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UCC, unless it shall have given the Buyer at least 30 days\u2019 prior written notice thereof and shall have taken all action prior to making such change (or shall have made arrangements to take such action substantially simultaneously with such change, if it is not possible to take such action in advance) reasonably necessary or advisable in the opinion of the Buyer to amend all previously filed financing statements or continuation statements described in Section 2.4(a).", "samples": [{"hash": "46nlql8BzZ4", "uri": "/contracts/46nlql8BzZ4#name-change", "label": "Exchange Note Sale Agreement (World Omni LT)", "score": 35.2272415161, "published": true}, {"hash": "bndbRaTRwzA", "uri": "/contracts/bndbRaTRwzA#name-change", "label": "Exchange Note Sale Agreement (World Omni LT)", "score": 35.2108154297, "published": true}, {"hash": "7Ej9FW1Esl3", "uri": "/contracts/7Ej9FW1Esl3#name-change", "label": "Exchange Note Sale Agreement (World Omni LT)", "score": 34.5783691406, "published": 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recorded?", "How do courts typically interpret and enforce name change provisions in contracts?", "Are there industry-specific standards or statutory requirements that should be referenced in drafting this clause?"], "drafting_tip": "Specify the process for requesting a name change to ensure clarity; require written notice to provide a record; define effective date to avoid disputes.", "explanation": "A Name Change clause sets out the procedures and requirements if a party to the agreement changes its legal name during the contract term. Typically, this clause obligates the party undergoing a name change to promptly notify the other party in writing and provide any necessary documentation to confirm the change. Its core function is to ensure continuity and clarity in contractual obligations, preventing confusion or disputes that could arise from a party operating under a different name."}, "json": true, "cursor": ""}}