Common use of Communication Paths Clause in Contracts

Communication Paths. The Loan Parties have the exclusive contractual right to use all of the communication paths (including telephone lines and numbers) applicable to the Loan Parties’ accounts and can convert all telephone lines and telephone numbers to communicate with another central station by means of a line switch. Schedule A to the Collateral Assignment of Communication Paths sets forth a list of all of the communication paths used in connection with the operation of the Loan Parties’ business, which the Loan Parties shall assign to Agent pursuant to such Collateral Assignment of Communication Paths. To the Loan Parties’ Knowledge, as of the Closing Date, there are no announced pending plans by any telephone company to change the dialing procedures or exchange numbers within the areas servicing the Loan Parties’ customers such that each Loan Party would need to reprogram their customer’s digital dialers except to the extent specific plans so to reprogram in a timely fashion have been made.