Amendment of Governing Documents. The Company shall not amend or modify its Certificate of Incorporation or By-laws in any respect which would have a material adverse effect upon the Purchasers' rights and remedies under the Loan Documents.
Amendment of Governing Documents. Pledgors shall not permit the Pledged Companies to (i) authorize the amendment of or amend the Governing Documents of the Pledged Companies to provide that the Stock of such Pledged Company is governed by Article 8 of the Code, or (ii) authorize the issuance of or issue certificates evidencing the Stock of the Pledged Companies unless such certificates have been pledged and delivered to Agent pursuant to the terms of this Agreement.
Amendment of Governing Documents. No Loan Party shall amend, supplement or otherwise change its Governing Documents in any respect that is materially detrimental to the Lenders.
Amendment of Governing Documents. The Borrower shall not, and shall not permit any of its Subsidiaries or any other Person to, amend, modify or supplement its Operating Agreement or any other organizational or governing document of the Borrower or any of its Subsidiaries, unless required by law, in any manner adverse, as reasonably determined by the Agent, to the Borrower, such Subsidiary or the Banks.
Amendment of Governing Documents. The Parties agree that any amendments to the Governing Documents shall remain consistent with the terms of, and not be adverse to the rights of the Sponsors promulgated under, this Agreement.
Amendment of Governing Documents. No member of the Xxxxx Karan Group shall amend, supplement or otherwise change their respective Governing Documents in any material respect.
Amendment of Governing Documents. The Borrower shall not, and shall not permit any of its Subsidiaries to, amend, modify or supplement its Certificate or Articles of Incorporation, Bylaws or other organizational or governing documents or any shareholders or security holders agreement, unless required by law, in any manner that is adverse to the interests of the Banks (as may be determined by the Administrative Agent).
Amendment of Governing Documents. For so long as any amount remains due and outstanding under this Note, except as provided in the Securities Purchase Agreement, the Company shall not amend, supplement, or otherwise modify any of the provisions of the Company’s Governing Documents in a manner that would be materially adverse to the Holder and shall not amend, alter, modify or change the rights, preferences or privileges of Common Stock.
Amendment of Governing Documents. It shall not and shall not permit any of its Subsidiaries to amend, modify or otherwise change (a) its Governing Documents in any manner materially adverse to the Lenders or (b) its accounting policies or reporting practices.
Amendment of Governing Documents. No Loan Party (other than Stellex) shall amend, supplement or otherwise change its Governing Documents in any material respect, and Stellex shall not amend, supplement or otherwise change its Governing Documents in any material respect which is adverse to the interests of the Lenders.
