Common use of Modification of Organizational Documents Clause in Contracts

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders.

Appears in 17 contracts

Samples: Credit Agreement (World Fuel Services Corp), Credit Agreement (Titan International Inc), Credit Agreement (Fresh Brands Inc)

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Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 17 contracts

Samples: Credit Agreement (Cyalume Technologies Holdings, Inc.), Credit Agreement (Cpi Corp), Credit Agreement (KapStone Paper & Packaging CORP)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersLender.

Appears in 12 contracts

Samples: Credit Agreement (5.11 Abr Corp.), Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (ReShape Lifesciences Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially and adversely affect the interests of the LendersAgent or any Lender.

Appears in 4 contracts

Samples: Credit Agreement (Aralez Pharmaceuticals Inc.), Credit Agreement (Aralez Pharmaceuticals Inc.), Credit Agreement (Aralez Pharmaceuticals Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party or any of their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party or any of their respective Subsidiaries to change, its state of formation or its organizational form.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersAgent or any Lender.

Appears in 4 contracts

Samples: Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.)

Modification of Organizational Documents. Not permit the charter, constitution, by-laws or other organizational documents of any Borrower or any other Loan Party to be amended or modified in a manner that is adverse to the interests of Agent or any Lender; provided that, in any event, the Loan Parties shall provide notice to Agent of any amendment or modification to the charter, constitution, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersParty.

Appears in 4 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD)

Modification of Organizational Documents. Not permit the articles, charter, by-laws or other organizational documents of any Loan Party or any non-domestic Subsidiary of a Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Westinghouse Air Brake Technologies Corp), Credit Agreement (Westinghouse Air Brake Technologies Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which that could reasonably be expected to materially adversely affect the interests of the LendersLender.

Appears in 2 contracts

Samples: Credit Agreement (Weyco Group Inc), Credit Agreement (Weyco Group Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersAgent or any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (AmWINS GROUP INC)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersAgent or any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Rosetta Stone Inc), Assignment Agreement (American Coin Merchandising Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents Organizational Documents of any Loan Party or any of their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially (a) reduce in any manner the rights of any Loan Party to the Collateral or of the Administrative Agent or the Lender under this Agreement or (b) otherwise adversely affect the rights, remedies or interests of the Administrative Agent or the Lenders.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Falconstor Software Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form without at least 30 days’ prior written notice to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Landauer Inc), Credit Agreement (Landauer Inc)

Modification of Organizational Documents. Not permit the chartercharters, by-laws laws, operating agreements or other organizational documents of any Loan Party or any Subsidiary of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect have a Material Adverse Effect, except to the interests of extent the Lenderssame is amended or modified to facilitate, or otherwise in connection with, an initial public offering (IPO) by such Loan Party or Subsidiary.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinsale Capital Group, Inc.), Loan and Security Agreement (Kinsale Capital Group, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form in any way which could reasonably be expected to have a material adverse affect on the interests of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Primoris Services Corp), Credit Agreement (Primoris Services Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersLender.

Appears in 2 contracts

Samples: Day Revolving Credit Agreement (Winmark Corp), Credit Agreement (Meadowbrook Insurance Group Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lendersany Lender.

Appears in 2 contracts

Samples: Credit Agreement (Winmark Corp), Revolving Credit Agreement (Winmark Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Related Party to be amended or modified in any way which could would reasonably be expected to materially adversely affect the interests of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Ptek Holdings Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersSecond Lien Agent or any Lender.

Appears in 1 contract

Samples: Second Lien Credit Agreement (AmWINS GROUP INC)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests have a Material Adverse Effect; not change, or allow any Loan Party to change, its state of the Lendersformation or its organizational form.

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Services Holdings, Inc.)

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Modification of Organizational Documents. Not permit the charter, by-laws articles, bylaws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form without 30 days prior written notice to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Xponential Fitness, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersLender; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Samples: Credit Agreement (Westell Technologies Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Note Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersAgent or any Purchaser.

Appears in 1 contract

Samples: Note Purchase Agreement (CNL Strategic Capital, LLC)

Modification of Organizational Documents. Not permit the chartercharters, by-laws laws, operating agreement, partnership agreement or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of Lender or the Lenders.Collateral; not change, or allow any Loan Party to change, its state of formation or its organizational form other than in accordance with Section 10.13(f). - 61 - 3193012v9/28370-0031

Appears in 1 contract

Samples: Loan and Security Agreement (Pernix Group, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form in any way which could reasonably be expected to have a Material Adverse Effect on the interests of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Primoris Services Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of Borrower or any other Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersNoteholders.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Clayton Holdings Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party or Subsidiary to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form, except pursuant to a transaction permitted under Section 10.1.5.

Appears in 1 contract

Samples: Credit Agreement (FreightCar America, Inc.)

Modification of Organizational Documents. Not permit the ---------------------------------------- charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Samples: Credit Agreement (Kv Pharmaceutical Co /De/)

Modification of Organizational Documents. Not (a) permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; or (b) change, or allow any Loan Party to change, its state of incorporation or its organizational form unless such Loan Party gives the Administrative Agent ninety (90) days’ prior written notice.

Appears in 1 contract

Samples: Credit Agreement (Continental Materials Corp)

Modification of Organizational Documents. Not permit Permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Samples: Credit Agreement (Multi Color Corp)

Modification of Organizational Documents. Not permit the charterCertificate or Articles of Incorporation, byBy-laws Laws, Operating Agreement or other organizational documents of any Loan Party to be amended or modified in any way which reasonably could reasonably be expected to materially adversely affect the interests of the LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Clarion Technologies Inc/De/)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Borrower or any other Loan Party and their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Focus Venture Partners, Inc)

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