Common use of Collateral Administration Clause in Contracts

Collateral Administration. (a) All Collateral (except Deposit Accounts) will at all times be kept by Borrower at the locations set forth on Schedule 5.18B hereto and shall not, without thirty (30) calendar days prior written notice to Lender, be moved therefrom, and in any case shall not be moved outside the continental United States.

Appears in 6 contracts

Samples: Revolving Credit and Security Agreement (Occupational Health & Rehabilitation Inc), Revolving Credit and Security Agreement (Derma Sciences, Inc.), Revolving Credit, Term Loan and Security Agreement (Teltronics Inc)

AutoNDA by SimpleDocs

Collateral Administration. (a) All Collateral (except Deposit Accounts) will at all times be kept by Borrower at the locations set forth on Schedule 5.18B hereto and shall not, without thirty (30) calendar days prior written notice to Lender, be moved therefromtherefrom unless Lender has entered into the necessary documents to perfect and enforce its security interest therein at such new location, and in any case shall not be moved outside the continental United States.

Appears in 6 contracts

Samples: Credit and Security Agreement (Millstream Acquisition Corp), Revolving Credit and Security Agreement (Millstream Acquisition Corp), Revolving Credit and Security Agreement (NationsHealth, Inc.)

Collateral Administration. (a) All Collateral (except Deposit Accountsproceeds of Accounts which shall be deposited with the Lockbox Banks) and records supporting the Collateral will at all times be kept by Borrower at the locations set forth on Schedule 5.18B 7.18B hereto and shall not, without thirty (30) calendar days prior written notice to Lender, be moved therefrom, and in any case shall not be moved outside the continental United States.

Appears in 6 contracts

Samples: Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc)

AutoNDA by SimpleDocs

Collateral Administration. (a) All tangible Collateral (except Deposit excluding Lockbox Accounts) will at all times be kept by Borrower at the locations set forth on Schedule 5.18B hereto and shall not, without thirty (30) calendar days prior written notice to Lender, be moved therefrom, and in any case shall not be moved outside the continental United States.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Women First Healthcare Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.