Change in Structure Sample Clauses

Change in Structure. Except as expressly permitted under Section 6.3, no Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, amend any of its Organization Documents in any respect materially adverse to Agent or Lenders.
Change in Structure. CAC shall not change its jurisdiction of organization or merge or consolidate with and into any other entity or otherwise change its name, corporate structure or its location (within the meaning of the UCC) unless (i) Funding shall have received at least thirty (30) days advance written notice of such change and CAC has taken all action necessary or appropriate to perfect or maintain the perfection of Funding’s interest in the Conveyed Property (including, without limitation, the filing of all financing statements and the taking of such other action as Funding or its assigns may request in connection with such change); (ii) in the event of a merger or consolidation, (x) if CAC is then Servicer, such merger or consolidation satisfies all conditions in Section 7.03 of the Sale and Servicing Agreement and, (y) if CAC is not the surviving entity, the surviving entity shall have executed an agreement of assumption acceptable to Funding to perform every obligation of CAC under this Agreement and the other Basic Documents to which CAC is a party; and (iii) CAC shall have delivered to Funding and the Indenture Trustee (for the benefit of itself and the Noteholders), an opinion of counsel confirming that the security interest created hereunder remains perfected and of first priority, subject only to such limitations and qualifications as are contained in the opinions of Xxxxxx Xxxxxxx PLLC or Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, as applicable, delivered on the Closing Date or are otherwise consented to by the addressees of such opinion.
Change in Structure. Except as expressly permitted under Section 5.3, no Credit Party (other than CryoLife) shall, and no Credit Party shall permit any of its Subsidiaries to, make any material changes in its equity capital structure (including in the terms of its outstanding Stock or Stock Equivalents), or amend any of its Organization Documents in any material respect or in any respect adverse to the Agent or Lenders.
Change in Structure. Except as expressly permitted under Section 5.3, the Borrower shall not, and shall not permit any of its Subsidiaries to amend any of its Organization Documents in any material respect or which is adverse to Agent or Lenders in their capacity as such.
Change in Structure. Except as permitted under Section 9.3, the Company shall not, and shall not permit any of the Obligors to, make any changes in their capital structure (including in the terms of their outstanding stock) or amend their certificates of incorporation, bylaws or other similar instrument or agreement in a manner which could reasonably be expected to have a Material Adverse Effect.
Change in Structure. Change in structure 1. For the purposes of this chapter, a change in structure shall be taken to mean: discontinuation of an independent publication, amalgamation/merger, collaboration with another publisher, or otherwise. This article shall also apply where it can be expected that employees' jobs will cease to exist or the working situation for journalists will immediately or shortly change drastically as a result of a change in structure. The publisher shall notify any change in structure to the NVJ at the earliest possible stage, but at least as soon as the expectation is justified that the change in structure will take effect, and, if the NVJ so desires, also give further oral information about this immediately. 2. As soon as the consultations about a change in structure have led to agreement, this shall be communicated to the boards of the employers' association and the NVJ. The editorial committee and/or the editorial representative will then also be informed and consulted - subject to a confidentiality obligation if need be - about the elaboration and performance of the relevant agreement, to the extent that this can - immediately or in due course - influence the position of the editorial team.
Change in Structure. Except as expressly permitted hereunder, no Credit Party shall, and no Credit Party (other than Parent) shall permit any of its Subsidiaries to, make any material changes in its equity capital structure (including in the terms of its outstanding Stock or Stock Equivalents), or amend any of its Organization Documents in any respect materially adverse to Agent (in its capacity as such) or Lenders (in their capacities as such).
Change in Structure. Promptly upon the occurrence thereof, written notice of (i) any change in the equity capital structure of the Borrower and its Subsidiaries (including in the terms of outstanding stock) and (ii) any amendment, modification or change to the articles of incorporation (or corporate charter or other similar organizational documents) or bylaws (or other similar document) of any Loan Party;
Change in Structure. Duty to inform when intending to implement a change in structure 1. The employer who intends to implement a change in structure shall notify the board of the NVJ accordingly as soon as possible, but at the latest as soon as the expectation is justified that the change in structure will take effect. 2. For the purposes of this article and the following articles, a change in structure shall be taken to mean: discontinuation of an independent free local newspaper, as well as transfer of title to the newspaper for which the journalist works, amalgamation of or collaboration with another company, or any other comparable changes to the organisation that have important consequences for the legal position of the journalist. 3. As soon as the decision to implement a change in structure has been taken, the employer shall be under the obligation to notify the board of the NVJ of such decision and to inform the editorial team(s) involved. 4. If the change in structure results in a drastic change in the legal position of the journalists, the board of the NVJ shall be consulted as to the details of the decision taken. The resulting consequences for the legal position of the journalists involved shall be provided for in more detail in a redundancy scheme to be agreed between the NVJ and the employer. 5. As soon as a change in structure has been decided in principle, the composition of the editorial team can only be changed upon consulting the editor-in-chief.
Change in Structure. Broker/Dealer covenants and agrees that, so long as Lender shall have any Loan Commitment hereunder, or the Loans or other Obligations (other than contingent obligations with respect to which no express indemnification claim has been made) shall remain unpaid or unsatisfied, no Obligor shall directly or indirectly, except as set forth on Schedule 7(s), amend any of its governing documents or make any changes in its equity capital structure (including in the terms of its outstanding Capital Securities), in each case as to (i) Broker/Dealer and/or Holdings LP without Lender’s prior written consent which consent shall not be unreasonably withheld or delayed, and (ii) each other Obligor to the extent such amendment or change results in a material adverse effect on Lender’s rights or remedies under any Loan Document or the credit worthiness of such Obligor as determined by Lender in its reasonable lending judgment.