Common use of OPERATIONAL CHANGES Clause in Contracts

OPERATIONAL CHANGES. Borrower shall not (a) change the location of any Collateral for the Loan, (b) change its taxpayer identification number, (c) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower shall have given the Bank at least sixty (60) 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 the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (d) change its principal place of business or remove the records concerning the Collateral unless it has given the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of the Bank to cause the security interest of the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Borrower shall not (a) change the ------------------- location of any Collateral for the Loan, (b) change its taxpayer identification number, (c) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower shall have given the Bank at least sixty (60) 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 the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (d) change its principal place of business or remove the records concerning the Collateral unless it has given the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of the Bank to cause the security interest of the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Borrower shall not (aA) change the location of any Collateral for the Loan, (bB) change its taxpayer identification number, (cC) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the this Security Agreement seriously misleading within the meaning of Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower shall have given the Bank at least sixty (60) 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 the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (dD) change its principal place of business or remove the records concerning the Collateral unless it has given the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of the Bank to cause the security interest of the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Borrower shall not (a) change the ------------------- location of any Collateral for the Loan, (b) change its taxpayer identification number, (c) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the this Security Agreement seriously misleading within the meaning of Section 9.402 of the UCC (or any other then applicable provision of the UCC) unless Borrower shall have given the Bank at least sixty (60) 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 the Bank to amend such financing statement or continuation statement so that it is not seriously misleading, or (d) change its principal place of business or remove the records concerning the Collateral unless it has given the Bank at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of the Bank to cause the security interest of the Bank in the Collateral to continue to be a first priority perfected security interest.

OPERATIONAL CHANGES. Neither Borrower nor any Guarantor shall not (a) change the location of any Collateral for the Loan, (b) change its taxpayer identification number, (cb) change its address for its chief executive office or its mailing address or change its name, identity or corporate structure in any manner which might make any financing or continuation statement filed in connection with the Security Agreement seriously misleading within the meaning of Section 9.402 Article 9 of the UCC (or any other then applicable provision of the UCC) unless Borrower or such Guarantor, as the case may be, shall have given the Bank Lender at least sixty (60) 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 the Bank Lender to amend such financing statement or continuation statement so that it is not seriously misleading, or (dc) change its principal place of business or remove the records concerning the Collateral unless it has given the Bank Lender at least thirty (30) days' prior written notice of its intent to do so and has taken such action as is necessary or advisable in the opinion of the Bank Lender to cause the security interest of the Bank Lender in the Collateral to continue to be a first priority perfected security interest.