Common use of Board Policies Clause in Contracts

Board Policies. The Borrower shall not modify the terms of any policy or resolutions of its board of directors if such modification could reasonably be expected to have or result in a Material Adverse Effect.

Appears in 19 contracts

Sources: Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp)

Board Policies. The Borrower shall not modify the terms of any policy or resolutions of its board of directors managers if such modification could reasonably be expected to have or result in a Material Adverse Effect.

Appears in 6 contracts

Sources: Credit and Security Agreement (Sungard Data Systems Inc), Credit and Security Agreement (Sungard Capital Corp Ii), Credit and Security Agreement (Sungard Capital Corp Ii)

Board Policies. The Borrower shall not modify the terms of any policy or resolutions of its board of directors managers if such modification could reasonably be expected to have or result in a Material Adverse Effect.

Appears in 1 contract

Sources: Receivables Sale and Contribution Agreement (Consolidated Freightways Corp)

Board Policies. The Borrower shall not modify the terms of any policy or resolutions of its board of directors if such modification could reasonably be expected to have or result in a Material Adverse Effect.

Appears in 1 contract

Sources: Receivables Funding Agreement (Labor Ready Inc)

Board Policies. The Borrower shall not modify the terms of any policy or resolutions of its board of directors managers if such modification could would reasonably be expected to have or result in a Material Adverse Effect.

Appears in 1 contract

Sources: Credit and Security Agreement (Alpha Natural Resources, Inc.)

Board Policies. The Borrower shall not modify the terms of any -------------- policy or resolutions of its board of directors if such modification could reasonably be expected to have or result in a Material Adverse Effect.

Appears in 1 contract

Sources: Receivables Funding Agreement (Imperial Sugar Co /New/)