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

Amendments or Waivers of Organizational Documents. The Borrowers and the Subsidiary Guarantors shall not, nor shall they permit any of their Subsidiaries to amend or modify, in each case in a manner that is materially adverse to the Lenders, such Person’s Organizational Documents without obtaining the prior written consent of Required Lenders.

Appears in 7 contracts

Samples: Credit Agreement (Party City Holdco Inc.), Credit Agreement (Party City Holdco Inc.), Credit Agreement (Party City Holdco Inc.)

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Amendments or Waivers of Organizational Documents. The Borrowers and the Subsidiary Guarantors Borrower shall not, nor shall they it permit any of their Subsidiaries to Subsidiary Guarantor to, amend or modifymodify their respective Organizational Documents, in each case in a manner that is materially adverse to the Lenders, such Person’s Organizational Documents Lenders (in their capacities as such) without obtaining the prior written consent of Required Lendersthe Administrative Agent.

Appears in 4 contracts

Samples: Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Concrete Pumping Holdings, Inc.)

Amendments or Waivers of Organizational Documents. The Ultimate Parent, Holdings, the Borrowers and the Subsidiary Guarantors shall not, nor shall they permit any of their the Subsidiaries to amend or modify, in each case in a manner that is materially adverse to the Lenders, such Person’s Organizational Documents without obtaining the prior written consent of Required Lenders.

Appears in 1 contract

Samples: Abl Credit Agreement (Party City Holdco Inc.)

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Amendments or Waivers of Organizational Documents. (a) The Borrowers and the Subsidiary Guarantors shall not, nor shall they permit any of their Subsidiaries to amend or modify, in each case in a manner that is materially adverse to the Lenders, such Person’s Organizational Documents without obtaining the prior written consent of Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Am-Source, LLC)

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