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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordination.

Appears in 4 contracts

Samples: Loan and Security Agreement (Source Interlink Companies Inc), Loan and Security Agreement (Wareforce Com Inc), Loan and Security Agreement (Wareforce Com Inc)

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New Collateral Locations. Any Borrower may open any new location within the continental United States provided Borrower: such Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location; 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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 2 contracts

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

New Collateral Locations. Borrower may open any new location within ------------------------ the continental United States provided Borrower: Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location; 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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Quadrax Corp), Revolving Loan and Security Agreement (Keystone Consolidated Industries Inc)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower: (a) Borrower Representative gives Lender no less than thirty (30) days prior written notice of the intended opening of any such new location; location and (b) Borrower 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, without limitation, including UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 2 contracts

Samples: Loan and Security Agreement (Collegiate Pacific Inc), Loan and Security Agreement (Sport Supply Group Inc)

New Collateral Locations. Any Borrower may open any new location within the continental United States provided such Borrower: : (a) gives Lender thirty Agent ten (3010) 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 Agent such agreements, documents, and instruments as Lender Agent may deem reasonably necessary or desirable to protect its interests in the Collateral at such location, including, without limitation, UCC financing statements and, if such Borrower leases such new location, provides a favorable landlord waiver or subordination.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pc Mall Inc), Loan and Security Agreement (Pc Mall Inc)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower: Borrower (a) gives Lender thirty (30) days days’ prior written notice of the intended opening of any such new location; 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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements. Any change made pursuant to this Section 9.2 shall be deemed an amendment to the Information Certificate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vector Group LTD), Loan and Security Agreement (Vector Group LTD)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower: Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location; 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, without limitation, including UCC financing statements andstatements, if Borrower leases such new locationLeasehold Mortgages, provides a favorable landlord waiver or subordinationLandlord Agreements, Mortgagee's Agreements and Warehouseman's Agreements, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Loehmanns Inc)

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

Appears in 1 contract

Samples: General Security Agreement (Elite Information Group Inc)

New Collateral Locations. Borrower may open any new location within the continental United States or change the location of its executive offices, provided Borrower: Borrower (a) gives Lender thirty (30) days prior written notice of the intended opening of any such new location; location or change of location of its executive offices 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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 1 contract

Samples: Loan and Security Agreement (First Aviation Services Inc)

New Collateral Locations. Borrower may open any new location within the ------------------------- continental United States provided Borrower: (a) gives Lender thirty fifteen (3015) days prior written notice of the intended opening of any such new location; 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, without limitation, including UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 1 contract

Samples: Loan and Security Agreement (Delta Apparel Inc)

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New Collateral Locations. Any 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; 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, without limitation, including UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpha Technologies Group Inc)

New Collateral Locations. A 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, without limitation, UCC financing statements and, if such Borrower leases such new location, provides a favorable landlord waiver or subordinationsubordination reasonably acceptable to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Deckers Outdoor Corp)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower: Borrower (a) gives Lender thirty ten (3010) days prior written notice of the intended opening of any such new location; 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, without limitation, including UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordinationstatements.

Appears in 1 contract

Samples: Loan and Security Agreement (Browne Bottling Co)

New Collateral Locations. Borrower may open any new location within the continental United States provided Borrower: : (ai) gives Lender thirty ten (3010) days prior written notice of the intended opening of any such new location; and (bii) 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, without limitation, UCC financing statements and, if Borrower leases such new location, provides a favorable landlord waiver or subordination.

Appears in 1 contract

Samples: Security Agreement (Global Epoint Inc)

New Collateral Locations. Any Borrower may open any new location within the continental United States provided Borrower: such Borrower (a) gives Lender thirty ten (3010) 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, without limitation, including UCC financing statements andstatements, if Borrower leases such new locationLandlord Agreements, provides a favorable landlord waiver or subordinationMortgagee Agreements and Warehouseman's Agreements, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Trans World Entertainment Corp)

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