Common use of Amendment of Organizational Documents Clause in Contracts

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse Effect.

Appears in 4 contracts

Samples: Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc)

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Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles certificate of Incorporation incorporation or Byby-Laws laws or other organizational documents certificate of formation or adopt any resolution which would have a Material Adverse Effectoperating agreement, as the case may be, unless required by law.

Appears in 2 contracts

Samples: Credit and Security Agreement (Akrion, Inc.), Credit and Security Agreement (Akrion, Inc.)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Certificate or Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse Effectunless required by law.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Horsehead Holding Corp), Security Agreement (Horsehead Holding Corp)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have Organizational Documents in a Material Adverse Effectmanner materially adverse to the Lenders.

Appears in 2 contracts

Samples: Term Loan Credit and Security Agreement (EVINE Live Inc.), Security Agreement (Valuevision Media Inc)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation Organizational Documents in any manner that adversely affects Agent or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse EffectLender, unless required by law.

Appears in 2 contracts

Samples: Security Agreement (Englobal Corp), Security Agreement (Flotek Industries Inc/Cn/)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles articles of Incorporation or Byincorporation, by-Laws laws, certificate of formation, operating agreement or other organizational documents or adopt any resolution which would have a Material Adverse Effectdocuments, as applicable, unless required by law.

Appears in 2 contracts

Samples: Credit and Security Agreement (Stoneridge Inc), Credit and Security Agreement (Stoneridge Inc)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or Certificate of Formation or Operating Agreement, as applicable, or other organizational documents or adopt any resolution which would have a Material Adverse Effectthe effect of diminishing the rights of Agent or the Lenders under this Agreement or any Other Document.

Appears in 1 contract

Samples: Security Agreement (Dreams Inc)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles of Incorporation or Incorporation, Certificate of Formation, Operating Agreement, By-Laws or other organizational documents or adopt any resolution which would document unless required by law, if such amendment could have a Material Adverse Effectan adverse effect on such Borrower.

Appears in 1 contract

Samples: Security Agreement (Bentley Systems Inc)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have applicable Organizational Documents in a Material Adverse Effectmanner adverse to Lenders unless required by Applicable Law.

Appears in 1 contract

Samples: Security Agreement (Emtec Inc/Nj)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or Certificate of Formation or Operating Agreement, as applicable, unless required by law or upon the consolidation or merger of a Borrower into any other organizational documents or adopt any resolution which would have a Material Adverse EffectBorrower.

Appears in 1 contract

Samples: Security Agreement (Merisel Inc /De/)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse Effectthe effect of diminishing the rights of Agent or the Lenders under this Agreement or any Other Documents.

Appears in 1 contract

Samples: Security Agreement (Apac Customer Service Inc)

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Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse Effectunless required by law.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Zanett Inc)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Articles of Incorporation or By-Laws or other organizational documents or adopt any resolution which would have a Material Adverse Effectunless required by law.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles of Incorporation or By-Laws Laws, Certificate of Formation or Operating Agreement, as applicable, or other organizational documents or adopt any resolution which would have a Material Adverse Effectthe effect of diminishing the rights of Agent or the Lenders under this Agreement or any Other Document, unless required by law.

Appears in 1 contract

Samples: Security Agreement (Intcomex, Inc.)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its organizational documents, including, its articles of organization, operating agreement, Articles of Incorporation or By-Laws Laws, each as applicable, or other organizational documents or adopt any resolution which would have change its name, unless required by law, in a Material Adverse Effectmanner materially adverse to Agent and Lenders except with their prior written consent.

Appears in 1 contract

Samples: Security Agreement (Maxum Petroleum Holdings, Inc.)

Amendment of Organizational Documents. Amend, modify or waive any term or material provision of its Certificate or Articles of Incorporation or By-Laws (or other organizational documents or adopt any resolution which would have a Material Adverse Effectequivalent documentation) unless required by law.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Horsehead Holding Corp)

Amendment of Organizational Documents. Amend, modify or waive any material term or material provision of its Articles Certificate of Incorporation Formation or By-Laws Operating Agreement or other organizational documents or adopt any resolution which would have a Material Adverse Effectthe effect of diminishing the rights of Agent or the Lenders under this Agreement or any Other Documents.

Appears in 1 contract

Samples: Security Agreement (P&f Industries Inc)

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