Change of Locations Sample Clauses

The Change of Locations clause establishes the procedures and requirements for altering the physical location where contractual activities or services are performed. Typically, this clause outlines the conditions under which a party may request or implement a change in location, such as providing advance written notice or obtaining mutual consent. For example, if a service provider needs to move operations to a new facility, this clause would dictate how and when that change can occur. Its core function is to ensure both parties are informed and in agreement about any changes to the location, thereby preventing misunderstandings and disruptions to contractual obligations.
Change of Locations. Debtor covenants and agrees with Lender as follows: (a) Debtor shall not add to or change any of the locations set forth in Schedule II or, except for the sale of Inventory in the ordinary course of business or Equipment or other Tangible Collateral that is moveable in the ordinary course of business, remove any Tangible Collateral other than motor vehicles from the locations specified therefor in Schedule II, without Lender’s prior written consent. (b) Debtor shall notify Lender in writing of any proposed addition to or change in any of the locations described in Schedule II at least 30 days prior to the date of the proposed change and shall furnish Lender with any information requested by Lender in considering the proposed change. In connection with any such addition or change, Debtor shall execute and file any financing statements required by Lender to perfect, preserve and protect the Liens of Lender in the Collateral. (c) Debtor is and shall remain the owner of all of the locations described in Schedule II except any leased locations identified therein. Upon Lender’s request, Debtor shall use its best efforts to deliver to Lender a written waiver or subordination (in form and substance satisfactory to Lender) of any Lien that the owner of any leased location might have with respect to the Collateral. (d) Debtor shall not allow any of the Collateral that is not a fixture to become affixed to any real estate other than that shown as being owned by Debtor in Schedule II without the prior written consent of Lender. If at any time any of the Tangible Collateral should, notwithstanding the foregoing, be affixed to any other real estate, the security interest of Lender under this Security Agreement shall nevertheless attach to and include such Tangible Collateral. Debtor shall promptly furnish to Lender a description of any such real estate and the names of the record owners thereof, execute such additional financing statements and other documents as Lender may require, obtain from the owners of such real estate and the holders of any Liens thereon such Lien waiver or subordination agreements and other documents as Lender may request, and take such other actions as Lender may deem necessary or desirable to preserve and perfect Lender’s security interest in such Tangible Collateral as a first priority perfected security interest.
View SourceView Similar (3)
Change of Locations. Transfer or permit any Subsidiary to transfer its executive office or change its corporate name or maintain records (including computer printouts and programs) with respect to accounts receivable or keep or permit any Subsidiary to keep inventory or any other personal property at locations other than those at which the same are presently kept or maintained, except in each case upon 30 days prior written notice to the Bank and provided that prior to any such change, the Co-Borrowers and the Subsidiaries, at the request of the Bank, shall take all actions (including, without rotation, the filing of any Uniform Commercial Code Financing Statements or amendments thereto) which the Bank may deem necessary or desirable to perfect or otherwise protect the Liens and security interests granted under the Security Agreements or to obtain the benefits hereunder or thereunder.
View SourceView Similar (2)
Change of Locations. Borrower will not change the location of its chief executive office or any other place of business from those listed on Exhibit A hereto, without giving Lender at least 30 days prior written notice of the new location of its chief executive office or other place of business, as the case may be, and delivering to Lender UCC-1 financing statements or UCC-3 amendments, as appropriate, reflecting any new location prior to such change in location.
View SourceView Similar (2)
Change of Locations. The Company shall not change any of the Collateral Locations unless, before the effective date of such change, (a) the Company shall have given to the Bank 10 days prior written notice of its intention to so change any such Collateral Location, clearly describing each such new Collateral Location and providing any other information in connection therewith that the Bank may reasonably request and (b) with respect to each such new Collateral Location, it shall have taken such action, satisfactory to the Bank (including, without limitation, the execution and delivery to the Bank of such financing statements executed by the Company that the Bank may request to reflect such change in Collateral Location together with such other documents and instruments that the Bank may request in connection with such change), as may be necessary to maintain the security interest of the Bank in the Collateral at all times fully perfected and in full force and effect.
View Source
Change of Locations. The Borrowers will furnish the Agent with at least thirty (30) days prior written notice of any change in locations of or addition to their chief executive offices, the offices where they keep their records concerning their Accounts, the locations where they keep their Equipment and other assets, and other business locations and shall execute such financing statements and other documents as the Agent requires.
View Source
Change of Locations. No Loan Party shall remove the Collateral from the location or jurisdiction set forth in Schedule 3.4; unless (a) such Loan Party gives Lender prior written consent thereto (which consent shall not be unreasonably withheld); and (b) a financing statement covering such location of the Collateral is on file and of record in the appropriate governmental office creating a valid first lien and security interest in the Collateral in favor of Lender.
View Source
Change of Locations. The Borrower shall not remove the Collateral from the location or jurisdiction set forth in Schedule 3.11; unless (a) the Borrower gives the Lender prior written consent thereto (which consent shall not be unreasonably withheld); and (b) a financing statement covering such location of the Collateral is on file and of record in the appropriate governmental office creating a valid first lien and security interest in the Collateral in favor of the Lender.
View Source
Change of Locations. Each Obligor will furnish Bank with at least ten (10) days prior written notice of any change in location of or addition to its chief executive office, the office where it keeps its records concerning its accounts, its location of Inventory and other assets, and other business locations.
View Source
Change of Locations. Section 6.4 Mergers; Consolidations; Acquisitions.....................16 Section 6.5 Loans.....................................................16 Section 6.6
View Source

