AMENDMENT OF THE CHARTER DOCUMENTS Sample Clauses

AMENDMENT OF THE CHARTER DOCUMENTS. The Borrower shall not amend the articles of incorporation or by-laws of the Borrower, or agree to do the same, if the effect of any such amendment is to materially adversely affect the Borrower's ability to perform its obligations hereunder.
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AMENDMENT OF THE CHARTER DOCUMENTS. The Company shall (and the Seller shall cause the Company to) amend its Charter Documents appropriately, within 7 Business Days of the Final Closing Date, so as to incorporate the terms of this Agreement therein.
AMENDMENT OF THE CHARTER DOCUMENTS. The Seller shall amend its Charter Documents appropriately, if required, within three (3) Business Days of the Final Closing Date, so as to incorporate the terms of this Investment Agreement therein.
AMENDMENT OF THE CHARTER DOCUMENTS. Section 6.1 Societe par actions simplifiee. The PURCHASER and the SELLERS undertake to amend the charter documents of the COMPANY in order to transform, within 35 (thirty five) business days from the date of this AGREEMENT, the COMPANY into a societe par actions simplifiee, governed by the specific provisions set out in Sections 6.2 to 6.6 below, as well as, but only insofar they are compatible with said provisions, (i) by the provisions of law governing joint stock corporations, (societe anonyme et societe par actions simplifiee) including particularly Articles 89 to 177-1 of Law no. 66-537 of July 24, 1966 (ii) by the provisions of the by-laws that are presently in force and (iii) by the provisions of the shareholder's covenants executed November 26, 1998. It is understood and agreed between the parties that, (i) upon the execution of this AGREEMENT; the provisions under Article I (preemptive right--droit de preemption) of said shareholder's covenants shall now be limited to transfers of shares of COMPANY STOCK in favor of third parties (ii) the provisions of said shareholder's covenants not integrated in the by-laws of the COMPANY shall remain in full force.

Related to AMENDMENT OF THE CHARTER DOCUMENTS

  • Amendments to Charter Documents The Company covenants and agrees, that prior to its initial Business Combination it will not seek to amend or modify its Charter Documents, except as set forth therein. The Company acknowledges that the purchasers of the Public Securities in the Offering shall be deemed to be third party beneficiaries of this Agreement and specifically this Section 3.22.

  • Charter Documents Copies of the articles or certificates of incorporation or other charter documents of each Credit Party certified to be true and complete as of a recent date by the appropriate Governmental Authority of the state or other jurisdiction of its incorporation and certified by a secretary or assistant secretary of such Credit Party to be true and correct as of the Closing Date.

  • Amendment of Organizational Documents The Borrower will not, or will permit any Restricted Subsidiary to, amend, modify or waive any of its rights under its articles or certificate of incorporation, by-laws or other organizational documents, in either case, to the extent such amendment, modification or waiver would be adverse in any material respect to the rights or interests of the Lenders hereunder or under any other Loan Document.

  • Modifications of Organizational Documents The Parent and the Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, amend, supplement, restate or otherwise modify its articles or certificate of incorporation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable organizational document if such amendment, supplement, restatement or other modification could reasonably be expected to have a Material Adverse Effect.

  • Amendment to Organizational Documents The Borrowers will not, and will not permit any of their respective Subsidiaries to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders or any Borrower under its certificate of incorporation, bylaws or other organizational documents.

  • Certified Copies of Charter Documents Each of the Lenders shall have received from the Borrower and each of its Subsidiaries a copy, certified by a duly authorized officer of such Person to be true and complete on the Closing Date, of each of (a) its charter or other incorporation documents as in effect on such date of certification, and (b) its by-laws as in effect on such date.

  • Amendment of Bylaws These bylaws, including any bylaws adopted or amended by the stockholders, may be amended or repealed by the board of directors.

  • Amendments of Organizational Documents Amend any of its Organization Documents in any manner that could be materially adverse to the Administrative Agent or the Lenders or which could result in a Material Adverse Effect.

  • Amendments to Organizational Documents Parent will not, and will not permit any of its Subsidiaries to amend, modify, or grant any waiver or release under or terminate in any manner, any Organizational Documents in any manner materially adverse to, or which would impair the rights of, the Lenders.

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