Example ContractsClauseslocation of collateralVariants
Location of Collateral
Location of Collateral contract clause examples

Name; Location of Collateral. Borrower shall not: # change the locations at which the Collateral or any books, records, contracts, writings, documents of title, or other documents, agreements or instruments related thereto are located, stored or maintained, without the prior written approval from Lender # change its chief executive office and principal place of business without providing Lender with at least 30 days advance written notice thereof; # adopt or make use of any fictitious or trade name not disclosed elsewhere in this Agreement; or # change its name, identity or corporate structure or change its state of charter or organization without the prior written consent of Lender which consent shall not be unreasonably withheld or conditioned.

. 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.

Section # Information Regarding Collateral. Borrower shall not effect any change # in its legal name, # in the location of its chief executive office, # in its identity or organizational structure, # in its federal Taxpayer Identification Number or organizational identification number, if any, or # in its jurisdiction of organization (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 Lender not less than ten (10) days prior written notice (in the form of an certificate of a duly authorized officer of Borrower), or such lesser notice period agreed to by Lender, of its intention so to do, clearly describing such change and providing such other information in connection therewith as Lender may reasonably request and # it shall have taken all action reasonably satisfactory to Lender to maintain the perfection and priority of the security interest of Lender in the Collateral, if applicable (subject to the limitations set forth in [Section 8.12(b)]). Borrower agrees to provide promptly Lender with certified Borrower’s Organizational Documents reflecting any of the changes described in the preceding sentence. Borrower also agrees to notify promptly Lender of any change in the location of any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which any portion of Collateral is located (including the establishment of any such new office or facility), other than # changes in location to a mortgaged property, # Collateral which is in-transit or in the possession of employees, and # Collateral which is out for repair or processing.

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