Amendment to Articles of Organization. In the event this Agreement shall be amended pursuant to this Article VII, the Managing Member shall amend the Articles of Organization to reflect such change if the Managing Member deems such amendment to be necessary.
Amendment to Articles of Organization. Neither the Company nor any of its Subsidiaries will permit any material amendment to (i) with respect to any such corporation, its certificate or articles of incorporation or organization or its by-laws, (ii) with respect to any such limited partnership, its certificate of limited partnership or its partnership agreement, (iii) with respect to any such general partnership, its partnership agreement, and (iv) with respect to any such limited liability company, its articles of organization or its operating agreement.
Amendment to Articles of Organization. Required when a buyer becomes a member and/or manager of an Arizona LLC. This document is filed with the Arizona Corporation Commission to change its records to show that one or more old members or managers are out and the buyer is in as a member and/or manager.
Amendment to Articles of Organization. (a) No Obligor will, or will permit any party to, amend, modify or otherwise change its bylaws, limited liability company agreement or operating agreement, if any such amendments, modifications or other changes, taken as a whole, would be adverse to the holders of the Notes in any material respect, without the prior written consent of the Required Holders.
Amendment to Articles of Organization. In the case of any amendment to the Articles of Incorporation of the Company to change the rights, privileges, restrictions or conditions in respect of the Common Stock or to divide the Common Stock, this Warrant shall be adjusted so as to provide that upon the exercise thereof, the holder shall receive in lieu of each share of Common Stock theretofore issuable upon such exercise, the kind and amount of shares, other securities, money and property receivable upon such change or division by the holder issuable upon such exercise had the exercise occurred immediately prior to such change or division. This Warrant shall be deemed thereafter to provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided in this Section 7. Such adjustment shall be made successively whenever any event listed above shall occur.
Amendment to Articles of Organization. Amend, modify, or otherwise ------------------------------------- make any change to its Articles of Organization or Operating Agreement which change in any way would nullify or circumvent the limitations on its business activities, the nature of its separate existence from its affiliates and the requisite directors' consents for taking certain actions.
