Common use of Location of Seller, Records; Instruments Clause in Contracts

Location of Seller, Records; Instruments. The Seller (x) shall not move outside the Commonwealth of Pennsylvania, the location of its chief executive office, without 30 days' prior written notice to the Deal Agent and (y) shall not move, or consent to the Collateral Custodian or Servicer moving, the Contract Files from the possession of the Collateral Custodian thereof on the Closing Date, without 30 days' prior written notice to the Deal Agent and (z) will promptly take all actions required of each relevant jurisdiction in order to continue the first priority perfected security interest of the Deal Agent as agent for the Purchasers in all Assets in the Asset Pool. The Seller will give the Deal Agent prompt notice of a change within the Commonwealth of Pennsylvania of the location of its chief executive office.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc), Receivables Purchase Agreement (Resource America Inc)

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Location of Seller, Records; Instruments. The Seller (x) shall not move outside the Commonwealth State of Pennsylvania, the location of its chief executive office, without 30 days' prior written notice to the Deal Agent and (y) shall not move, or consent to the Collateral Custodian or Servicer moving, the Contract Files from the possession of the Collateral Custodian thereof on the Closing Initial Purchase Date, without 30 days' prior written notice to the Deal Agent and (z) will promptly take all actions required of each relevant jurisdiction in order to continue the first priority perfected security interest of the Deal Agent as agent for the Purchasers Secured Parties in all Assets in the Asset Pool. The Seller will give the Deal Agent prompt notice of a change within the Commonwealth State of Pennsylvania Delaware of the location of its chief executive office.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Business Financial Services Inc /De/)

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Location of Seller, Records; Instruments. The Seller (x) shall not move outside the Commonwealth of Pennsylvania, the location of its chief executive office, without 30 days' prior written notice to the Deal Agent and (y) shall not move, or consent to the Collateral Custodian or Servicer moving, the Contract Files from the possession of the Collateral Custodian thereof on the Closing Date, without 30 days' prior written notice to the Deal Agent and (z) will promptly take all actions required of each relevant jurisdiction in order to continue the first priority perfected security interest of the Deal Agent as agent for the Purchasers Secured Parties in all Assets in the Asset Pool. The Seller will give the Deal Agent prompt notice of a change within the Commonwealth of Pennsylvania of the location of its chief executive office.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fidelity Leasing Inc)

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