Common use of Modification of Organizational Documents Clause in Contracts

Modification of Organizational Documents. Not, and not suffer or permit the charter, limited liability agreement, partnership agreement, by-laws or other organizational documents of, Parent, 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 Agent or any Lender.

Appears in 6 contracts

Samples: Credit Agreement (Earth Biofuels Inc), Credit Agreement (Earth Biofuels Inc), Credit Agreement (PNG Ventures Inc)

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Modification of Organizational Documents. NotNot waive, amend or modify, and not suffer or permit any waiver, amendment or modification of, any term of the charter, limited liability company agreement, partnership agreement, articles of incorporation, by-laws or other organizational documents of, Parent, of the Borrower or any other Loan Party to be amended or modified Party, in any way which could reasonably be expected to each case except as permitted by Section 7.17(a)(i) and for those amendments and modifications that do not materially adversely affect the interests of the Agent or any Lenderthe Lender in the Assigned Interests.

Appears in 3 contracts

Samples: Credit Agreement (Avinger Inc), Credit Agreement (Avinger Inc), Credit Agreement (PDL Biopharma, Inc.)

Modification of Organizational Documents. Not, and not suffer or Not permit the Trust Agreement or the Borrower LLC Agreement, or the charter, limited liability agreement, partnership agreement, by-laws or other organizational documents of, Parent, of Borrower or any other Loan Party Subsidiary, to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of Agent or any Lender.

Appears in 2 contracts

Samples: Assignment Agreement (Compass Group Diversified Holdings LLC), Credit Agreement (Compass Diversified Holdings)

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Modification of Organizational Documents. Not, and not suffer or permit the charter, limited liability agreement, partnership agreement, by-laws or other organizational documents of, Parent, 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 Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (PNG Ventures Inc)

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