Corporate Changes definition

Corporate Changes is deleted in its entirety and the following new language is substituted in its place: “Borrower will not directly or indirectly, merge or consolidate with any Person or amend, alter or modify its organizational documents (except for stock authorized and/or issuance allowed under this Agreement) or its legal name, mailing address, chief executive office or principal places of business, jurisdiction of organization, structure, status or existence, or liquidate or dissolve itself (or suffer any liquidation or dissolution).”
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Corporate Changes any change in Borrower's place of organization, form of organization, or name, including but not limited to changes resulting from mergers, acquisitions, divestitures, and reorganizations.
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Corporate Changes shall have the meaning set forth in Section 4.5(a).
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Examples of Corporate Changes in a sentence

  • The foregoing provisions shall similarly apply to successive Fundamental Corporate Changes.

  • The foregoing provisions of this Section 3.4(a) shall similarly apply to successive Fundamental Corporate Changes.

  • Promptly after receiving notice of any reportable event (as defined in ERISA) with respect to the Borrower (or any ERISA Affiliate thereof), a copy of such notice; (viii) Corporate Changes.

  • The Collateral Trustee shall have no duty to inquire about Corporate Changes if the Grantors do not inform the Collateral Trustee of such Corporate Changes, the parties acknowledging and agreeing that it would not be feasible or practical for the Collateral Trustee to search for information on the Corporate Changes if such information is not provided by the Grantors.

  • The foregoing provisions of this Section 5(b) shall similarly apply to successive Fundamental Corporate Changes.

  • If the Grantors fail to provide information to the Collateral Trustee about Corporate Changes on a timely basis, the Collateral Trustee shall not be liable or responsible to any party for any failure to maintain a perfected security interest in the Grantors' collateral, for which the Collateral Trustee needed to have information about the Corporate Changes.

  • The foregoing provisions of this Section 4.4 shall similarly apply to successive Fundamental Corporate Changes.

  • Prior to the Effective Time, Sun shall effect the following changes and take the following actions ("Sun Corporate Changes"): (a) amend its Certificate of Incorporate to change its corporate name to Sun Network Group, Inc.; (b) amend its Bylaws to provide for a Board of Directors of four members; and (c) effect a reverse stock split to decrease the number of its authorized common stock and to reverse split each of its issued and outstanding shares of common stock into 0.3333 of a share of common stock.

  • The determination of the Corporate Changes Termination Payment, the earned Bonus differential under Section 7 (b), the Reduced Amount and the net after tax amount payable to YOUNG on the full Aggregate Amount shall be made by the YOUNG and the EMPLOYER in good faith, and in the event they disagree, such determination shall be made by means of arbitration to be conducted at the EMPLOYER'S expense.

  • Corporate Changes: Enter into any merger or consolidation or effect any reorganization or recapitalization or create or fund any Subsidiary.

Related to Corporate Changes

  • Corporate Change means one of the following events: (i) the merger, consolidation, or other reorganization of the Company in which the outstanding Stock is converted into or exchanged for a different class of securities of the Company, a class of securities of any other issuer (except a direct or indirect wholly owned subsidiary of the Company), cash or other property; (ii) the sale, lease or exchange of all or substantially all of the assets of the Company to any other corporation or entity (except a direct or indirect wholly owned subsidiary of the Company); or (iii) the adoption by the stockholders of the Company of a plan of liquidation or dissolution.

  • climate change means a change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere and which is in addition to natural climate variability observed over comparable time periods.

  • Corporate Chart means a corporate organizational chart, list or other similar document in each case in form reasonably acceptable to the Administrative Agent and setting forth, for each Person that is a Loan Party, that is subject to Section 7.11

  • Climate Change Levy or “CCL” means the tax referred to in schedule 6 of the Finance Act 2000;

  • Company Change of Control means any of the following events: