Common use of Changes in Organizational Documents Clause in Contracts

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws or other organizational documents without providing at least five (5) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks in their sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Stores Corp /De/), Credit Agreement (Consolidated Stores Corp /De/)

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Changes in Organizational Documents. Except as permitted by Section 7.2.68.2.5, each of the Loan Parties Borrowers shall not, and shall not permit any of its Restricted Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws or other organizational documents without providing at least five (5) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks in their sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Commercial Intertech Corp)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five thirty (530) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required BanksBanks except in connection with transactions permitted by Section 8.2.6(1).

Appears in 1 contract

Samples: Credit Agreement (Primesource Corp)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five fifteen (515) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Blair Corp)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five ten (510) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Lone Star Technologies Inc)

Changes in Organizational Documents. Except as permitted by Section 7.2.6On or after June 19, 1998, each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five ten (510) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Churchill Downs Inc)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five ten (510) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their sole its reasonable discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Res Care Inc /Ky/)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five thirty (530) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required BanksBanks except in connection with transactions permitted by Section 8.2.6(i).

Appears in 1 contract

Samples: Credit Agreement (Primesource Corp)

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Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate or articles of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five thirty (530) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Rent Way Inc)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents without providing at least five fifteen (515) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Administrative Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each of the Loan Parties Borrower shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including -71- any provisions or resolutions relating to capital stock), by-laws or other organizational documents without providing at least five (5) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks in their sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Cuno Inc)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws or other organizational documents certificate of formation, without providing at least five ten (510) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Administrative Agent in their sole its reasonable discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Orius Corp)

Changes in Organizational Documents. Except as permitted by Section 7.2.6, each Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, amend in any respect its certificate or articles of incorporation (including any provisions or resolutions relating to capital stock), by-laws laws, certificate of limited partnership, partnership agreement, certificate of formation, operating agreement, regulations or other organizational documents without providing at least five twenty (520) calendar days' prior written notice to the Administrative Agent and the Banks and, in the event such change would be adverse to the Banks as determined by the Required Banks Agent in their its sole discretion, obtaining the prior written consent of the Required Banks.

Appears in 1 contract

Samples: Credit Agreement (Rainbow Rentals Inc)

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