Constituent Documents, Etc Clause Samples
The "Constituent Documents, Etc" clause defines and governs the foundational documents that establish and regulate the existence and operations of an entity, such as articles of incorporation, bylaws, partnership agreements, or trust deeds. This clause typically specifies which documents are considered constituent documents, outlines the requirement to maintain them in good standing, and may require parties to provide copies or notify others of amendments. Its core practical function is to ensure all parties have clarity and access to the key documents that determine the legal structure and authority of the entity, thereby reducing the risk of misunderstandings or disputes regarding governance and compliance.
Constituent Documents, Etc. Change in any material respect the nature of its certificate of incorporation, by-laws, or other similar documents, or accounting policies or accounting practices (except as required or permitted by the Financial Accounting Standards Board or GAAP).
Constituent Documents, Etc. The Parent will not, and will not permit or cause any GPU Party to, change in any material respect, the nature of its business, charter, certificate of incorporation or other similar document, accounting policies or accounting practices (except as required or permitted by the Financial Accounting Standards Board or generally accepted accounting principles and except as contemplated in connection with the merger of the Parent with and into First Energy Corp.) (it being agreed that such portion of any change to a charter, certificate of incorporation or other similar document that provides for the issuance of equity shall not be deemed material) or cease to engage principally in the business of the transmission and distribution of electric power.
Constituent Documents, Etc. The Borrower will not change in any material respect (a) its Restated Articles of Incorporation, By-Laws or other similar documents, (b) its accounting policies or accounting practices (except as required or permitted by the Financial Accounting Standards Board or generally accepted accounting principles) or (c) its business (including ceasing to engage in the business of the same general type as conducted by the Borrower on December 31, 2004).
Constituent Documents, Etc. GPU will not, and will not permit or cause any other Borrower to, (i) change in any material respect, the nature of its business, charter, certificate of incorporation or other similar document, accounting policies or accounting practices (except as required or permitted by the Financial Accounting Standards Board or generally accepted accounting principles) (it being agreed that such portion of any change to a charter, certificate of incorporation or other similar document that provides for the issuance of equity shall not be claimed material) or (ii) cease to engage in the business of the same general type as conducted by such Borrower on May 1, 2001.
Constituent Documents, Etc. Change in any material respect the nature of its articles of incorporation, articles of formation, by-laws, operating agreement, or other similar documents, or accounting policies or accounting practices (except as required or permitted by the Financial Accounting Standards Board or GAAP.