Organic Documents definition
Examples of Organic Documents in a sentence
Neither Super ▇▇▇▇▇ Borrower shall cause or permit (to the extent of its Borrower Power with respect to any Joint Subsidiary) to exist any restriction on the ability of any other RG Entity to make, directly or indirectly, distributions of cash to such Super ▇▇▇▇▇ Borrower, except as set forth in the Project Financing Documents, ▇▇▇▇▇ Financing Documents and the Organic Documents of the RG Entities, in each case as in existence as of the Closing Date.
Except as expressly permitted by this Agreement or the other FinCo Financing Documents, such Pledgor shall not terminate, amend, supplement, modify, or cancel the Organic Documents of the applicable Company in a manner that is in any material respect adverse to the | interests of the FinCo Secured Parties or such ▇▇▇▇▇▇▇’s ability to comply with this Agreement.
Notwithstanding anything to the contrary contained in the Company’s Organic Documents, the Pledgor hereby waives any requirement contained in the Company’s Organic Documents that it consents to a transfer of any Equity Interest in the Company in connection with a foreclosure on such Equity Interest under this Agreement and the Senior Secured Credit Documents during a Trigger Event Period.
Notwithstanding anything to the contrary contained in any Company’s Organic Documents, each Pledgor hereby waives any requirement contained in the applicable Company’s Organic Documents that it consents to a transfer of any Equity Interest in such Company in connection with a foreclosure on such Equity Interest under this Agreement and the ▇▇▇▇▇ Financing Documents during a Trigger Event Period.
Neither Super ▇▇▇▇▇ Borrower shall, and neither Super ▇▇▇▇▇ Borrower shall permit an Upper-Tier Intermediate Entity to, amend or modify its Organic Documents in any material respect, including in a manner that would have a Detrimental Effect.