Related to Change of Locations

  • Change of Location None of the Borrower or the Guarantors shall change the location of its chief executive office or the office where its corporate records are kept or open any new office for the conduct of its business on less than thirty (30) days prior written notice to the Agent.

  • Change of Name or Location Each Merchant represents, warrants, and covenants that it will not conduct its business under any name other than as disclosed to CEDAR or change any place(s) of its business without giving prior written notice to CEDAR.

  • Prior Locations (a) Set forth below is the information required by §4(a) or (b) with respect to each location or place of business previously maintained by the Company at any time during the past five years in a state in which the Company has previously maintained a location or place of business at any time during the past four months: (b) Set forth below is the information required by §4(c) or (d) with respect to each other location at which, or other person or entity with which, any of the Collateral consisting of inventory or equipment has been previously held at any time during the past twelve months:

  • Change of Schedule (a) (applicable to full-time employees only) Where an employee's schedule is changed by the Hospital with less than twenty-four (24) hours notice, she shall receive time and one-half (1½) of her regular straight time hourly rate for all hours worked on her next shift. (b) (applicable to regular part-time employees only) Where a regular part-time employee's scheduled shift is cancelled by the Hospital with less than twelve (12) hours notice, she shall receive time and one-half (1½) of her regular straight time hourly rate for all hours worked on her next shift. (The following clause related to No Pyramiding will be incorporated into all collective agreements:)

  • Relocations When an employee is permanently reassigned or transferred to a new work location thirty-five (35) or more miles away from his/her present work location to accommodate the State's operational needs, he/she shall be reimbursed for actual reasonable and necessary moving expenses by common carrier. If the State requires an employee to live in a specified zone or district after initial assignment, the employee will be reimbursed for actual reasonable and necessary moving expenses by common carrier. An employee will not be permanently reassigned or transferred for disciplinary or arbitrary or capricious reasons. Unless specific requirements dictate otherwise, transfers and reassignments shall be on a voluntary basis from among qualified employees. The most senior employee who is qualified to perform the duties of the position shall be entitled to the transfer or reassignment. If there are no qualified volunteers, the least senior qualified employee shall be transferred. In the event the least senior qualified employee has children of elementary or secondary school age, he/she shall be exempted from this provision in the event no schools are available in the new assignment area or if suitable educational arrangements for such children cannot be mutually agreed to. When an employee is reassigned to a new work location under this Article, he/she will have the option, in lieu of relocation, to have recall rights under the Seniority Article of this Agreement as though he/she were laid off as of the effective date of the reassignment. The State shall provide ninety (90) days advance notice of such relocations whenever possible, and in the event that less than ninety (90) days notice is provided, the State will pay reasonable temporary relocation expenses, pursuant to the Lodging and Meals Article of this Agreement, for any period of less than ninety (90) days notice. This Article does not apply to employees relocating in connection with any reduction in force or to employees in job classes which traditionally have required performance of duties at other than a fixed location.