Amendment of Charter Documents. Neither the Borrower nor any Guarantor shall amend, terminate, modify or waive or agree to the amendment, modification or waiver of any material term or provision of its
Appears in 2 contracts
Samples: Convertible Note and Warrant Purchase Agreement (Lenfest H F), Convertible Note and Warrant Purchase Agreement (Environmental Tectonics Corp)
Amendment of Charter Documents. Neither the Borrower nor any the Guarantor shall amend, terminate, modify or waive or agree to the amendment, modification or waiver of any material term or provision of itsits Charter Documents or Bylaws, except as specifically contemplated herein. The Borrower shall not, without the prior written consent of the Lender, issue any shares of its Preferred Stock other than to the Lender.
Appears in 2 contracts
Samples: Secured Credit Facility and Warrant Purchase Agreement (Environmental Tectonics Corp), Secured Credit Facility and Warrant Purchase Agreement (Environmental Tectonics Corp)