Common use of OPERATIONAL CHANGES Clause in Contracts

OPERATIONAL CHANGES. Neither Borrower nor any Guarantor shall (a) change its taxpayer identification number, (b) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Article 9 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given Lender at least sixty (60) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender to amend such financing statement or continuation statement so that it is not seriously misleading, or (c) change its principal place of business or remove the records concerning the Collateral unless it has given Lender at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of Lender to cause the security interest of Lender in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Neither Borrower nor any Guarantor shall not (a) change the ------------------- location of any Collateral for the Loan, (b) change its taxpayer identification number, (bc) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Article 9 Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given Lender the Bank at least sixty (60) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (cd) change its principal place of business or remove the records concerning the Collateral unless it has given Lender the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of Lender the Bank to cause the security interest of Lender the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Neither Borrower nor any Guarantor shall not (a) change the location of any Collateral for the Loan, (b) change its taxpayer identification number, (bc) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Article 9 Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given Lender the Bank at least sixty (60) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (cd) change its principal place of business or remove the records concerning the Collateral unless it has given Lender the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of Lender the Bank to cause the security interest of Lender the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Neither Borrower nor any Guarantor shall not (a) change the ------------------- location of any Collateral for the Loan, (b) change its taxpayer identification number, (bc) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the this Security Agreement seriously misleading within the meaning of Article 9 Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given Lender the Bank at least sixty (60) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (cd) change its principal place of business or remove the records concerning the Collateral unless it has given Lender the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of Lender the Bank to cause the security interest of Lender the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Neither Borrower nor shall not (A) change the location of any Guarantor shall Collateral for the Loan, (aB) change its taxpayer identification number, (bC) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the this Security Agreement seriously misleading within the meaning of Article 9 Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given Lender the Bank at least sixty (60) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (cD) change its principal place of business or remove the records concerning the Collateral unless it has given Lender the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of Lender the Bank to cause the security interest of Lender the Bank in the Collateral to continue to be a first priority perfected security interest.