Common use of New Collateral Locations Clause in Contracts

New Collateral Locations. Any Borrower or Guarantor may open any new location within the continental United States provided such Borrower or Guarantor (a) gives Agent written notice of the opening of any such new location on or before the date such Borrower or Guarantor decides to open such new location and (b) executes and delivers, or causes to be executed and delivered, to Agent such agreements, documents, and instruments as Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 5 contracts

Samples: Loan and Security Agreement (RTW Retailwinds, Inc.), Loan and Security Agreement (New York & Company, Inc.), Loan and Security Agreement (New York & Company, Inc.)

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New Collateral Locations. Any Each Borrower or and Guarantor may only open any new location within the continental United States provided such Borrower or Guarantor (a) gives Administrative Agent written notice of the opening of any such new location on or before concurrently at the date such Borrower or Guarantor decides time of the delivery of the next Borrowing Base Certificate required to open such new location be delivered pursuant to Section 7.1(a)(i) hereof and (b) executes and delivers, or causes to be executed and delivered, to Administrative Agent such agreements, documents, and instruments as Administrative Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 3 contracts

Samples: Loan and Security Agreement (SpartanNash Co), Loan and Security Agreement (Nash Finch Co), Loan and Security Agreement (Spartan Stores Inc)

New Collateral Locations. Any Borrower or Guarantor may open any new location within the continental United States provided such Borrower or Guarantor (a) gives Agent written notice of the opening of any such new location on or before the date such Borrower or Guarantor decides to open such new location and (b) executes and delivers, or causes to be executed and delivered, to Agent such agreements, documents, and instruments as Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (New York & Company, Inc.)

New Collateral Locations. Any Each Borrower or and Guarantor may only open any new location within the continental United States of America provided such Borrower or Guarantor (a) gives Agent Lender prior written notice of the intended opening of any such new location on or before the date such Borrower or Guarantor decides to open such new location and (b) executes and delivers, or causes to be executed and delivered, to Agent Lender such agreements, documents, and instruments as Agent Lender may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 1 contract

Samples: Loan and Security Agreement (Farmer Brothers Co)

New Collateral Locations. Any Each Borrower or and Guarantor may only open any new location within the continental United States provided such Borrower or Guarantor (a) gives Administrative Agent written notice of the opening of any such new location on or before concurrently at the date such Borrower or Guarantor decides to open such new location and (b) executes and delivers, or causes time of the delivery of the next Borrowing Base Certificate required to be executed and delivered, delivered pursuant to Agent such agreements, documents, and instruments as Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.125

Appears in 1 contract

Samples: Loan and Security Agreement (SpartanNash Co)

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New Collateral Locations. Any Each Borrower or and Guarantor may only open any new location within the continental United States of America provided such Borrower or Guarantor (a) gives Agent prior written notice of the intended opening of any such new location on or before the date such Borrower or Guarantor decides to open such new location and (b) executes and delivers, or causes to be executed and delivered, to Agent such agreements, documents, and instruments as Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 1 contract

Samples: Loan and Security Agreement (Farmer Brothers Co)

New Collateral Locations. Any Each Borrower or and Guarantor may only open any new location within the continental United States provided such Borrower or Guarantor (a) gives Administrative Agent written notice of the opening of any such new location on or before concurrently at the date such Borrower or Guarantor decides time of the delivery of the next Borrowing Base Certificate required to open such new location be delivered pursuant to Section 7.1(a)(ii) hereof and (b) executes and delivers, or causes to be executed and delivered, to Administrative Agent such agreements, documents, and instruments as Administrative Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location.

Appears in 1 contract

Samples: Loan and Security Agreement (Spartan Stores Inc)

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