Common use of No Change in Places of Business or Collateral Clause in Contracts

No Change in Places of Business or Collateral. The Grantor shall (a) maintain its places of business and its chief executive office only in the locations set forth in Section 3.7, and in such ----------- other places as the Grantor may select, provided that the Grantor shall provide to the Administrative Agent at least twenty (20) days' prior written notice of any changes in or additions to the locations of the Grantor's places of business or of the Grantor's principal office and shall make all filings in the applicable jurisdictions necessary to maintain the Administrative Agent's lien on and security interest in the Collateral and the priority thereof in connection with any such changes or additions, (b) keep, store and maintain the Collateral only at the foregoing locations, and (c) keep and maintain the records and books of account relating to the Collateral only at the Grantor's chief executive office.

Appears in 7 contracts

Samples: Borrower Security Agreement (Fibernet Telecom Group Inc\), Subsidiary Security Agreement (Fibernet Telecom Group Inc\), Security Agreement (Fibernet Telecom Group Inc\)

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No Change in Places of Business or Collateral. The Grantor shall (a) maintain its places of business and business, its chief executive office and its jurisdiction of organization only in the locations and jurisdiction set forth in Section 3.73.6, and in such ----------- other places and jurisdictions as the Grantor may select, provided that the Grantor shall provide to the Administrative Agent Grantee at least twenty (20) days' prior written notice of any changes in or additions to the locations of the Grantor's ’s places of business business, jurisdiction of organization, or of the Grantor's ’s principal office and shall make all filings in the applicable jurisdictions necessary to maintain the Administrative Agent's Grantee’s lien on and security interest in the Collateral and the priority thereof in connection with any such changes or additions, additions and (b) keep, store and maintain the Collateral only at the foregoing locations, and (c) keep and maintain the records and books of account relating to the Collateral only at the Grantor's ’s chief executive office.

Appears in 1 contract

Samples: Security Agreement (Fibernet Telecom Group Inc\)

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