Common use of Modification of Organizational Documents Clause in Contracts

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 17 contracts

Sources: Credit Agreement (Cyalume Technologies Holdings, Inc.), Credit Agreement (Cpi Corp), Credit Agreement (FreightCar America, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 17 contracts

Sources: Credit Agreement (World Fuel Services Corp), Credit Agreement (Standard Parking Corp), Credit Agreement (Fresh Brands Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of 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 the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 12 contracts

Sources: Credit Agreement (5.11 Abr Corp.), Credit Agreement (ReShape Lifesciences Inc.), Credit Agreement (ReShape Lifesciences Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party or any of their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party or any of their respective Subsidiaries to change, its state of formation or its organizational form.

Appears in 4 contracts

Sources: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Modification of Organizational Documents. Not permit the charter, constitution, by-laws or other organizational documents of any Borrower or any other Loan Party to be amended or modified in a manner that is adverse to the interests of Agent or any Lender; provided that, in any event, the Loan Parties shall provide notice to Agent of any amendment or modification to the charter, constitution, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formParty.

Appears in 4 contracts

Sources: Credit Agreement (SWK Holdings Corp), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formform without at least 30 days’ prior written notice to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Landauer Inc), Credit Agreement (Landauer Inc)

Modification of Organizational Documents. Not permit the articles, charter, by-laws or other organizational documents of any Loan Party or any non-domestic Subsidiary of a Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 2 contracts

Sources: Credit Agreement (Westinghouse Air Brake Technologies Corp), Credit Agreement (Westinghouse Air Brake Technologies Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents Organizational Documents of any Loan Party or any of their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially adversely affect (a) reduce in any manner the interests rights of the Lenders; not change, or allow any Loan Party to changethe Collateral or of the Administrative Agent or the Lender under this Agreement or (b) otherwise adversely affect the rights, its state remedies or interests of formation the Administrative Agent or its organizational formthe Lenders.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Falconstor Software Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 2 contracts

Sources: 364 Day Revolving Credit Agreement (Winmark Corp), Credit Agreement (Meadowbrook Insurance Group Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 2 contracts

Sources: Credit Agreement (Winmark Corp), Revolving Credit Agreement (Winmark Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of 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 the Lenders; not change, Agent or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 2 contracts

Sources: Credit Agreement (Performant Financial Corp), Credit Agreement (AmWINS GROUP INC)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formform in any way which could reasonably be expected to have a material adverse affect on the interests of the Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Primoris Services Corp), Credit Agreement (Primoris Services Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which that could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 2 contracts

Sources: Credit Agreement (Weyco Group Inc), Credit Agreement (Weyco Group Inc)

Modification of Organizational Documents. Not Not, and not permit any Loan Party or Subsidiary thereof, to allow the charter, by-laws or other organizational documents of any Loan Party or Subsidiary thereof to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders (it being understood that any amendment, modification, or waiver increasing or expanding the payment obligations of any Loan Party will be deemed to be materially adverse to the interests of Lenders; not ). Not change, or allow any Loan Party or Subsidiary thereof to change, its state of formation or its organizational form.

Appears in 2 contracts

Sources: Credit Agreement (LIV Capital Acquisition Corp.), Credit Agreement (LIV Capital Acquisition Corp.)

Modification of Organizational Documents. Not permit the chartercharters, by-laws laws, operating agreements or other organizational documents of any Loan Party or any Subsidiary of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect have a Material Adverse Effect, except to the interests of extent the Lenders; not changesame is amended or modified to facilitate, or allow any otherwise in connection with, an initial public offering (IPO) by such Loan Party to change, its state of formation or its organizational formSubsidiary.

Appears in 2 contracts

Sources: Loan and Security Agreement (Kinsale Capital Group, Inc.), Loan and Security Agreement (Kinsale Capital Group, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, Agent or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 2 contracts

Sources: Credit Agreement (Rosetta Stone Inc), Credit Agreement (American Coin Merchandising Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party or Subsidiary to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form, except pursuant to a transaction permitted under Section 10.1.5.

Appears in 1 contract

Sources: Credit Agreement (FreightCar America, Inc.)

Modification of Organizational Documents. Not permit the chartercharters, by-laws laws, operating agreement, partnership agreement or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of Lender or the LendersCollateral; not change, or allow any Loan Party to change, its state of formation or its organizational form.form other than in accordance with Section 10.13(f). - 61 - 3193012v9/28370-0031

Appears in 1 contract

Sources: Loan and Security Agreement (Pernix Group, Inc.)

Modification of Organizational Documents. Not permit Permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Multi Color Corp)

Modification of Organizational Documents. Not permit the ---------------------------------------- charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Kv Pharmaceutical Co /De/)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Borrower or any other Loan Party and their respective Subsidiaries to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Focus Venture Partners, Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lendershave a Material Adverse Effect; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Roadrunner Transportation Services Holdings, Inc.)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lendershave a Material Adverse Effect; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Janel Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the LendersLender; not change, or allow any Loan Party to change, its state of formation or its organizational form.

Appears in 1 contract

Sources: Credit Agreement (Westell Technologies Inc)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formform in any way which could reasonably be expected to have a Material Adverse Effect on the interests of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Primoris Services Corp)

Modification of Organizational Documents. Not (a) permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not or (b) change, or allow any Loan Party to change, its state of formation incorporation or its organizational formform unless such Loan Party gives the Administrative Agent ninety (90) days’ prior written notice.

Appears in 1 contract

Sources: Credit Agreement (Continental Materials Corp)

Modification of Organizational Documents. Not permit the charter, by-laws or other organizational documents of 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 the Lenders; not change, Second Lien Agent or allow any Loan Party to change, its state of formation or its organizational formLender.

Appears in 1 contract

Sources: Second Lien Credit Agreement (AmWINS GROUP INC)

Modification of Organizational Documents. Not permit the charter, by-laws articles, bylaws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders; not change, or allow any Loan Party to change, its state of formation or its organizational formform without 30 days prior written notice to Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Xponential Fitness, Inc.)