Common use of Amendment to Organizational Documents Clause in Contracts

Amendment to Organizational Documents. The Loan Parties will not, and will not permit any of their Subsidiaries to, amend, modify or waive any of its rights under its certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiaries.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)

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Amendment to Organizational Documents. The Loan Parties Borrower will not, and will not permit any of their Subsidiaries the Subsidiary Loan Parties to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders under its certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.)

Amendment to Organizational Documents. The Loan Parties 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 in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 3 contracts

Samples: Revolving Credit Agreement (PRGX Global, Inc.), Revolving Credit and Term Loan Agreement (PRGX Global, Inc.), Revolving Credit and Term Loan Agreement (PRGX Global, Inc.)

Amendment to Organizational Documents. The Loan Parties will not, and will not permit any of their Subsidiaries to, amend, modify or waive any of its rights under its certificate of incorporation, bylaws or other organizational documents in any manner that would have an a material adverse effect on the Lenders, the Administrative Agent, or the Loan Parties or any of and their SubsidiariesSubsidiaries taken as a whole.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)

Amendment to Organizational Documents. The Loan Parties Borrower will not, and will not permit any of their its Subsidiaries to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders or the Borrower under its certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Catalyst Health Solutions, Inc.), Credit and Term Loan Agreement (Catalyst Health Solutions, Inc.)

Amendment to Organizational Documents. The Loan Parties Borrowers will not, and will not permit any of their Subsidiaries to, amend, modify or waive any of its rights in any manner that is adverse in any material respect to the interests of the Lenders under its such Person’s certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 2 contracts

Samples: Credit Agreement (Fortegra Financial Corp), Credit Agreement (Fortegra Financial Corp)

Amendment to Organizational Documents. The Loan Parties Borrowers will not, and will not permit any of their Subsidiaries Subsidiary to, amend, modify or waive any of its their rights in a manner materially adverse to the Lenders under its their articles or certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Crawford & Co)

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Amendment to Organizational Documents. The Loan Parties Borrower will not, and will not permit any of their Subsidiaries Guarantor to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders under its articles or certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 1 contract

Samples: Canadian Revolving Credit Agreement (Ems Technologies Inc)

Amendment to Organizational Documents. The Loan Parties Borrower will not, and will not permit any of their its Subsidiaries to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders under its certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Priority Healthcare Corp)

Amendment to Organizational Documents. The Loan Parties Borrower will not, and will not permit any of their Subsidiaries Subsidiary to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders under its articles or certificate of incorporation, bylaws or other organizational documents in any manner that would have an adverse effect on the Lenders, the Administrative Agent, the Loan Parties or any of their Subsidiariesdocuments.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ems Technologies Inc)

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