Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, bylaws or other applicable organizational documents in any manner that could reasonably be expected to result in a Material Adverse Effect.
Appears in 5 contracts
Samples: Security Agreement (Pillowtex Corp), Credit Agreement (Clubcorp Inc), Credit Agreement (Club Corp International)
Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Lender or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 2 contracts
Samples: Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Pc Service Source Inc)
Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Restricted Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws (or other applicable similar organizational documents or governance documents) in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Lender or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 2 contracts
Samples: Credit Agreement (Signature Resorts Inc), Credit Agreement (Sunterra Corp)
Amendment of Organizational Documents. The Borrower shall not, ------------------------------------- and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Lender or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 2 contracts
Samples: Credit Agreement (Compucom Systems Inc), Credit Agreement (Safeguard Scientifics Inc Et Al)
Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Restricted Subsidiary of the Borrower to, amend its articles of incorporation, bylaws or other applicable organizational documents in any manner that could would reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) materially impair or materially and adversely affect the Rights of the Administrative Agent or any Lender under any Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (Netcom Systems Inc), Credit Agreement (Netcom Systems Inc)
Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower to, amend its Borrower’s articles or certificate of incorporation, bylaws or any other applicable organizational documents agreement, instrument or document affecting Borrower’s organization, management or governance or form any subsidiaries except to the extent permitted in any manner that could reasonably be expected to result in a Material Adverse EffectSection 8.2.
Appears in 2 contracts
Samples: Loan and Security Agreement (PSF Group Holdings Inc), Loan and Security Agreement (Premium Standard Farms, Inc.)
Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower its Subsidiaries to, amend its articles of incorporation, bylaws or other applicable organizational documents in any manner that could reasonably be expected to result in have a Material Adverse Effect.
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Amendment of Organizational Documents. The Borrower shall not, ------------------------------------- and shall not permit any Restricted Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws (or other applicable similar organizational documents or governance documents) in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Lender or any Lender under any Loan Documents or in respect of any Collateral.
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Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary or Affiliate of the Borrower to, amend its articles of incorporation, incorporation or bylaws (or other applicable similar organizational documents or governance documents) in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Lender under any Loan Documents or in respect of any Collateral.
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Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Agent or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 1 contract
Samples: Credit Agreement (Xircom Inc)
Amendment of Organizational Documents. The Borrower shall ------------------------------------- not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse Effect.Effect or (b) impair or adversely affect the Rights of the Administrative Agent or any Lender under any Loan Documents or in respect of any Collateral, it being understood that the re-incorporation of the Borrower as a Delaware corporation will be permitted under this Section 7.17. ------------
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Amendment of Organizational Documents. The Borrower shall not, and shall not permit any Subsidiary of the Borrower its Subsidiaries to, amend its articles of incorporation, bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) materially impair or materially adversely affect the Rights of the Administrative Agent or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 1 contract
Amendment of Organizational Documents. The Borrower shall ------------------------------------- not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws (or other applicable similar organizational documents or governance documents) in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Agent or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 1 contract
Samples: Credit Agreement (Sunterra Corp)
Amendment of Organizational Documents. The Borrower shall ------------------------------------- not, and shall not permit any Subsidiary of the Borrower to, amend its articles of incorporation, incorporation or bylaws or other applicable organizational documents in any manner that could reasonably be expected to (a) result in a Material Adverse EffectEffect or (b) impair or affect the Rights of the Administrative Lender or any Lender under any Loan Documents or in respect of any Collateral.
Appears in 1 contract
