Places of Business. The principal place of business of each of the Credit Parties is set forth on Schedule 7.29 and the Credit Parties shall promptly notify Lender of any change in such location. The Credit Parties will not remove or permit the Collateral to be removed from such locations without the prior written consent of Lender, except for: (i) certain heavy equipment kept at third party sites when conducting business or maintenance; (ii) vehicles, containers and rolling stock; (iii) Inventory sold or leased in the Ordinary Course of Business of the Credit Parties; and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course of Business of the Credit Parties.
Appears in 17 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.), Senior Secured Credit Facility Agreement (Pacific Ventures Group, Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.)
Places of Business. The principal place of business of each of the Credit Parties Party is set forth on Schedule 7.29 7.28 and the Credit Parties shall promptly notify Lender of any change in such location. The Credit Parties will not remove or permit the Collateral to be removed from such locations without the prior written consent of Lender, except for: (i) certain heavy equipment kept at third party sites when conducting business or maintenance; (ii) vehicles, containers and rolling stock; (iii) Inventory sold or leased in the Ordinary Course of Business of the Credit PartiesBusiness; and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course of Business of the Credit PartiesBorrower.
Appears in 7 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Oncologix Tech Inc.), Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)
Places of Business. The principal place of business of each of the Credit Parties Party is set forth on Schedule 7.29 7.18 and the each Credit Parties Party shall promptly notify Lender of any change in such location. The Credit Parties will not remove or permit the Collateral to be removed from such locations any Credit Party’s principal place of business without the prior written consent of Lender, except for: for (i) certain heavy equipment kept at third party sites when conducting business or maintenance; , (ii) vehicles, containers and rolling stock; , (iii) Inventory sold or leased in the Ordinary Course usual and ordinary course of Business of the Credit Parties; Borrower’s businesses, and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course ordinary course of Business business of the Credit PartiesBorrower.
Appears in 5 contracts
Samples: Senior Secured Revolving Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.)
Places of Business. The principal place of business of each of the Credit Parties is Partyis set forth on Schedule 7.29 7.28 and the Credit Parties shall Partiesshall promptly notify Lender of any change in such location. The Credit Parties will Partieswill not remove or permit the Collateral to be removed from such locations without the prior written consent of Lender, except for: (i) certain heavy equipment kept at third party sites when conducting business or maintenance; (ii) vehicles, containers and rolling stock; (iii) Inventory sold or leased in the Ordinary Course of Business of the Credit PartiesBusiness; and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course of Business of the Credit PartiesBorrower.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Revolutionary Concepts Inc)
Places of Business. The principal place of business of each of the Credit Parties Party is set forth on Schedule 7.29 7.28 and the Credit Parties shall promptly notify Lender of any change in such location. The Credit Parties will not remove or permit the Collateral to be removed from such locations without the prior written consent of Lender, except for: (i) certain heavy equipment kept at third party sites when conducting business or maintenance; (ii) vehicles, containers and rolling stock; (iii) Inventory sold or leased in the Ordinary Course of Business of the Credit PartiesBusiness; and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course of Business of the Credit PartiesBorrower and as otherwise set forth herein.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (RiceBran Technologies)
Places of Business. The principal place of business of each of the Credit Parties Party is set forth on Schedule 7.29 7.27 and the Credit Parties shall promptly notify Lender of any change in such location. The Credit Parties will not remove or permit the Collateral to be removed from such locations without the prior written consent of Lender, except for: (i) certain heavy equipment kept at third party sites when conducting business or maintenance; (ii) vehicles, containers and rolling stock; (iii) Inventory sold or leased in the Ordinary Course of Business of the Credit PartiesBusiness; and (iv) temporary removal of Collateral to other locations for repair or maintenance as may be required from time to time in each instance in the Ordinary Course of Business of the Credit PartiesBorrower.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Cd International Enterprises, Inc.)