Common use of Fiscal Year; Organizational Documents Clause in Contracts

Fiscal Year; Organizational Documents. No Credit Party will, nor will it permit any of its Consolidated Subsidiaries to, (a) change its fiscal year without having first provided 30 days prior written notice to the Agent, or (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any manner that would reasonably be likely to adversely affect the rights of the Lenders and Holders without the prior written consent of the Majority Secured Parties.

Appears in 3 contracts

Samples: Participation Agreement (Veritas Software Corp /De/), Participation Agreement (Veritas Software Corp /De/), Participation Agreement (Veritas Software Corp /De/)

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Fiscal Year; Organizational Documents. No Credit Party will, nor will it permit any of its Consolidated Subsidiaries to, (a) change its fiscal year without having first provided 30 days prior written notice to the Administrative Agent, or (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any manner that would reasonably be likely to adversely affect the rights of the Lenders and Holders without the prior written consent of the Majority Secured PartiesRequired Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Veritas Software Corp /De/), Credit Agreement (Veritas Software Corp /De/)

Fiscal Year; Organizational Documents. No The Credit Party will, nor Parties will it not permit any of its Consolidated Subsidiaries to, Party to (ai) change its fiscal year without having first provided 30 days prior written notice to the Agent, Agent (provided that no such change may occur if such change would materially affect the Lenders ability to read and interpret the financial statements delivered pursuant to Section 7.1 or make any calculation in respect of the financial covenants set forth in Section 7.11) or (bii) amend, modify or change its articles or certificate of incorporation (or corporate charter or other similar organizational document) or its bylaws (or other similar document) in any manner that would reasonably be likely to adversely affect the rights of the Lenders and Holders without the prior written consent of the Majority Secured PartiesLenders.

Appears in 1 contract

Samples: Credit Agreement (American Medical Systems Holdings Inc)

Fiscal Year; Organizational Documents. No Credit Party will, nor will it permit any of its Consolidated Subsidiaries to, (a) change its fiscal year without having first provided 30 (other than to change to a retail fiscal year ending within five days prior written notice to the Agent, of December 31) or (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any manner that would reasonably be likely to adversely affect the rights of the Lenders and Holders without the prior written consent Lenders, change its articles or certificate of the Majority Secured Partiesincorporation or its bylaws.

Appears in 1 contract

Samples: Credit Agreement (Wesco International Inc)

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Fiscal Year; Organizational Documents. No Credit Party will, nor will it permit any of its Consolidated Subsidiaries to, (a) change its fiscal year without having first provided 30 days prior written notice to the Agent, or (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any manner that would reasonably be likely to materially adversely affect the rights of the Lenders and Holders Lenders, change its articles or certificate of incorporation, operating agreement, articles of organization or its bylaws or (c) without the providing ten (10) days prior written consent notice to the Administrative Agent, change its name or state of the Majority Secured Partiesformation.

Appears in 1 contract

Samples: Credit Agreement (Ryans Restaurant Group Inc)

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