Common use of Amendments or Waivers of Organizational Documents Clause in Contracts

Amendments or Waivers of Organizational Documents. The Borrower shall, and shall cause each Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its respective Organizational Documents in a manner that is, in the good faith determination of the Borrower, materially adverse to the Lenders (in their capacity as such), taken as a whole; provided that, for the avoidance of doubt, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may make any change to its organizational form and/or consummate any other transaction that is permitted under Section 6.07.

Appears in 7 contracts

Samples: Credit Agreement (First Watch Restaurant Group, Inc.), Credit Agreement (Cava Group, Inc.), Credit Agreement (Cava Group, Inc.)

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Amendments or Waivers of Organizational Documents. The Borrower shallshall not, and nor shall cause each Subsidiary Guarantor it permit any of the Restricted Subsidiaries to, ensure amend or modify their respective Organizational Documents, in each case in a manner that it does not, is materially adverse to the interests of the Lenders (in their capacities as such) without obtaining the prior written consent of the Administrative Agent, amend or modify its respective Organizational Documents in a manner that is, in the good faith determination of the Borrower, materially adverse to the Lenders (in their capacity as such), taken as a whole; provided that, for the avoidance purposes of doubtclarity, it is understood and agreed that the Borrower and/or or any Restricted Subsidiary Guarantor may make any effect a change to its organizational form and/or or consummate any other transaction that is permitted under Section 6.07.

Appears in 6 contracts

Samples: Credit Agreement (Victory Capital Holdings, Inc.), Credit Agreement (Victory Capital Holdings, Inc.), Credit Agreement (Victory Capital Holdings, Inc.)

Amendments or Waivers of Organizational Documents. The Borrower shallBorrowers shall not, and nor shall cause each they permit any Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its their respective Organizational Documents Documents, in each case in a manner that is, in the good faith determination of the Borrower, is materially adverse to the Lenders (in their capacity capacities as such), taken as a wholewithout obtaining the prior written consent of the Administrative Agent; provided that, for the avoidance purposes of doubtclarity, it is understood and agreed that the Borrower Borrowers and/or any Subsidiary Guarantor may make any effect a change to its organizational form and/or consummate any other transaction that is permitted under Section 6.07.. Section 6.12

Appears in 2 contracts

Samples: Credit Agreement (SB/RH Holdings, LLC), Credit Agreement (SB/RH Holdings, LLC)

Amendments or Waivers of Organizational Documents. The Borrower shallshall not, and nor shall cause each it permit any Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its their respective Organizational Documents Documents, in each case in a manner that is, in the good faith determination of the Borrower, is materially adverse to the Lenders (in their capacity capacities as such), taken as a whole, without obtaining the prior written consent of the Administrative Agent; provided that, for the avoidance purposes of doubtclarity, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may make any effect a change to its respective organizational form and/or consummate any other transaction that is permitted under Section 6.076.06.

Appears in 2 contracts

Samples: Credit Agreement (Definitive Healthcare Corp.), Credit Agreement (Definitive Healthcare Corp.)

Amendments or Waivers of Organizational Documents. The Borrower shallshall not, and nor shall cause each it permit any Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its their respective Organizational Documents Documents, in each case, in a manner that is, in the good faith determination of the Borrower, is materially adverse to the Lenders (in their capacity capacities as such) without obtaining the prior written consent of the Administrative Agent (acting at the Direction of the Required Lenders); provided, taken as a whole; provided that, for the avoidance purposes of doubtclarity, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may make any effect a change to its organizational form and/or consummate any other transaction that is permitted under Section 6.076.06.

Appears in 1 contract

Samples: Credit Agreement (Cano Health, Inc.)

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Amendments or Waivers of Organizational Documents. The Borrower shall, and shall cause each Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its respective Organizational Documents in a manner that is, in the good faith determination of the Borrower, materially adverse to the Lenders (in their capacity as such), taken as a whole; provided that, that for the avoidance of doubt, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may make any change to its organizational form and/or consummate any other transaction that is permitted under Section 6.07.. 135135 WXXX:\98093729\19\40590.0004

Appears in 1 contract

Samples: Credit Agreement (Definitive Healthcare Corp.)

Amendments or Waivers of Organizational Documents. The Borrower shall, and shall cause each Subsidiary Guarantor to, ensure that it does not, without the consent of the Administrative Agent, amend or modify its respective Organizational Documents in a manner that is, in the good faith determination of the Borrower, materially adverse to the Lenders (in their capacity as such), taken as a whole; provided that, that for the avoidance of doubt, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may make any change to its organizational form and/or consummate any other transaction that is permitted under Section 6.07.

Appears in 1 contract

Samples: Credit Agreement (Definitive Healthcare Corp.)

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