Common use of Amendments to Organization Documents Clause in Contracts

Amendments to Organization Documents. With respect to the Borrower and each Guarantor, amend, modify or change its Organization Documents in any material respect if such amendment, modification or change would have a Material Adverse Effect on the interests of the Lenders or the Administrative Agent, taken as a whole.

Appears in 2 contracts

Samples: Pledge Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)

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Amendments to Organization Documents. With respect to the Borrower and each Guarantor, amend, modify or change its Organization Documents in any material respect if such amendment, modification or change would have a Material Adverse Effect is, in the reasonable opinion of the Administrative Agent and the Board of Directors of the Borrower, less favorable in any material respect to the Administrative Agent and the Lenders than the terms thereof on the interests of the Lenders or the Administrative Agent, taken as a wholeClosing Date.

Appears in 1 contract

Samples: Credit Agreement (Power One Inc)

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Amendments to Organization Documents. With respect to the each Borrower and each Guarantor, amend, modify or change its Organization Documents in any material respect if such amendment, modification or change would have a Material Adverse Effect is, in the reasonable opinion of the Administrative Agent and the Board of Directors of such Borrower, less favorable in any material respect to the Administrative Agent and the Lenders than the terms thereof on the interests of the Lenders or the Administrative Agent, taken as a wholeClosing Date.

Appears in 1 contract

Samples: Credit Agreement (Power One Inc)

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