Location or Name Changes Sample Clauses

The Location or Name Changes clause establishes the procedures and requirements for altering the physical location or the official name of a party involved in an agreement. Typically, this clause requires that any such changes be communicated in writing to the other party within a specified timeframe, ensuring that all records and correspondence remain accurate. Its core function is to maintain clear and up-to-date information between parties, preventing confusion or misdelivery of notices due to outdated contact details.
Location or Name Changes. Borrower will not change its location for purposes of Section 9-307 of the UCC or its name in any manner that could make any financing statement filed in connection with any Loan Document seriously misleading within the meaning of Section 9-506 of the UCC or any similar statute, unless it shall have given Lender at least 30 days’ prior written notice thereof.