Common use of RATIFICATION OF PERFECTION CERTIFICATE Clause in Contracts

RATIFICATION OF PERFECTION CERTIFICATE. Borrower shall not, without providing the Bank with thirty (30) days prior written notice: (i) relocate its principal executive office or add any new offices or business locations or keep any Collateral in any additional locations, or (ii) change its state of formation, or (iii) change its organizational structure, (iv) change its legal name, or (v) change any organizational number (if any) assigned by its state of formation. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in certain Perfection Certificates dated as of February 28, 2001, between Borrower and Bank, and acknowledges, confirms and agrees the disclosures and information above Borrower provided to Bank in the Perfection Certificates have not changed, as of the date hereof.

Appears in 3 contracts

Samples: Accounts Receivable Financing Agreement (Visual Networks Inc), Accounts Receivable Financing Agreement (Visual Networks Inc), Accounts Receivable Financing Agreement (Visual Networks Inc)

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RATIFICATION OF PERFECTION CERTIFICATE. Borrower shall not, without providing the Bank with thirty (30) days prior written notice: (i) relocate its principal executive office or add any new offices or business locations or keep any Collateral in any additional locations, or (ii) change its state of formation, or (iii) change its organizational structure, (iv) change its legal name, or (v) change any organizational number (if any) assigned by its state of formation. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and disclosures contained in certain Perfection Certificates dated as of February 2820, 2001, between Borrower and Bank, and acknowledges, confirms and agrees that the disclosures and information above Borrower provided to Bank in the Perfection Certificates have not changed, as of the date hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Visual Networks Inc), Loan and Security Agreement (Visual Networks Inc)

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