel of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this SectionSection (it being understood that with such updates to the Perfection Certificate the Borrower need not conduct additional lien or other database searches or list any filing offices or give the information required by Section 3 thereof).

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (Shoreline Real Estate Partnership, LLP)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Holdings and the Borrower agrees agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Holdings and the Borrower also agrees agree promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each yearIn the case of the Borrower, at the time request of delivery of the Administrative Agent, together with the annual financial statements delivered pursuant to Section 5.01(a5.04(a), the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Schedules I, II and IV of the Perfection Certificate Guarantee and Collateral Agreement or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date Guarantee and Collateral Agreement or the date of the most recent certificate delivered pursuant to this SectionSection 5.06.

Appears in 2 contracts

Samples: Credit Agreement (Hawaiian Telcom Holdco, Inc.), Credit Agreement (Hawaiian Telcom Holdco, Inc.)

AutoNDA by SimpleDocs

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in the corporate name of any Loan Party’s legal name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent Lenders to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent and the Lenders if any material portion of the Collateral is damaged or destroyed. (b) Each In the case of the Borrower, each year, at the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.01(a‎Section 5.04(a), the Borrower shall deliver to the Collateral Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section‎Section 5.06.

Appears in 1 contract

Samples: Credit Agreement (Electronic Cigarettes International Group, Ltd.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal 's corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s 's organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, year at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Sections 1 and 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this Section, provided that the Borrower shall deliver the certificate required by this Section 5.03(b) with respect to Sections 1(a), 1(c), 1(e), 1(f) and 2(f) of the Perfection Certificate on a quarterly basis at the time of delivery of financial statements pursuant to Sections 5.01(a) and (b).

Appears in 1 contract

Samples: Credit Agreement (Wix Filtration Media Specialists, Inc.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice of (but in no event later than 90 daysdays following) of any change (i) in any Loan Party’s legal name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 1 contract

Samples: Credit Agreement (InnovAge Holding Corp.)

Information Regarding Collateral. (a) The Borrower will furnish to the Collateral Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal 's corporate name, (ii) in the jurisdiction of incorporation or organization of any Loan Party or (iii) in any Loan Party’s 's organizational identification number. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. (b) Each year, at the time of delivery of annual financial statements pursuant to Section 5.01(a), the Borrower shall deliver to the Collateral Agent a certificate executed by a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Effective Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 1 contract

Samples: Credit Agreement (Select Specialty Hospital Topeka Inc)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number (if any). The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise other actions have been taken that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each yearIn the case of the Borrower, at the time of delivery of annual the financial statements pursuant to required by Section 5.01(a5.04(a) or (b), the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth the information required pursuant to Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this SectionSection 5.06.

Appears in 1 contract

Samples: Credit Agreement (Deltek, Inc)

Information Regarding Collateral. (a) The Borrower will furnish Furnish to the Collateral Administrative Agent prompt written notice (but in no event later than 90 days) of any change (i) in any Loan Party’s legal corporate name, (ii) in the jurisdiction of incorporation organization or organization formation of any Loan Party or Party, (iii) in any Loan Party’s organizational identification numberidentity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Parent and each Borrower agrees agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Parent and each Borrower also agrees agree promptly to notify the Collateral Administrative Agent if any material portion of the Collateral is damaged or destroyed. (b) Each In the case of Parent, each year, at the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to clause (a) of Section 5.01(a)5.04, the Borrower shall deliver to the Collateral Administrative Agent a certificate executed by of a Financial Officer and the chief legal officer of the Borrower setting forth Parent supplementing the information required pursuant to the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section.

Appears in 1 contract

Samples: Credit Agreement (Wellcare Health Plans, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!