Common use of Change in Location or Name Clause in Contracts

Change in Location or Name. Without at least 10 days’ prior written notice to Lender: (a) not relocate any Collateral with an aggregate value in excess of $25,000 (not including moveable items of Equipment in the possession of Borrower’s employees such as laptops, monitors, printers, and cell phones) or Records, its chief executive office, or establish a place of business at a location other than as specified in Schedule 3; and (b) not change its name, mailing address, location of Collateral with an aggregate value in excess of $25,000 or Records, jurisdiction of incorporation or its legal structure.

Change in Location or Name. Without at least 10 days’ prior written notice to Lender: (a) not relocate any Collateral with an aggregate value in excess of $25,000 (not including other than (i) moveable items of Equipment in the possession of Borrower’s employees property such as laptops, monitors, printers, laptop computers and cell phones(ii) other Collateral with a book value less than $100,000) or Records, its chief executive office, or establish a place of business at a location other than as specified in Schedule 3the Supplement; and (b) not change its name, mailing address, location of Collateral (other than (i) moveable property such as laptop computers and (ii) other Collateral with an aggregate a book value in excess of less than $25,000 or Records100,000), jurisdiction of incorporation formation or its legal structure.