Common use of Amendment to Organizational Documents Clause in Contracts

Amendment to Organizational Documents. Amend, modify or waive any of its rights in a manner materially adverse to Lender or any Loan Party under its Organization Documents, except in any manner that would not have an adverse effect on Lender, Borrower or any of its Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (HCI Group, Inc.), Credit Agreement (HCI Group, Inc.), Credit Agreement (HCI Group, Inc.)

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Amendment to Organizational Documents. Amend, modify or waive any of its rights in a manner materially adverse to Lender or any Loan Party of the Guaranteed Parties express rights under its Organization DocumentsDocuments or amend, except in any manner that would not have an adverse effect on Lender, Borrower modify or waive any of its Subsidiariesthe Company’s rights in a manner adverse to any of the Guaranteed Parties’ express rights under the TypTap Amended Charter.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (TypTap Insurance Group, Inc.), Preferred Stock Purchase Agreement (HCI Group, Inc.), Parent Guaranty Agreement (HCI Group, Inc.)

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