Common use of Collateral Locations Clause in Contracts

Collateral Locations. The address of the principal place of business and chief executive office of Borrower is, and the books and records of Borrower and all of its chattel paper and records relating to Collateral are maintained exclusively in the possession of Borrower at, the address of Borrower specified in the heading of this Agreement. Borrower has places of business, and Collateral is located, only at such address and at the addresses set forth in the Schedule and at any additional locations reported to the Lender as provided in Section 5.7 as to which the Lender has taken all necessary action to perfect and protect its security interests in the Collateral at any such locations.

Collateral Locations. The address of the principal place of business and chief executive office of Borrower is, and the books and records of Borrower and all of its chattel paper and records relating to Collateral are maintained exclusively in the possession of Borrower at, the address of Borrower specified in the heading of this Agreement. Borrower has places of business, and tangible Collateral (except Collateral in the possession of outside processors) is located, only at such address and at the addresses set forth in the Schedule and at any additional locations reported to the Lender as provided in Section 5.7 as to which the Lender has taken all necessary action to perfect and protect its security interests in the Collateral at any such locations5.7.