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Information Regarding Collateral
Information Regarding Collateral contract clause examples

Information Regarding Collateral. (a) Company will furnish to Collateral Agent prior written notice of any change # in any Note Party’s corporate name, # in any Note Party’s identity or corporate structure, # in any Note Party’s jurisdiction of organization or formation, or # in any Note Party’s Federal Taxpayer Identification Number or state organizational identification number. Company agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral and for the Collateral at all times following such change to have a valid, legal and perfected security interest as contemplated in the Collateral Documents. Company also agrees promptly to notify Collateral Agent if any material portion of the Collateral is lost, stolen, damaged or destroyed;

Information Regarding Collateral. (a) Company will furnish to Collateral Agent prior written notice of any change # in any Credit Party’s corporate name, # in any Credit Party’s identity or corporate structure, # in any Credit Party’s jurisdiction of organization or formation, or # in any Credit Party’s Federal Taxpayer Identification Number or state organizational identification number. Company agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral as contemplated in the Collateral Documents. Company also agrees promptly to notify Collateral Agent if any material portion of the Collateral is lost, stolen, damaged or destroyed;

Information Regarding Collateral. Prior written notice to Collateral Agent and Administrative Agent of any change # in Company’s corporate name, # in Company’s identity, corporate structure or jurisdiction of organization, or # in Company’s Federal Taxpayer Identification Number. Company agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral and for the Collateral at all times following such LEGAL_US_E # 152147085.3152147085.12

The Borrower will provide, or cause to be provided, to the Administrative Agent prior written notice of any change in any Credit Party’s # corporate name, # identity or corporate structure, or # Federal Taxpayer Identification Number. Each Credit Party agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made (or substantially contemporaneously with such change, will be made) and/or other actions have been taken (or substantially contemporaneously with such change, will be taken) that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest of the same or better priority in all the Collateral and for the Collateral at all times following such change to have a valid, legal and perfected security interest of the same or better priority as contemplated in the Collateral Documents, provided that if such Credit Party provides prior written notice to the Collateral Agent of any such change, and the continuation of perfection and validity of the Collateral Agent’s security interest can be maintained by the filing by the Collateral Agent of UCC financing statements or amendments thereto without such Credit Party’s signature or written authorization, such Credit Party shall have complied with this clause (i) by giving such prior notice to the Collateral Agent. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed.

Section # Information Regarding Collateral. The Borrower will furnish to the Administrative Agent prompt written notice of any change # in any Loan Party’s legal name, # in any Loan Party’s type of organization, # in any Loan Party’s jurisdiction of organization or # in any Loan Party’s organizational identification number (if any). The Borrower agrees to promptly (and in any event within ten (10) Business Days or such longer period as the Administrative Agent shall agree in its sole discretion) furnish the Collateral Agent all information requested by the Collateral Agent and required in order to make all filings under the UCC or other applicable U.S. laws and to ensure that the Collateral Agent does continue following such change to have a valid, legal and perfected security interest in all the Collateral of such Loan Party, subject to the limitations and exceptions contained in the Loan Documents.

Section # Information Concerning Collateral. The Borrower will furnish to the Administrative Agent at least ten (10) days prior written notice of any change in # the legal name or jurisdiction of incorporation or formation of any Loan Party, # the location of the chief executive office of any Loan Party, its principal place of business, any office in which it maintains books or records relating to Collateral owned or held by it or on its behalf (including the establishment of any such new office or facility), # the identity or organizational structure of any Loan Party such that a filed financing statement becomes misleading or # the Federal Taxpayer Identification Number or company organizational number of any Loan Party. The Borrower agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for the Administrative Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify the Administrative Agent if any material portion of the Collateral is damaged or destroyed.

SECTION # Information Regarding Collateral. The Borrower will furnish to the Agents prompt written notice of any change in: # any Loan Party’s name; # the location of any Loan Party’s chief executive office or its principal place of business; # any Loan Party’s organizational structure or jurisdiction of incorporation or formation; or # any Loan Party’s Federal Taxpayer Identification Number or organizational identification number assigned to it by its state of organization. The Loan Parties agree not to effect or permit any change referred to in the preceding sentence unless all filings, publications and registrations, have been made (or will be made in a timely fashion) under the Uniform Commercial Code or other Applicable Law that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest to the extent required under the Security Documents (subject only to Permitted Encumbrances having priority by operation of Applicable Law or in favor of the agent under the ABL Facility on any Revolver Priority Collateral and Liens permitted to be pari passu to the Liens of the Collateral Agent pursuant to the Pari Passu Lien Intercreditor Agreement) in all the Collateral for its own benefit and the benefit of the other Secured Parties.

SECTION # Information Regarding Collateral. (a) Furnish to the Administrative Agent prompt written notice of any change # in any Loan Party’s corporate name or # in the jurisdiction of organization or formation of any Loan Party. Holdings and the Borrowers agree not to effect or permit any change referred to in the preceding sentence unless all filings have been made or will be made promptly under the Uniform Commercial Code or otherwise that are required in order for the applicable Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. Holdings and the Borrowers also agree promptly to notify the Administrative Agent if any portion of the Collateral that is material to Holdings and the Subsidiaries taken as a whole is damaged or destroyed.

Furnish to the Collateral Agent prompt written notice of any change # in any Loan Party’s corporate or organization name, # in any Loan Party’s identity or organizational structure, # in any Loan Party’s jurisdiction of organization or # in the location of the chief executive office of any Loan Party that is not a registered organization; provided, that the Borrower shall not effect or permit any such change unless all filings have been made, or will have been made within 30 days following such change (or such longer period as the Administrative Agent may agree in its reasonable discretion), under the Uniform Commercial Code that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral in which a security interest may be perfected by such filing, for the benefit of the Secured Parties.

Furnish to the Agent at least thirty (30) days prior written notice of any change in: # any Loan Party’s name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties; # the location of any Loan Party’s chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the establishment of any such new office or facility); # any Loan Party’s organizational structure or jurisdiction of incorporation or formation; or # any Loan Party’s Federal Taxpayer Identification Number or organizational identification number assigned to it by its state of organization. The Loan Parties shall not effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for the Agent to continue at all times following such change to have a valid, legal and perfected first priority security interest in all the Collateral for its own benefit and the benefit of the other Credit Parties.

Information Regarding Collateral. Prompt written notice of any change # in any Loan Party’s legal name, # in any Loan Party’s type of organization, # in any Loan Party’s jurisdiction of organization or # in any Loan Party’s organizational identification number, in each case to the extent such information is necessary to enable the Administrative Agent to perfect or maintain the perfection and priority of its security interest in the Collateral of the relevant Loan Party.

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