Examples of Parent Articles in a sentence
Ultimate Parent has furnished or otherwise made available to the Company, prior to the date hereof, a correct and complete copy of the Articles of Incorporation, as amended to date (the "Ultimate Parent Articles of Incorporation"), and the Bylaws, as amended to date (the "Ultimate Parent Bylaws"), of Ultimate Parent as in effect as of the date hereof.
For the avoidance of doubt, if three Lender Appointing Persons have not been determined within 2 business days after the effective date of the Parent Articles, the Board cannot take any action after such date, other than to assist in determining the three Lender Appointing Persons and subsequent appointment of the three Lender Directors.
The Ultimate Parent Articles of Incorporation and the Ultimate Parent Bylaws are in full force and effect.
The Parent and the Subsidiaries shall not take, and shall not permit any Subsidiary of Parent to take, any action that would be in contravention or conflict with the Parent Articles, with the exception expressly permitted in Section 5.2 of this Agreement.
Prior to the appointment of the three Lender Appointing Persons as contemplated in the Parent Articles, the Parent and the Subsidiaries of Parent party hereto shall not take, and shall not permit any Subsidiary of Parent to take, any action if such action would otherwise require Lender Directors' approval as contemplated in the Parent Articles, other than issuing equity securities, including, without limitation, Shares, pursuant to the Restructuring.