Common use of Changes in Circumstances Clause in Contracts

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (b) except as specified in Annex 1, heretofore changed its name, or (c) except as specified in Annex 2, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 2 contracts

Sources: Credit Agreement (Foster Wheeler LTD), Security Agreement (Ampex Corp /De/)

Changes in Circumstances. Such No Obligor has not (ai) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (bii) except as specified in Annex 1, heretofore within the period of five years prior to the date hereof, changed its name, or (ciii) except as specified in Annex 2, heretofore within the period of five years prior to the date hereof, become a "new debtor" (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 2 contracts

Sources: Second Lien Security Agreement (Krispy Kreme Doughnuts Inc), Security Agreement (Krispy Kreme Doughnuts Inc)

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location “location” (as defined in Section 9-307 of the NYUCC), (b) within the period of five years prior to the date hereof, except as specified in Annex Schedule 1, heretofore changed its name, or (c) except as specified in Annex 2, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Security Agreement (Westwood One Inc /De/)

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (b) except as specified in Annex 1, heretofore changed its name, or (c) except as specified in Annex 2, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Revolving Credit Agreement (KKR & Co. L.P.)

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (b) except as specified in Annex 1, heretofore changed its namename within the past five years, or (c) except as specified in Annex 2, heretofore become a "new debtor" (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Security Agreement (Sinclair Television Group Inc)

Changes in Circumstances. Such No Obligor has not (ai) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (bii) except as specified in Annex 1, heretofore within the period of five years prior to the date hereof, changed its name, or (ciii) except as specified in Annex 2, heretofore within the period of five years prior to the date hereof, become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Security Agreement (Krispy Kreme Doughnuts Inc)

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location “location” (as defined in Section 9-307 of the NYUCC), (b) within the period of five years prior to the date hereof, except as specified in Annex 1, heretofore changed its name, or (c) except as specified in Annex 2, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Shared Security Agreement (Westwood One Inc /De/)

Changes in Circumstances. Such Obligor has not (a) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (b) except as specified in Annex 1, heretofore changed its name, name or (c) except as specified in Annex 2, heretofore become a “new debtor” (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Security Agreement (Herbst Gaming, LLC)

Changes in Circumstances. Such Obligor has not (ai) within the period of four months prior to the date hereof, changed its location (as defined in Section 9-307 of the NYUCC), (bii) except as specified in Annex 1, heretofore changed its name, or (ciii) except as specified in Annex 2, heretofore become a "new debtor" (as defined in Section 9-102(a)(56) of the NYUCC) with respect to a currently effective security agreement previously entered into by any other Person.

Appears in 1 contract

Sources: Credit Agreement (Nextel Partners Inc)