Amendment of Organization Documents Sample Clauses

Amendment of Organization Documents. The Loan Parties shall not amend any of its Organization Documents to (i) place any restrictions on the transfer or assignability of its Stock which would be materially adverse to the interests of the Lenders, (ii) place any limitations, directly or indirectly, on the exercise of the Administrative Agent’s remedies set forth in the Pledge and Security Agreement, (iii) “opt-out” of Article 8 of the UCC for its state of organization with respect to its Stock or (iv) take any action otherwise prohibited by the Pledge and Security Agreement.
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Amendment of Organization Documents. Amend any of its Organization Documents in any manner that is materially adverse to the interests of the Lenders.
Amendment of Organization Documents. The Company shall not amend its [Limited Partnership Agreement] in a manner that affects adversely the Agent or the Lenders.
Amendment of Organization Documents. The Company shall not and shall not permit any Subsidiary to amend, restate, supplement or otherwise modify its or any Subsidiary's governing organizational documents if the effect of such amendment, restatement, supplement, modification or waiver would be adverse to any Holder.
Amendment of Organization Documents. 12 Section 9.3
Amendment of Organization Documents. No Loan Party shall amend, modify or waive any Loan Party’s rights under its Organization Documents (a) in a manner materially adverse to the Credit Parties or (b) in any manner that would cause a Material Adverse Effect.
Amendment of Organization Documents. The Borrower will not, and will not permit any of the Subsidiaries to, amend any of its Organization Documents if such amendment would be adverse to the Administrative Agent or the Lenders.
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Amendment of Organization Documents. Amend, modify or waive any term or material provision of its Organization Documents except as required by Applicable Law.
Amendment of Organization Documents. Amend any of its Organization Documents.
Amendment of Organization Documents. At any time cause or permit (i) any Loan Party’s Organization Documents to be modified, amended, amended and restated or supplemented in any respect whatsoever, without, in each case, the express prior written consent or approval of the Administrative Agent and the Required Lenders, if such changes would reasonably be expected to adversely affect such Loan Party’s ability to repay the Obligations or (ii) the Organization Documents of any Person whose Equity Interests are included in the Collateral to be modified, amended, amended and restated or supplemented in any respect whatsoever, without, in each case, the express prior written consent or approval of the Administrative Agent and the Required Lenders, if such changes would have the effect of impairing the position or interests of the Administrative Agent or any other Secured Party under any Loan Document.
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