Amendments to Organizational Agreements and Material Contracts Sample Clauses

Amendments to Organizational Agreements and Material Contracts. (a) Amend or permit any amendments to any Loan Party’s organizational documents; or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to Administrative Agent or the Lenders in any material respect.
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Amendments to Organizational Agreements and Material Contracts. No Credit Party shall (a) amend or permit any amendments to any Credit Party's Organizational Documents; or (b) amend or permit any amendments to, or terminate or waive any provision of, any Material Contract if such amendment, termination, or waiver would be adverse to Administrative Agent or the Lenders.
Amendments to Organizational Agreements and Material Contracts. No Loan Party shall (a) amend or permit any amendments to any Loan Party’s organizational documents, if such amendment would be adverse to the Administrative Agent or the Lenders or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to Administrative Agent or the Lenders.
Amendments to Organizational Agreements and Material Contracts. No Note Party shall (a) amend or permit any amendments to any Note Party’s or any of its Subsidiaries’ Organizational Documents; or (b) amend, terminate, or waive or permit any amendment, termination, or waiver of any provision of, any Managed Company Document, any agreement related to Material Indebtedness or other Material Contract, if such amendment, termination, or waiver could reasonably be expected to be adverse to the Purchasers in any material respect, the Purchasers or the Note Parties and their Subsidiaries.
Amendments to Organizational Agreements and Material Contracts. (a) No Credit Party shall (i) amend or permit any amendments to any Credit Party’s Organizational Documents if such amendment would be adverse to Administrative Agent, Collateral Agent or Lenders; or (ii) amend or permit any amendments to, or terminate or waive any provision of, any Material Contract if such amendment, termination, or waiver would be material and adverse to Administrative Agent, Collateral Agent or Lenders or the Credit Parties, and (b) ACL shall not amend or permit any amendments to its Organizational Documents or amend or waive or permit any amendment to, or waiver of, any term of the Shareholders’ Agreement if such amendment would be adverse to Administrative Agent, Collateral Agent or Lenders.
Amendments to Organizational Agreements and Material Contracts. Borrower shall not, nor shall it permit any of its Subsidiaries or Portfolio Companies to (a) amend, modify, terminate or waive (or permit any amendments, modifications, termination or waiver) its Organizational Documents if such amendment, modification, termination of waiver would reasonably be expected to have a Material Adverse Effect, or (b) amend, modify, terminate or waive any provision of any Material Contract if such amendment, termination, or waiver would be materially adverse to the rights and interests of Administrative Agent or the Lenders.
Amendments to Organizational Agreements and Material Contracts. (a) Amend or permit any amendments to any Loan Party’s or Appian UK’s organizational documents, without prior notice to the Administrative Agent (provided that no amendments to any such organizational documents may be entered into to the extent that such amendments could reasonably be expected to be materially adverse to the Secured Parties); or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to the Administrative Agent or the Lenders in any material respect.
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Amendments to Organizational Agreements and Material Contracts. (a) Materially amend or permit any material amendments to any Loan Party’s organizational documents (i) if such amendment would be adverse to the Administrative Agent or the Lenders in any material respect, and (ii) without giving the Administrative Agent five Business Days’ prior written notice of such amendment; or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver could reasonably be expected to result in a Material Adverse Effect.
Amendments to Organizational Agreements and Material Contracts. Amend or permit any amendments to any Loan Party’s organizational documents or any Material Contract, to the extent such amendment could reasonably be expected to be materially disadvantageous to the Lender (in its capacity as the Lender hereunder).
Amendments to Organizational Agreements and Material Contracts. No Credit Party shall (a) amend or permit any amendments to any Credit Party’s or any of its Subsidiaries’ Organizational Documents; or (b) amend, terminate, or waive or permit any amendment, termination, or waiver of any provision of, any Material Contract, Related Agreement, or Material Indebtedness if such amendment, termination, or waiver would be materially adverse to the Credit Parties, the Administrative Agent or the Lenders (it being agreed that any amendment that increases the rent, fees or other obligations payable by a Credit Party under any lease that is a Material Contract will be deemed materially adverse to the Lenders to the extent the landlord under such lease has a first priority Lien on any Collateral that is prior to the Lien granted to the Administrative Agent under the Credit Documents).
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