Common use of Maintenance of Office; Certain Changes Clause in Contracts

Maintenance of Office; Certain Changes. Each Credit Party will maintain its chief executive office, distribution center, warehouse, shipping center, plant, factory, or other similar location containing more than $100,000 in assets or property, or any office in which any Credit Party maintains books or records relating to any Collateral owned by any Credit Party, or any office from which Receivables are invoiced by any Credit Party or at which Receivables payments are received by any Credit Party, at the locations identified in the Perfection Certificate delivered by such Credit Party to the Administrative Agent, or at such other place in the United States as the Borrower Representative shall designate upon no less than thirty (30) days prior written notice to the Administrative Agent (or such shorter period as may be acceptable to the Administrative Agent) and the acknowledgement of the Administrative Agent that all actions required by the Administrative Agent, including those to continue the perfection of its Liens, shall have been completed; provided, however, that the Credit Parties may change their chief executive office location by providing less than (30) days prior written notice to the Administrative Agent by moving to a location in the United States if prior to entering into any lease for such location, the Administrative Agent shall have received a Lien Waiver in form and substance acceptable to the Administrative Agent. Each Credit Party shall notify the Administrative Agent, in writing, not less than thirty (30) days’ (or such shorter period as may be acceptable to the Administrative Agent) and the acknowledgement of the Administrative Agent that all actions required by the Administrative Agent, including those to continue the perfection of its Liens, shall have been completed prior to (a) any change in its name or in any trade name used to identify it, or the type of its organization, jurisdiction of organization, organizational identification number, or tax identification number, (b) the acquisition of any Real Estate pursuant to Section 7.05 or (c) the acquisition of any material asset to the extent located in any jurisdiction other than those jurisdictions located in the United States of America.

Maintenance of Office; Certain Changes. Each Credit Party will maintain its chief executive office, distribution center, warehouse, shipping center, plant, factory, or other similar location containing more than $100,000 in assets or property, or any office in which any Credit Party maintains books or records relating to any Collateral owned by any Credit Party, or any office from which Receivables are invoiced by any Credit Party or at which Receivables payments are received by any Credit Party, at the locations identified in the Perfection Certificate delivered by such Credit Party to the Administrative Agent, or at such other place in the United States as the Borrower Representative shall designate upon no less than thirty (30) days prior written notice to the Administrative Agent (or such shorter period as may be acceptable to the Administrative Agent) and the acknowledgement of the Administrative Agent that all actions required by the Administrative Agent, including those to continue the perfection of its Liens, shall have been completed; provided, however, that the Credit Parties may change their chief executive office location by providing less than (30) days prior written notice to the Administrative Agent by moving to a location in the United States if prior to entering into any lease for such location, the Administrative Agent shall have received a Lien Waiver in form and substance acceptable to the Administrative Agent. Each Credit Party shall notify the Administrative Agent, in writing, not less than thirty (30) days’ ' (or such shorter period as may be acceptable to the Administrative Agent) and the acknowledgement of the Administrative Agent that all actions required by the Administrative Agent, including those to continue the perfection of its Liens, shall have been completed prior to (a) any change in its name or in any trade name used to identify it, or the type of its organization, jurisdiction of organization, organizational identification number, or tax identification number, (b) the acquisition of any Real Estate pursuant to Section 7.05 or (c) the acquisition of any material asset to the extent located in any jurisdiction other than those jurisdictions located in the United States of America.