Common use of Continuous Perfection Clause in Contracts

Continuous Perfection. Grantor shall not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) of the UCC or any other then applicable provision of the UCC unless Grantor shall have given Lender at least thirty (30) days’ prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 4 contracts

Samples: Fourth Supplemental Security Agreement (Ml Macadamia Orchards L P), Security Agreement (Ml Macadamia Orchards L P), Security Agreement (Ml Macadamia Orchards L P)

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Continuous Perfection. Such Grantor shall will not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section Section 9-402(7) 506 of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender the Collateral Agent at least thirty (30) days’ prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Collateral Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 2 contracts

Samples: Credit Agreement (Willbros Group Inc), Credit Agreement (Willbros Group Inc)

Continuous Perfection. Grantor shall not change its name, identity identity, corporate structure, jurisdiction of organization or corporate structure corporation identification number in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section Section 9-402(7) 506 of the UCC (or any other then applicable provision of the UCC UCC) unless Grantor shall have given Lender at least gives Bank thirty (30) days’ days prior written notice thereof and shall have taken takes all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Bank to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (XCel Brands, Inc.), Intellectual Property Security Agreement (XCel Brands, Inc.)

Continuous Perfection. Such Grantor shall will not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(79.402(7) of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 2 contracts

Samples: Security Agreement (Cynet Inc), Security Agreement (Cynet Inc)

Continuous Perfection. Such Grantor shall will not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section Section 9-402(7) 506 of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender the Administrative Agent at least thirty (30) days’ prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Administrative Agent or the Required Lenders to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 2 contracts

Samples: Pledge Agreement (Quintana Energy Services Inc.), Pledge Agreement (Quintana Energy Services Inc.)

Continuous Perfection. Such Grantor shall will not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section Section 9-402(7) 506 of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender the Administrative Agent at least thirty (30) days’ prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Administrative Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 2 contracts

Samples: Credit Agreement (Quintana Energy Services Inc.), Credit Agreement (Quintana Energy Services Inc.)

Continuous Perfection. Grantor shall will not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) of the UCC (or any other then applicable provision of the UCC UCC) unless Grantor shall have given Lender at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security Agreement (Horizon Group Properties Inc)

Continuous Perfection. Grantor shall Grantors will not change its their name, --------------------- identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) of the UCC (or any other then applicable provision of the UCC UCC) unless Grantor Grantors shall have given Lender the Agent at least thirty ten (3010) days’ Business Days prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender the Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security Agreement (Pacific Aerospace & Electronics Inc)

Continuous Perfection. Such Grantor shall will not change its name, identity identity, or corporate structure in any manner which that might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) 9507 of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender Agent at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security and Pledge Agreement (Brilliant Digital Entertainment Inc)

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Continuous Perfection. Grantor shall not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) of the UCC or any other then applicable provision of the UCC unless Grantor shall have given Lender at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security Agreement (Ml Macadamia Orchards L P)

Continuous Perfection. Grantor shall will not change its name, identity identity, or corporate structure in any manner which that might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) 9507 of the UCC (or any other then applicable provision of the UCC UCC) unless Grantor shall have given Lender Agent at least thirty fifteen (3015) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security Agreement (National Coal Corp)

Continuous Perfection. Such Grantor shall will not change its name, identity identity, or corporate structure in any manner which that might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) 9507 of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender Agent at least thirty fifteen (3015) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security and Pledge Agreement (National Coal Corp)

Continuous Perfection. No Grantor shall not will change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-402(7) of the UCC (or any other then applicable provision of the UCC UCC) unless such Grantor shall have given Lender Agent at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Agent to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: General Security Agreement (Hutchinson Products Corp)

Continuous Perfection. Grantor shall not change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection herewith seriously misleading within the meaning of section 9-Section 9- 402(7) of the UCC (or any other then applicable provision of the UCC UCC) unless Grantor shall have given Lender Lenders at least thirty (30) days' prior written notice thereof and shall have taken all action (or made arrangements to take such action substantially simultaneously with such change if it is impossible to take such action in advance) necessary or reasonably requested by Lender Lenders to amend such financing statement or continuation statement so that it is not seriously misleading.

Appears in 1 contract

Samples: Security Agreement (Vanguard Airlines Inc \De\)

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