Common use of Changes to Organizational Documents Clause in Contracts

Changes to Organizational Documents. In the case of the Borrower, except as may be required by applicable law or by applicable rule, regulation or order by any Governmental Authority, it shall not terminate, amend or otherwise modify its Organizational Documents without the prior written consent of the Managing Agents.

Changes to Organizational Documents. In the case of the Borrower, except as may be required by applicable law or by applicable rule, regulation or order by any Governmental Authority, it shall not terminate, amend or otherwise modify its Organizational Documents articles of incorporation or by-laws without the prior written consent of the Managing Agents.