Change in Structure. Except as expressly permitted under Section 5.3, no Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to amend any of its Organization Documents in any respect materially adverse to an Agent (in its capacity as such) or Lenders (in their capacities as such).
Change in Structure. CAC shall not change its jurisdiction of organization or merge or consolidate with and into any other entity or otherwise change its name, corporate structure or its location (within the meaning of the UCC) unless (i) Funding shall have received at least thirty (30) days advance written notice of such change and CAC has taken all action necessary or appropriate to perfect or maintain the perfection of Funding’s interest in the Conveyed Property (including, without limitation, the filing of all financing statements and the taking of such other action as Funding or its assigns may request in connection with such change); (ii) in the event of a merger or consolidation, (x) if CAC is then Servicer, such merger or consolidation satisfies all conditions in Section 7.03 of the Sale and Servicing Agreement and, (y) if CAC is not the surviving entity, the surviving entity shall have executed an agreement of assumption acceptable to Funding to perform every obligation of CAC under this Agreement and the other Basic Documents to which CAC is a party; and (iii) CAC shall have delivered to Funding and the Indenture Trustee (for the benefit of itself and the Noteholders), an opinion of counsel confirming that the security interest created hereunder remains perfected and of first priority, subject only to such limitations and qualifications as are contained in the opinions of Xxxxxx Xxxxxxx PLLC or Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP, as applicable, delivered on the Closing Date or are otherwise consented to by the addressees of such opinion.
Change in Structure. Except as expressly permitted under Section 5.3, no Credit Party (other than CryoLife) shall, and no Credit Party shall permit any of its Subsidiaries to, make any material changes in its equity capital structure (including in the terms of its outstanding Stock or Stock Equivalents), or amend any of its Organization Documents in any material respect or in any respect adverse to the Agent or Lenders.
Change in Structure. Except as expressly permitted under Section 5.3, the Borrower shall not and shall not permit any of its Subsidiaries to, make any changes in its equity capital structure (including in the terms of its outstanding stock), or amend its certificate of incorporation or by-laws if such change or amendment could reasonably be expected to have a Material Adverse Effect.
Change in Structure. Change in structure
Change in Structure. Except as expressly permitted under Section 5.3, no Credit Party (other than Holdings) shall, and no Credit Party shall permit any of its Subsidiaries to, make any material changes in its equity capital structure or amend any of its Organization Documents, in each case, in any respect materially adverse to Agent or Lenders in their capacity as such or issue any Stock or Stock Equivalents unless such Stock or Stock Equivalents are pledged to Agent in accordance with Section 4.13.
Change in Structure. Duty to inform when intending to implement a change in structure
Change in Structure. Promptly upon the occurrence thereof, written notice of (i) any change in the equity capital structure of the Borrower and its Subsidiaries (including in the terms of outstanding stock) and (ii) any amendment, modification or change to the articles of incorporation (or corporate charter or other similar organizational documents) or bylaws (or other similar document) of any Loan Party;
Change in Structure. Except as permitted under Section 9.3, the Company shall not, and shall not permit any of the Obligors to, make any changes in their capital structure (including in the terms of their outstanding stock) or amend their certificates of incorporation, bylaws or other similar instrument or agreement in a manner which could reasonably be expected to have a Material Adverse Effect.
Change in Structure. Amend, modify or restate any of its Organization Documents in any manner.
