Amendments to Organizational Documents; Changes in Fiscal Year End. (a) The Borrower shall not, and shall not permit any other Loan Party to, amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) its Organizational Documents in any manner that would be adverse to the Lenders in any material respect. (b) The Borrower shall not, and shall not permit any other Loan Party to, change the last day of its fiscal year from December 31 of each year, or the last days of the first three fiscal quarters in each of its fiscal years from March 31, June 30 and September 30 of each year, respectively
Appears in 4 contracts
Samples: Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (Memorial Resource Development Corp.)
Amendments to Organizational Documents; Changes in Fiscal Year End. (a) The Borrower shall not, and shall not permit any other Loan Party to, amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) its Organizational Documents in any manner that would be adverse to the Lenders in any material respect.
(b) The Borrower shall not, and shall not permit any other Loan Party to, change the last day of its fiscal year from December 31 of each year, or the last days of the first three fiscal quarters in each of its fiscal years from March 31, June 30 and September 30 of each year, respectively.
Appears in 2 contracts
Samples: Credit Agreement (Memorial Production Partners LP), Credit Agreement (Memorial Production Partners LP)
Amendments to Organizational Documents; Changes in Fiscal Year End. (a) The Borrower shall not, and shall not permit any other Loan Party Subsidiary to, amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) its Organizational Documents in any manner that would be adverse to the Lenders in any material respect.
(b) The Borrower shall not, and shall not permit any other Loan Party Subsidiary to, change the last day of its fiscal year from December 31 of each year, or the last days of the first three fiscal quarters in each of its fiscal years from March 31, June 30 and September 30 of each year, respectively
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Vista Proppants & Logistics Inc.), Senior Secured Credit Agreement (Vista Proppants & Logistics Inc.)
Amendments to Organizational Documents; Changes in Fiscal Year End. (a) The Borrower shall not, and shall not permit any other Loan Party to, amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) its Organizational Documents or the MEMP Partnership Agreement (including Section 7.12 thereof) in any manner that would be adverse to the Lenders in any material respect.
(b) The Borrower shall not, and shall not permit any other Loan Party to, change the last day of its fiscal year from December 31 of each year, or the last days of the first three fiscal quarters in each of its fiscal years from March 31, June 30 and September 30 of each year, respectively.
Appears in 1 contract
Samples: Credit Agreement (Memorial Resource Development LLC)
