Common use of Name Change; Organizational Change; Creation of Affiliates Clause in Contracts

Name Change; Organizational Change; Creation of Affiliates. Provide Lender with not fewer than thirty (30) calendar days’ notice in an Authenticated Record prior to any proposed (a) change in Borrower’s state of organization or organizational structure, (b) change of Borrower’s name, (c) use of any trade name or fictitious name, “d/b/a” or other similar designation, (d) creation of any Affiliate under the control of Borrower, or (e) transaction or series of transactions pursuant to which Borrower would become an Affiliate under the control of any other Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Castle Brands Inc), Loan and Security Agreement (Castle Brands Inc), Loan and Security Agreement (iGambit, Inc.)

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Name Change; Organizational Change; Creation of Affiliates. Provide Lender with not fewer than thirty (30) calendar days’ notice in an Authenticated Record prior to any proposed (a) change in Borrower’s state of organization or organizational structure, (b) change of Borrower’s name, (c) use of any trade name or fictitious name, “d/b/a” or other similar designationdesignation not described in the Disclosure Schedule, (d) creation of any Affiliate under the control of Borrower, or (e) transaction or series of transactions pursuant to which Borrower would become an Affiliate under the control of any other Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Blue Star Foods Corp.), Loan and Security Agreement (General Employment Enterprises Inc)

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Name Change; Organizational Change; Creation of Affiliates. Provide Lender with not fewer than thirty (30) calendar days' notice in an Authenticated Record prior to any proposed (a) change in Borrower’s 's state of organization or organizational structure, (b) change of Borrower’s 's name, (c) use of any trade name or fictitious name, “d/b/a” or other similar designation, (d) creation of any Affiliate under the control of Borrower, or (e) transaction or series of transactions pursuant to which Borrower would become an Affiliate under the control of any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

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