Amend Organizational Documents. Amend or modify any of its organizational documents without Lender's consent, other than in connection with any direct or indirect Transfer permitted pursuant to Article VIII or to reflect any change in capital accounts, contributions, distributions, allocations or other provisions that do not and could not reasonably be expected to have a Material Adverse Effect and provided that Borrower and each SPE Entity each remain a Single Purpose Entity;
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Samples: Loan and Security Agreement (Reckson Associates Realty Corp), Loan and Security Agreement (Reckson Operating Partnership Lp)
Amend Organizational Documents. Amend or modify any of its organizational documents without Lender's ’s consent, other than in connection with any direct or indirect Transfer permitted pursuant to Article VIII or to reflect any change in capital accounts, contributions, distributions, allocations or other provisions that do not and could not reasonably be expected to have a Material Adverse Effect and provided that Borrower Borrower, Maryland Loan Guarantor and each other SPE Entity each remain a Single Purpose Entity;
Appears in 2 contracts
Samples: Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.)
Amend Organizational Documents. Amend or modify any of its organizational documents without Lender's consent, other than in connection with any direct or indirect Transfer permitted pursuant to Article VIII or to reflect any change in capital accounts, contributions, distributions, allocations or other provisions that do not and could not reasonably be expected anticipated to have a Material Adverse Effect and provided that Borrower and each SPE Entity each remain a Single Purpose Entity;
Appears in 1 contract
Amend Organizational Documents. Amend or modify any of its organizational documents (or the organizational documents of the General Partner or Tenant) without Lender's ’s consent, other than in connection with any direct or indirect Transfer permitted pursuant to Article VIII or to reflect any change in capital accounts, contributions, distributions, allocations or other provisions that do not and could not reasonably be expected to have a Material Adverse Effect and provided that Borrower and each SPE Entity each remain a Single Purpose Entity;
Appears in 1 contract
Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc)
Amend Organizational Documents. Amend or modify any of its organizational documents without Lender's consent, other than in connection with any direct or indirect Transfer permitted pursuant to Article VIII or to reflect any change in capital accounts, contributions, distributions, allocations or other provisions that do not and could not reasonably be expected to have a Material Adverse Effect and provided that Borrower and each SPE Entity each remain a Single Purpose Entity;
Appears in 1 contract
Samples: Loan and Security Agreement (American Financial Realty Trust)