Amendment of Documents. Amend, modify or waive any term or provision of its Organic Documents or any Material Agreement, unless (i) required by law to do so or (ii) such amendment, modification or waiver does not cause any contravention of, or conflict with, any material term or condition of this Agreement and would not otherwise reasonably be expected to have a Material Adverse Effect.
Appears in 5 contracts
Samples: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Sachem Capital Corp.)
Amendment of Documents. Amend, modify or waive any term or provision of (a) its Organic Documents or any Material AgreementDocuments, unless (i) required by law to do so or (ii) such amendment, modification or waiver does not cause any contravention of, or conflict with, any material term or condition of this Agreement and would not otherwise reasonably be expected to have a Material Adverse EffectEffect or (b) any Material Agreement if such amendment, modification or waiver shall cause any contravention of, or conflict with, any material term or condition of this Agreement.
Appears in 1 contract
Amendment of Documents. Amend, modify or waive any term or provision of its Organic Documents or any Material Agreement, unless (ia) required by law to do so so, or (iib) such amendment, modification or waiver does (i) would not cause any contravention of, or conflict with, any material term or condition of this Agreement or any other Credit Document, including any Subordination Agreement, and (ii) would not otherwise reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Precision Aerospace Components, Inc.)
