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Information Regarding Collateral
Information Regarding Collateral contract clause examples
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Information Regarding Collateral. (a) Not effect any change # in any Loan Party’s legal name, # in the location of any Loan Party’s chief executive or registered office, # in any Loan Party’s identity or organizational structure, or # in any Loan Party’s jurisdiction of organization or incorporation (in each case, including by merging with or into any other entity, reorganizing, dissolving, liquidating, reorganizing or organizing in any other jurisdiction), until # it shall have given the Administrative Agent not less than fifteen (15) (or less if acceptable to the Administrative Agent) days’ prior written notice (in the form of certificate signed by a Responsible Officer), or such lesser notice period agreed to by the Administrative Agent, of its intention so to do, clearly describing such change and providing such other information in connection therewith as the Administrative Agent may reasonably request and # it shall have taken all action reasonably satisfactory to the Administrative Agent to maintain the perfection and priority of the security interest of the Administrative Agent for the benefit of the Secured Parties in the Collateral, if applicable. Each Loan Party agrees to promptly provide the Administrative Agent with certified Organization Documents reflecting any of the changes described in the preceding sentence.

Prior to the Collateral Release Date, Parent will notify the Administrative Agent, as promptly as practicable, and in any event within 30 days (or such longer period as the Administrative Agent may agree to in writing) following such change, of any change in # the legal name of any Loan Party, as set forth in its organizational documents, # the jurisdiction of incorporation, organization or formation or the form of organization of any Loan Party (including as a result of any merger or consolidation), # the location of the chief executive office of any Loan Party or # the organizational identification number, if any, or the federal taxpayer identification number of any Loan Party.

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