Common use of Change of Location of Underlying Instruments Clause in Contracts

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian, as applicable, moving any Certificated Securities or Instruments from the offices of the Collateral Agent or Custodian, as the case may be, set forth in Section 5.5(c), unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent or the Custodian, as applicable, moving any Certificated Securities or Instruments from the Collateral Agent’s or the Custodian’s offices of (as specified in Annex A hereto) on the Collateral Agent or Custodian, as the case may be, set forth in Section 5.5(c)Closing Date, unless the Borrower has given at least thirty ten (3010) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s first priority perfected security interest (subject to Permitted Liens) continues in effect.

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian moving anymove (or the Custodian, as applicable, moving direct or permit any other Person to move) Certificated Securities or Instruments Instruments, if any, from the offices of Collateral Custodian’s Custody Facilities on the Collateral Agent or Custodian, as the case may be, set forth in Section 5.5(c)Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.

Change of Location of Underlying Instruments. The Borrower shall not, without the prior consent of the Administrative Agent, consent to the Collateral Agent Custodian or the Document Custodian, as applicable, moving any Certificated Securities or Instruments from the offices of Collateral Custodian’s or the Collateral Agent or Document Custodian, as ’s Custody Facilities on the case may be, set forth in Section 5.5(c)Effective Date, unless the Borrower has given at least thirty (30) days’ written notice to the Administrative Agent and has taken all actions required under the UCC of each relevant jurisdiction in order to ensure that the Collateral Agent’s Secured Parties’ first priority perfected security interest (subject to Permitted Liens) continues in effect.