Continuous Perfection. No Grantor shall change its name, identity or corporate structure in any manner unless such Grantor shall have given the Collateral Agent at least 30 days' prior notice thereof and shall have authorized or taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or requested by the Collateral Agent to amend such financing statement or continuation statement so that it is not seriously misleading.
Appears in 3 contracts
Sources: Security Agreement, Security Agreement (Cinedigm Corp.), Second Lien Security Agreement (Cinedigm Corp.)
Continuous Perfection. No Grantor shall change its name, identity or corporate structure in any manner unless such Grantor shall have given the Collateral Agent at least 30 days' ’ prior notice thereof and shall have authorized or taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or requested by the Collateral Agent to amend such financing statement or continuation statement so that it is not seriously misleading.
Appears in 2 contracts
Sources: Security Agreement (Cinedigm Corp.), Security Agreement (Cinedigm Corp.)
Continuous Perfection. No Grantor shall change its name, identity or corporate structure in any manner unless such Grantor shall have given the Collateral Administrative Agent at least 30 thirty (30) days' ’ prior written notice thereof and shall have authorized or taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by the Collateral Administrative Agent to amend such financing statement or continuation statement so that it is not seriously misleading.
Appears in 2 contracts
Sources: Security Agreement (West Marine Inc), Security Agreement (West Marine Inc)
Continuous Perfection. No Grantor shall change its name, identity or corporate structure in any manner unless such Grantor shall have given the Collateral Administrative Agent at least 30 fifteen (15) days' ’ prior written notice thereof and shall have authorized or taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by the Collateral Administrative Agent to amend such financing statement or continuation statement so that it is not seriously misleading.
Appears in 1 contract
Sources: Security Agreement (IPC the Hospitalist Company, Inc.)
Continuous Perfection. No Grantor shall change its name, identity or corporate structure in any manner unless such Grantor shall have given the Collateral Agent at least 30 thirty (30) days' ’ prior written notice thereof and shall have authorized or taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by the Collateral Agent to amend such financing statement or continuation statement so that it is not seriously misleading.
Appears in 1 contract