Changes in Locations. The Grantor will not (i) change the -------------------- location of its executive offices, (ii) maintain books and records (including computer printouts and programs) concerning the Receivables or permit any of the Inventory or Equipment to be kept at a location other than those at which the same are presently maintained or kept (except when such Inventory or Equipment are being used in the ordinary course of the Grantor's business) or (iii) change its name, identity or corporate structure to such an extent that any financing statement filed by the Beneficiary in connection with this Security Agreement would become seriously misleading, unless it shall have given the Beneficiary at least 30 days prior written notice thereof.
Appears in 1 contract
Sources: Security Agreement (Matthews Studio Equipment Group)
Changes in Locations. The Grantor will not (i) change the -------------------- location of its executive offices, (ii) maintain books and records (including computer printouts and programs) concerning the Receivables or permit any of the Inventory or Equipment to be kept at a location other than those at which the same are presently maintained or kept (except when such Inventory or Equipment are being used in the ordinary course of the Grantor's business) or (iii) change its name, identity or corporate structure to such an extent that any financing statement filed by the Beneficiary Beneficiaries in connection with this Security Agreement would become seriously misleading, unless it shall have given the Beneficiary Beneficiaries at least 30 days prior written notice thereof.
Appears in 1 contract
Sources: Security Agreement (Matthews Studio Equipment Group)