Common use of Modification of Organizational Documents Clause in Contracts

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.

Appears in 63 contracts

Samples: Credit and Security Agreement (Treace Medical Concepts, Inc.), Credit and Security Agreement (Treace Medical Concepts, Inc.), Credit and Security Agreement (Akoya Biosciences, Inc.)

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Modification of Organizational Documents. No Borrower willwill not, or and will not permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modificationssuch amendments or other modifications required by Law and fully disclosed to Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Collegiate Pacific Inc), Credit Agreement (Collegiate Pacific Inc), Credit Agreement (Sport Supply Group, Inc.)

Modification of Organizational Documents. No Without limiting Section 5.5(d), no Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.

Appears in 4 contracts

Samples: Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.

Appears in 3 contracts

Samples: Credit and Security Agreement (Accuray Inc), Credit and Security Agreement (Accuray Inc), Credit and Security Agreement (Accuray Inc)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted ModificationsModifications that, as applicable, are made in compliance with the provisions of Section 9.2(e).

Appears in 3 contracts

Samples: Credit and Security Agreement (Sientra, Inc.), Credit and Security Agreement (Sientra, Inc.), Credit and Security Agreement (Sientra, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, indirectly amend or otherwise modify any Organizational Documents of such PersonPerson in a manner adverse to Agent without Agent’s written consent, except for Permitted Modificationssuch amendments or other modifications required by law and fully disclosed to Agent.

Appears in 3 contracts

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

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modificationsto the extent such amendment or modification causes or could reasonably be expected to cause a Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Ellipse Technologies Inc), Credit Agreement (Ellipse Technologies Inc)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary of its Subsidiaries to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.

Appears in 1 contract

Samples: Credit Agreement (Steel Connect, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary (other than Foreign Subsidiaries) to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modificationssuch amendments or other modifications required (a) under this Agreement or (b) by applicable Law and fully disclosed to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Cyberonics Inc)

Modification of Organizational Documents. No Borrower willwill not, or and will not permit any Subsidiary of its Subsidiaries to, directly or indirectly, indirectly amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications(i) such amendments or other modifications required by Law, and (ii) such amendments or other modifications which do not adversely impact Borrower, its Subsidiaries or Lender.

Appears in 1 contract

Samples: Credit Agreement (Sauer Danfoss Inc)

Modification of Organizational Documents. No Borrower willwill not, or and will not permit any Subsidiary of its Subsidiaries to, directly or indirectly, indirectly amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications(i) such amendments or other modifications required by law, and (ii) such amendments or other modifications which do not adversely impact Borrower, its Subsidiaries or Lender.

Appears in 1 contract

Samples: Credit Agreement (Sauer Danfoss Inc)

Modification of Organizational Documents. No Neither Borrower will, or nor will it permit any Subsidiary to, directly or indirectly, indirectly amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modificationssuch amendments or other modifications required by law and fully disclosed to Agent.

Appears in 1 contract

Samples: Credit Agreement (Williams Controls Inc)

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Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.. MidCap / Aptevo Therapeutics / Credit and Security Agreement

Appears in 1 contract

Samples: Credit and Security Agreement (Aptevo Therapeutics Inc.)

Modification of Organizational Documents. No Borrower willwill not, or and will not permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such PersonPerson in any material respect, except for Permitted Modifications(a) such amendments or other modifications required by Law and fully disclosed to Administrative Agent and (b) a one-time amendment and restatement to the Organizational Documents of Borrower substantially in the form of Exhibit A to the Third Amendment.

Appears in 1 contract

Samples: Credit Agreement (Obagi Medical Products, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, indirectly amend or otherwise modify any Organizational Documents of such PersonPerson in any respect adverse to Agent or Lenders, except for Permitted Modificationssuch amendments or other modifications required by law and fully disclosed to Agent.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Premium Brands LTD)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modifications.. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Akoya Biosciences, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such Person, except for Permitted Modificationssuch amendments or other modifications (a) that do not adversely affect Agent or Lenders and that would not reasonably be expected to have a Material Adverse Effect or (b) that are required (i) under this Agreement or (ii) by applicable Law, and in each case fully disclosed to Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Monogram Biosciences, Inc.)

Modification of Organizational Documents. No Borrower willwill not, or and will not permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Organizational Documents of such PersonPerson in any material respect, except for Permitted Modificationssuch amendments or other modifications required by Law and fully disclosed to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Obagi Medical Products, Inc.)

Modification of Organizational Documents. No Borrower will, or will permit any Subsidiary to, directly or indirectly, to amend or otherwise modify any Organizational Documents Document of such Person, except for Permitted Modifications.

Appears in 1 contract

Samples: Credit Agreement (Pernix Therapeutics Holdings, Inc.)

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