Common use of Location of Offices and Collateral Clause in Contracts

Location of Offices and Collateral. The Debtor represents and warrants to the Secured Party that: (a) as of the date hereof Schedule 2.3 is a correct and complete list of the Debtor's chief executive office, the location of its books and records, the locations of the Collateral, and the locations of all of its other places of business of the Debtor; and (b) Schedule 2.3 correctly identifies any of such facilities and locations that are not owned by the Debtor. The Debtor covenants and agrees that it will not (i) maintain any Collateral at any location other than those locations listed for the Debtor on Schedule 2.3 or in transit to such locations, (ii) otherwise change or add to any of such locations, or (iii) change the location of its chief executive office from the location identified in Schedule 2.3, unless it gives the Secured Party at least thirty (30) days' prior written notice thereof and executes any and all financing statements and other documents that the Secured Party reasonably requests in writing in connection therewith. The Debtor shall not in any event change its chief executive office to a location outside the United States.

Appears in 4 contracts

Samples: Security Agreement (Royal Ahold), Security Agreement (Interiors Inc), Security Agreement (Interiors Inc)

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