Amendments of Organizational Documents Sample Clauses

Amendments of Organizational Documents. Amend any of its Organization Documents in any manner that could be materially adverse to the Administrative Agent or the Lenders or which could result in a Material Adverse Effect.
AutoNDA by SimpleDocs
Amendments of Organizational Documents. Amend its Organizational Documents in a manner that could reasonably be expect to (a) impair the enforceability of any Loan Document in any material respect or the perfection or priority of any Lien created thereunder, (b) impair in any material respect its ability to perform its obligations under the Loan Documents or (c) otherwise have a Material Adverse Effect.
Amendments of Organizational Documents. Permit any Subsidiary to, at any time cause or permit its certificate of formation, limited liability company agreement, certificate of limited partnership, partnership agreement, articles of incorporation, by-laws, or other charter documents, as the case may be, to be modified, amended or supplemented in any respect whatsoever, without, in each case, the express prior written consent or approval of the Administrative Agent, if such changes would materially adversely affect the rights of the Administrative Agent or the Lenders hereunder or under any of the other Loan Documents; provided that if such prior consent or approval is not required, such Loan Party shall nonetheless notify the Administrative Agent in writing promptly after any such modification, amendment or supplement to the charter documents of such Loan Party.
Amendments of Organizational Documents. Parent Issuer shall not, nor shall it permit any of its Subsidiaries to amend, supplement or otherwise change their respective Organizational Documents in a manner that is adverse to the Holders.
Amendments of Organizational Documents. The Company shall not amend its Articles of Incorporation, by-laws or other organizational documents in any way (whether by merger or otherwise) which would (i) adversely affect the Warrant Holder or the holders of Warrant Shares in any manner different from such amendment’s effect on the class of Shares taken as a whole, (ii) create any class of equity interests or securities other than the Shares (or securities which are convertible or exchangeable into Shares) or (iii) result in a change in the Company’s organizational form; provided that upon request of the Warrant Holder in connection with any proposed registration hereunder of Warrant Shares held by the Warrant Holder and for purposes of complying with any law or regulation applicable to the Warrant Holder which shall be confirmed by an opinion of counsel for the Warrant Holder, the Company will amend its Articles of Incorporation or other organizational documents (such amendment to be satisfactory in form and substance to the Warrant Holder), and take such other action as is necessary, to provide for the issuance of a class of non-voting Shares, the holders of which will have identical rights to those of the holders of the Shares, except for voting rights, and to the effect that the Warrant Holder or any of its Affiliates, as holders of such non-voting Shares shall not have the right to exchange and convert such non-voting shares for Shares but that any transferee of the Warrant Holder or any of its affiliates shall have the right to exchange and convert such non-voting shares for Shares. If the Articles of Incorporation or other organizational documents of the Company so amended upon the request of the Warrant Holder, any Warrants still held by the Warrant Holder after the registration of any of its Warrant Shares shall be deemed to be Warrants for the purchase of such Shares but otherwise shall have the same rights and benefits as the original Warrant.
Amendments of Organizational Documents. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, amend any of its Organizational Documents other than any such amendment (a) made solely in connection with a transaction that is otherwise permitted under this Agreement, (b) that could not reasonably be expected to have a Material Adverse Effect, or (c) in connection with Discontinued Business Operations.
Amendments of Organizational Documents. The Borrower shall not, and shall not permit any of its Subsidiaries to, amend any of its Organizational Documents without the consent of the Administrative Agent (which consent, if any, may be conditioned upon the approval of the Required Lenders, among other things) if such amendment would be adverse to the Administrative Agent or the Lenders, except as permitted in accordance with other Loan Documents.
AutoNDA by SimpleDocs
Amendments of Organizational Documents. The Company shall not, nor shall it permit any of its Subsidiaries to amend, supplement or otherwise change their respective Organizational Documents in a manner that is adverse to the Holders.
Amendments of Organizational Documents. The Company shall not, and shall not permit any of its Subsidiaries to, amend, supplement or otherwise modify, or permit the amendment, modification or supplementation of any Organizational Documents in a manner which is inconsistent with or violates the terms of or could reasonably be expected to prevent compliance with any of the terms of any Financing Document or Project Document or could materially adversely affect the Lenders or any Collateral.
Amendments of Organizational Documents. Amend any of its Organization Documents, except for any such amendment that would not have a Material Adverse Effect.
Time is Money Join Law Insider Premium to draft better contracts faster.