No Amendments to Charter Clause Samples
The "No Amendments to Charter" clause prohibits any changes or modifications to a company's charter or foundational documents without meeting specific requirements, such as obtaining prior approval from certain parties. In practice, this means that the company cannot alter its articles of incorporation, bylaws, or similar governing documents unless it follows the agreed-upon process, which may involve board or shareholder consent. This clause serves to maintain stability and predictability in the company's governance structure, preventing unilateral or unexpected changes that could affect stakeholders' rights or interests.
No Amendments to Charter. The Charter of the Company will be in substantially the same form of Exhibit B hereto and will not be materially amended prior to the closing of the IPO without the Purchaser’s prior written consent.
No Amendments to Charter. The amended and restated certificate of incorporation of the Company will be in substantially the same form of Exhibit B hereto and will not be amended in any material respect prior to the IPO Closing without the Purchaser’s prior written consent.
No Amendments to Charter. The Charter of the Borrower has not been amended;
No Amendments to Charter. The Borrower’s Charter has not been amended since March 5, 2019;
No Amendments to Charter. The Charter of each Obligor has not been amended since May 13, 2003;
No Amendments to Charter. The Charter of the Company will not be materially amended prior to the Business Combination Closing without the prior written consent of Subscriber Parties that have subscribed for a majority of the Total Acquired Shares.
No Amendments to Charter. (i) As of the date hereof, the Borrower’s Charter has not been amended since October 24, 2016; and
(ii) As of any date after the date hereof, any amendment to the Borrower’s Charter was permitted pursuant to this Agreement and a copy thereof has been provided to the Senior Lenders.
No Amendments to Charter. TPH shall not amend its Certificate of Incorporation or Bylaws.
No Amendments to Charter. As of the date of this Agreement, (i) BPZ Exploración’s Charter has not been amended since June 28, 2007 and (ii) BPZ Marine’s Charter has not been amended since its incorporation.
No Amendments to Charter. The Charter of the Issuer has not been amended since October 8, 2021.