Common use of Change in Collateral; Collateral Records Clause in Contracts

Change in Collateral; Collateral Records. The Company shall (i) give the Collateral Agent not less than thirty (30) days’ prior written notice of any change in the location of any Collateral (as defined in the Security Documents), other than to locations set forth in the Perfection Certificate (as defined in the Securities Purchase Agreement) hereto and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Collateral Agent 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 Collateral Agent for the benefit of the Holder and holders of the Other Notes from time to time, solely for the Collateral Agent’s convenience in maintaining a record of Collateral, such written statements and schedules as the Collateral Agent or any Holder may reasonably require, designating, identifying or describing the Collateral.

Change in Collateral; Collateral Records. The Company shall (i) give Give the Collateral Agent not less than thirty (30) days’ 5 Business Days' prior written notice of any change in the location of any Collateral (as defined that individually or in the Security Documents)aggregate could reasonably be expected to be material to the Borrowers, other than to locations set forth in the Perfection Certificate (as defined in the Securities Purchase Agreementon Schedule 6.01(ee) hereto and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Collateral Agent promptly, in sufficient detail, of any material adverse change relating to the type, quantity or quality of the Collateral taken as a whole or the Lien granted thereon and (iii) execute and deliver, and cause each of its Subsidiaries to execute and deliver, to the Collateral Agent for the benefit of the Holder Agents and holders of the Other Notes Lenders from time to time, solely for the Collateral Agent’s 's convenience in maintaining a record of Collateral, such written statements and schedules as the Collateral Agent or any Holder may reasonably require, designating, identifying or describing the Collateral.

Change in Collateral; Collateral Records. The Company shall (i) give Give the Collateral Agent not less than thirty (30) 10 days’ ' prior written notice of any change in the location of any Collateral (as defined other than Collateral in the Security Documentstransit), other than with respect to (A) locations set forth in the Perfection Certificate on Schedule 5.01(dd) and (as defined in the Securities Purchase AgreementB) hereto locations of any Collateral with an aggregate fair market value of less than $50,000, individually for any location, and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon$250,000, for all such locations, (ii) advise the Collateral Agent 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 Collateral Agent for the benefit of the Holder Agents and holders of the Other Notes Lenders from time to time, solely for the Collateral Agent’s 's convenience in maintaining a record of Collateral, such written statements and schedules as the Collateral Agent or any Holder may reasonably require, designating, identifying or describing the Collateral.

Change in Collateral; Collateral Records. The Company shall (i) give Give the Collateral Agent not less than thirty (30) days10 Business Days’ prior written notice of any change in the location of any Collateral with a book value in excess of $500,000 (as defined when aggregated with all other Collateral at the same location), and, in the Security Documentscase of the relocation of Equipment for purposes of repairs in the ordinary course of business, prompt (but in any event no more than 5 Business Days’) written notice after such relocation of Equipment with a Book Value in excess of $500,000 (when aggregated with all other Collateral at the same location), in each case, other than to locations set forth in the Perfection Certificate (as defined in the Securities Purchase Agreementon Schedule 7.01(bb) hereto and or with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Collateral Agent 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 thereon, and (iii) execute and deliver, and cause each of its Subsidiaries to execute and deliver, to the Collateral Agent Agents for the benefit of the Holder Agents and holders of the Other Notes Lenders from time to time, solely for the Collateral Agent’s convenience in maintaining a record of Collateral, such written statements and schedules as the Collateral Agent or any Holder Agents may reasonably require, designating, identifying or describing the Collateral.

Change in Collateral; Collateral Records. The Company shall (i) give Give the Collateral Agent not less than thirty (30) days’ 30 days prior written notice of any change in the location of any Collateral (as defined in the Security Documents)Collateral, other than to (or in-transit between) locations set forth in on Schedule 6.01(ff) or with respect to Collateral consisting of cash, the Perfection Certificate (as defined in the Securities Purchase Agreement) hereto expenditure thereof, and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Collateral Agent 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 Collateral Agent for the benefit of the Holder and holders of the Other Notes Lenders from time to time, solely for the Collateral Agent’s convenience in maintaining a record of Collateral, such written statements and schedules as the Collateral Agent or any Holder Agents may reasonably require, designating, identifying or describing the Collateral.

Change in Collateral; Collateral Records. The Company shall (i) Regarding Collateral that collectively totals $250,000 in value, give the Collateral Agent not less than thirty (30) days’ prior 15 days subsequent written notice of any change in the location of any Collateral (as defined in the Security Documents)such Collateral, other than to (or in-transit between) locations set forth in the Perfection Certificate (as defined in the Securities Purchase Agreementon Schedule 6.01(ff) hereto and with respect to which the Collateral Agent has filed financing statements and otherwise fully perfected its Liens thereon, (ii) advise the Collateral Agent promptly, in sufficient detail, of any material adverse change relating to the type, quantity or quality of the such Collateral or the Lien granted thereon and (iii) execute and deliver, and cause each of its Subsidiaries to execute and deliver, to the Collateral Agent for the benefit of the Holder Agents and holders of the Other Notes Lenders from time to time, solely for the Collateral Agent’s convenience in maintaining a record of such Collateral, such written statements and schedules as the Collateral Agent or any Holder may reasonably require, designating, identifying or describing the Collateral.