Example ContractsClausesemployment locationVariants
Employment Location
Employment Location contract clause examples

Change of Location. Borrower will maintain possession of all tangible Collateral at the locations set forth on [Schedule A] hereto except on the satisfaction of the following conditions: # Borrower has given Lender at least thirty (30) days’ prior notice of such action, # Borrower has complied with the other terms of this Agreement, # such new location is within the continental United States, # Lender continuously maintains its first priority Lien thereon, and # if requested by Lender, Borrower has caused to be delivered to Lender a landlord waiver, bailee, warehouseman or similar written agreement, in form and substance acceptable to Lender. Notwithstanding the foregoing, the limitations in this clause will not apply to # inventory in transit, # sales of inventory in the ordinary course of business, # disposal of Collateral as expressly permitted by this Agreement or the other Loan Documents, # Collateral in the possession of Lender, and # Collateral comprised of books and records of Borrower, to the extent that Borrower maintains possession of such books and records at its chief executive office;

. Except for Inventory in transit to a Borrower in the ordinary course of business, Borrowers will not maintain any Collateral at any location other than those locations listed on [Schedule 6.1(p)] unless it gives Lender at least 30 days’ prior written notice thereof and delivers or causes to be delivered to Lender all documents that Lender reasonably requests in connection therewith, including without limitation, in the case of any leased location, an access and waiver agreement, signed by the owner of such location, in form and substance satisfactory to Lender.

. No Borrower shall change the location of its place of business (or, if it has more than one place of business, its chief executive office) or the place where it keeps its books and records relating to the Collateral or change its name, identity, corporate structure or jurisdiction of organization without giving Lender at least 30 days’ prior written notice thereof. All inventory, other than inventory in transit to any such location, shall at all times be kept by such Borrower at one or more of the locations set forth in [Schedule 6.1(p)]. Each Borrower shall ensure that all Inventory that is produced in the United States will be produced in compliance with the Fair Labor Standards Act, as amended.

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