Common use of Amendments to Organizational Agreements and Material Contracts Clause in Contracts

Amendments to Organizational Agreements and Material Contracts. No Loan Party shall (a) amend or permit any amendments to any Loan Party’s organizational documents, if such amendment would be adverse to the Administrative Agent or the Lenders or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to Administrative Agent or the Lenders.

Amendments to Organizational Agreements and Material Contracts. No Loan Party shall terminate, amend, supplement or otherwise modify any of its organizational documents (aincluding (x) amend by the filing or permit modification of any amendments certificate of designation and (y) any election to treat any Loan Party’s organizational documents, if such amendment would be adverse to Equity Interests described in the Administrative Agent or the Lenders or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to Administrative Agent or the Lenders.Guarantee and Collateral Agreement as a “security” under

Amendments to Organizational Agreements and Material Contracts. No Loan Party shall (a) amend or permit any amendments to any Loan Party’s organizational documents, if such amendment would be adverse to the Administrative Agent or the Lenders ; or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to adversely affects the interests of the Administrative Agent or the LendersLenders in any material respect.

Amendments to Organizational Agreements and Material Contracts. No Loan Party shall (a) amend or permit any amendments to any Loan Party’s 's organizational documents, if such amendment would be adverse to the Administrative Agent or the Lenders ; or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would could reasonably be adverse expected to Administrative Agent or the Lendersresult in a Material Adverse Effect.

Amendments to Organizational Agreements and Material Contracts. No Loan Party shall (a) amend or permit any amendments to any Loan Party’s organizational documents, if such amendment would be adverse to the Administrative Agent or the Lenders ; or (b) amend or permit any amendments to, or terminate or waive any provision of, any material Contractual Obligation if such amendment, termination, or waiver would be adverse to Administrative Agent or the LendersLenders in any material respect.