Information Regarding Names. It has disclosed in writing to the Agent any trade names or styles (the "Tradenames") used to identify it in its business or in the ownership of its properties and as to each such Tradename confirms that: (i) each Tradename is a trade name and style (and not the name of an independent corporation or other legal entity) by which the Grantor may identify and sell certain of its goods or services and conduct a portion of its business; (ii) all Accounts Receivable involved under the Tradenames are and shall be (x) owned solely by the Grantor and (y) subject to the security interests and other terms of this Security Agreement and the Credit Agreement; (iii) any dispute which may arise with customers with respect to the products invoiced under the name of any of the Tradenames are to be subject to the terms of this Security Agreement and the Credit Agreement as through the Tradenames did not exist; and (iv) new Tradenames may only be used after notice to the Agent, which notice shall set forth the name of such new Tradename.
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Sources: Credit Agreement (American Bank Note Holographics Inc)
Information Regarding Names. It has disclosed in writing to the Agent on Schedule I attached hereto any trade names or styles (the "Tradenames") used to identify it in its business or in the ownership of its properties and as to each such Tradename confirms that:
(i) each Tradename is a trade name and style (and not the name of an independent corporation or other legal entity) by which the a Grantor may identify and sell certain of its goods or services and conduct a portion of its business;
(ii) all Accounts Receivable involved under the Tradenames are and shall be (x) owned solely by the Grantor Grantors and (y) subject to the security interests and other terms of this Security Agreement and the Credit Agreement;
(iii) any dispute which may arise with customers with respect to the products invoiced under the name of any of the Tradenames are to be subject to the terms of this Security Agreement and the Credit Agreement as through the Tradenames did not exist; and
(iv) new Tradenames may only be used after notice to the Agent, which notice shall set forth the name of such new Tradename.
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