Organic Documents Clause Samples
The 'Organic Documents' clause defines and references the foundational legal documents that establish and govern an entity, such as articles of incorporation, bylaws, or partnership agreements. This clause typically specifies which documents are considered the official governing instruments for the parties involved and may require that these documents be provided, maintained, or updated as necessary. Its core practical function is to ensure clarity and certainty about the legal framework under which an entity operates, thereby reducing ambiguity and potential disputes regarding authority or governance.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents, except in connection with a transaction permitted under Section 10.2.9.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents as in effect on the Closing Date.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents in a manner materially adverse to the Lenders, except in connection with a transaction permitted hereunder.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents as in effect on the Closing Date where such amendment, modification or other change would materially adversely affect the interests of Agent or the Lenders.
Organic Documents. The Administrative Agent shall have received (i) true and complete copies of the articles of organization and operating agreement of the Borrower, (ii) a certificate of good standing with respect to the Borrower issued by its jurisdiction of incorporation or organization and (iii) to the extent reasonably requested in writing by any of the Lenders, all documentation and other information required by bank regulatory authorities under applicable “know-your-customer” and anti-money laundering rules and regulations, including the Patriot Act, at least two Business Days prior to the Closing Date.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents as in effect on the Closing Date except for any amendment, modification or other change that does not adversely affect any Lender or any duty to pay Obligations.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents, except (a) with respect to Subsidiaries other than SPV, in connection with a transaction permitted under Section 9.2.9., (b) pursuant to the Select Interior Transaction or (c) in connection with a name change so long as the Agent shall receive (i) three (3) Business Day’s prior written notice of such amendment and (ii) a true and complete copy of the amendment filed by the appropriate official in its jurisdiction of formation within three (3) Business Days of such filing.
Organic Documents. The Administrative Agent shall have received true and complete copies of the articles of incorporation and by-laws of the Borrower and a certificate of good standing with respect to the Borrower issued by its jurisdiction of incorporation or organization.
Organic Documents. Amend, modify or otherwise change any of its Organic Documents as in effect on the Effective Date to the extent such amendment, modification or change could reasonably be expected to result in a Material Adverse Effect.
Organic Documents. Amend, modify or otherwise change any of the terms or provisions in any of its Organic Documents as in effect on the date hereof, except for changes that do not affect in any way (i) such Obligor’s or any of its Subsidiaries’ right and authority to enter into and perform the Loan Documents to which it is a party, (ii) the perfection of Agent’s Liens in any Collateral, or (iii) the authority or obligation of an Obligor to pay or perform any of the Obligations.