Change in Collateral. Give the Agent immediate notice of any material change in the status of the Collateral.
Change in Collateral. Promptly notify Secured Party of any material change in the Collateral or in any fact or circumstance represented or warranted by Debtor with respect to any of the Collateral.
Change in Collateral. Give the Agents prompt written notice of any change in the location of any Collateral (except for Inventory in transit and immaterial assets having value not exceeding $2,500,000 in the aggregate), other than to locations set forth on Schedule 6.01(ee) or with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Agents promptly, in sufficient detail, of any material adverse change relating to the type, quantity or quality of the Collateral or the Lien granted thereon and (iii) execute and deliver, and cause each of its Subsidiaries to execute and deliver, to the any Agent for the benefit of the Agents and the Lenders from time to time, solely for such Agent's convenience in maintaining a record of Collateral, such written statements and schedules as such Agent may reasonably require, designating, identifying or describing the Collateral.
Change in Collateral. Upon the Disposition (as the term is defined in Section 7.3(e) below) of a Pledged Pool Property without full payment being made of the Note covered by the Mortgage securing such Note, Borrower shall provide, subject to Bank Approval, a Non-Pledged Pool Property as Collateral (“Substitute Collateral Property”). For purposes of this Section, Bank Approval shall be based on, but not limited to, a maximum eighty five percent (85%) Loan to Value, calculated using the unpaid balance of the Note involved, for such Substitute Collateral Property and the Substitute Collateral Property meeting all of the conditions and criteria to which each Pledged Pool Property was subject pursuant to this Agreement including, but not limited to, the conditions precedent listed in Section 14 herein.
Change in Collateral. (a) Notwithstanding anything to the contrary herein, in the event that, at any time prior to the fourth (4th) anniversary of the Commencement Date, CFI (i) becomes aware of an adverse physical condition or defect affecting any Mortgage Property which diminishes the Property Value of such Mortgage Property by 20% or more from the corresponding value set forth on Exhibit B hereto and (ii) delivers written notice to CFCD of such condition or defect together with a written report, opinion, or appraisal prepared by an independent third party expert (who is licensed to prepare such a report, opinion or appraisal and is an employee or member of a nationally recognized firm), which report, opinion or appraisal confirms unequivocally that the Property Value of the impacted Mortgage Property has diminished by 20% or more as a result of such condition or defect, then CFCD shall either (i) increase the face amount of the Letter of Credit by the amount of such diminution or (ii) execute, acknowledge and deliver to CFI a Mortgage together with the documents identified in Sections 8(a) through 8(c), which encumbers real property (other than the existing Mortgage Properties) owned by CFCD, which (1) has been approved by CFI, which approval shall not be unreasonably withheld, and (2) CFCD can demonstrate to CFI's reasonable satisfaction that the new Mortgage Property has a Property Value equal to or in excess of the amount of such diminution.
Change in Collateral. Collateral Records. Give the Administrative Agent not less than thirty (30) days' prior written notice of any change in the location of any Collateral, other than to locations, that as of the date hereof, are known to the Administrative Agent and at which the Administrative Agent has filed financing statements and otherwise fully perfected its Liens thereon. Each Borrower shall advise the Administrative Agent promptly of any other change in the location of any Collateral. Each Borrower shall also advise the Administrative Agent promptly, in sufficient detail, of any material adverse change relating to the type quantity or quality of the Collateral or the security interests granted therein. Each Borrower agrees to execute and deliver to the Administrative Agent for the benefit of the Administrative Agent from time to time, solely for the Administrative Agent's convenience in maintaining a record of the Collateral, such written statements and schedules as the Administrative Agent may reasonably require, designating, identifying or describing the Collateral. A Borrower's failure, however, to promptly give the Administrative Agent such statements or schedules shall not affect, diminish, modify or otherwise Limit the Administrative Agent's security interest in the Collateral.
Change in Collateral. Each Credit Party shall give the Agent not less than 30 days' prior written notice of any change in the location of any Collateral, other than to locations set forth on Disclosure Schedule 5.10 with respect to which the Agent or Revolving Credit Agent has filed fixture financing statements (if applicable) and obtained applicable landlord's waivers, mortgagee's waivers, and/or bailee letters, as applicable (if required) and otherwise fully perfected its Liens thereon; provided, however, that the Borrowers may move Inventory in the ordinary course of business to locations for which the Borrowers have not obtained the requisite mortgagee agreements, landlord's agreement, and/or bailee letters, without such prior notice to the Agent; so long as the total value of Eligible Inventory maintained at such locations does not exceed the amount of such Eligible Inventory maintained in such locations, as reflected on the most recent Borrowing Base Certificate delivered to the Revolving Credit Agent.
Change in Collateral. PAP shall, within ten (10) days of obtaining knowledge thereof, advise the Secured Party promptly, in sufficient detail, of any substantial change in the Collateral, and of the occurrence of any event which would have a material adverse effect on the value of the Collateral or on the Secured Party’s security interest therein.
Change in Collateral. Give the Agent immediate notice of any material change in the status of any of the Collateral which may be required hereunder.
Change in Collateral. Give the Collateral Agent not less than 30 days prior written notice of any change in the location of any Collateral, other than to (or in-transit between) locations set forth on Schedule 6.01(ff) and with respect to which the Collateral Agent has fully perfected its Liens thereon.
