Common use of New Collateral Locations Clause in Contracts

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 14 contracts

Samples: Loan and Security Agreement (Bayou Steel Corp), Loan and Security Agreement (Poindexter J B & Co Inc), Loan and Security Agreement (Ecogen Inc)

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New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including including, without limitation, UCC financing statements.

Appears in 7 contracts

Samples: Loan and Security Agreement (Eagle Food Centers Inc), Loan and Security Agreement (Eagle Food Centers Inc), Loan and Security Agreement (Storage Dimensions Inc)

New Collateral Locations. Borrower may only open any new location within the continental United States provided Borrower Borrower (a) gives Lender thirty (30) days prior written notice from Borrower of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 6 contracts

Samples: Loan and Security Agreement (Ic Isaacs & Co Inc), Loan and Security Agreement (Impax Laboratories Inc), Loan and Security Agreement (Hypercom Corp)

New Collateral Locations. Each Borrower and Guarantor may open any new location within the continental United States provided such Borrower or Guarantor (a) gives Lender thirty (30) days days' prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Waxman Industries Inc), Loan and Security Agreement (Waxman Industries Inc)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including including, without limitation, UCC financing statements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ametech Inc), Loan and Security Agreement (Planet Entertainment Corp)

New Collateral Locations. Either Borrower may open any new location within the continental United States provided such Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Go Video Inc), Loan and Security Agreement (United Grocers Inc /Or/)

New Collateral Locations. Borrower Borrowers may open any new location within ------------------------ the continental United States provided Borrower Borrowers (a) gives give Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes execute and deliversdeliver, or causes cause to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its their interests in the Collateral at such location, including including, without limitation, UCC financing statements.

Appears in 1 contract

Samples: Loan and Security Agreement (Cybex International Inc)

New Collateral Locations. Any Borrower may open any new location within the continental United States provided the applicable Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 1 contract

Samples: Loan and Security Agreement (Perma Fix Environmental Services Inc)

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New Collateral Locations. Borrower may open any new location within Canada and the continental United States provided Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including PPSA and UCC financing statements.

Appears in 1 contract

Samples: Loan Agreement (Cluett Peabody & Co Inc /De)

New Collateral Locations. Borrower Borrowers may open any new location within the continental United States provided Borrower Borrowers (a) gives give Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes execute and deliversdeliver, or causes cause to be executed and delivereddelivered to Lender, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including including, without limitation, UCC financing statements.

Appears in 1 contract

Samples: Loan and Security Agreement (Grossmans Inc)

New Collateral Locations. Each Borrower may open any new location within the continental United States provided Borrower Borrowers (a) gives give Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes execute and deliversdeliver, or causes cause to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including UCC financing statements.

Appears in 1 contract

Samples: Loan and Security Agreement (Picturetel Corp)

New Collateral Locations. Any Borrower may open any a new location within the continental United States provided such Borrower (a) gives Lender Agents and Lenders thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender Agents such agreements, documents, and instruments as Lender Agents may deem reasonably necessary or desirable to protect its Agents' interests in the Collateral at such location, including UCC financing statements.

Appears in 1 contract

Samples: Loan and Security Agreement (Dyersburg Corp)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location and (b) executes and delivers, or causes to be executed and delivered, to Lender such agreements, documents, and instruments as Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including including, without limitation, UCC financing statements. Any change made pursuant to this Section 9.2 shall be deemed an amendment to the Information Certificate.

Appears in 1 contract

Samples: Loan and Security Agreement (Vector Group LTD)

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