Example ContractsClausesinformation regarding collateralVariants
Information Regarding Collateral
Information Regarding Collateral contract clause examples
Previous results

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. 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.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.