Common use of Special Covenants with respect to Accounts Clause in Contracts

Special Covenants with respect to Accounts. (a) The Borrower Parties shall keep their chief place of business and chief executive office and the office where they keeps their records concerning the Borrower Parties’ Accounts, and all originals of all of the Borrower Parties’ Chattel Paper, at the location therefor specified in Exhibit A or, upon at least 30 days’ prior written notice to the Secured Party, at such other location in a jurisdiction where all action that may be necessary or desirable, in the judgment of the Secured Party determined, in order to perfect and protect any security interest granted or purported to be granted hereby, or to enable the Secured Party to exercise and enforce its rights and remedies hereunder, with respect to the Borrower Parties’ Accounts shall have been taken.

Appears in 3 contracts

Samples: Security Agreement (SeaStar Medical Holding Corp), Security Agreement (SeaStar Medical Holding Corp), Security Agreement (Lm Funding America, Inc.)

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Special Covenants with respect to Accounts. (a) The Borrower Parties shall keep their chief place of business and chief executive office and the office where they keeps their records concerning the Borrower Parties’ Accounts, and all originals of all of the Borrower Parties’ Chattel Paper, at the location therefor specified in Exhibit A or, upon at least 30 days’ prior written notice to the Secured Party, at such other location in a jurisdiction where all action that may be necessary or desirable, in the judgment of the Secured Party determined, in order to perfect and protect any security interest granted or purported to be granted hereby, or to enable the Secured Party to exercise and enforce its rights and remedies hereunder, with respect to the Borrower Parties’ Accounts shall have been taken.. DOCPROPERTY "CUS_DocIDChunk0" 4000-0000-0000

Appears in 1 contract

Samples: Security Agreement (Lm Funding America, Inc.)

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