Common use of Location of Collateral and Records Clause in Contracts

Location of Collateral and Records. The Company represents and warrants that it has no place of business, offices where the Company's books of account and records are kept, or places where the Collateral is used, stored or located, except as set forth on Schedule II annexed hereto, and covenants that the Company will promptly notify M&K of any change in the foregoing representation. The Company shall at all times maintain its records as to the Collateral at its chief place of business at the address referred to on Schedule II and at none other.

Appears in 4 contracts

Samples: Security and Pledge Agreement (Major Automotive Companies Inc), Security and Pledge Agreement (Fidelity Holdings Inc), Security and Pledge Agreement (Major Automotive Companies Inc)

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