Common use of Terminations; Amendments Not Authorized Clause in Contracts

Terminations; Amendments Not Authorized. Grantor acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Secured Party and agrees that it will not do so without the prior written consent of Secured Party, subject to Grantor's rights under Section 9-509(d)(2) of the UCC.

Appears in 2 contracts

Samples: Security Agreement (Cartesian, Inc.), Agreement and Plan of Merger (Cartesian, Inc.)

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Terminations; Amendments Not Authorized. The Grantor acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Secured Party the Lender and agrees that it will not do so without the prior written consent of Secured Partythe Lender, subject to the Grantor's ’s rights under Section 9-509(d)(2) of the UCC.

Appears in 1 contract

Samples: General Security Agreement (Long Blockchain Corp.)

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Terminations; Amendments Not Authorized. The Grantor acknowledges and agrees that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of the Secured Party and agrees that it will not do so without the prior written consent of the Secured Party, subject to the Grantor's ’s rights under Section 9-509(d)(2) of the UCCCode.

Appears in 1 contract

Samples: Security Agreement (Laredo Oil, Inc.)

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