Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10.
Appears in 6 contracts
Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)
Amendments to Organizational Documents. The Borrower will not, nor and will it not cause or permit any of its Restricted Subsidiaries to, enter into any amendment of any term or permit any modification or amendment ofprovision, or waive accept any consent or waiver with respect to any such provision, of its articles of incorporation, by-laws, or its organizational documents, as applicable, in any manner that is material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially and adverse to the Administrative Agent or any Lender or violate Section 7.10Lenders.
Appears in 3 contracts
Samples: Credit Agreement (Ascent Entertainment Group Inc), Credit Agreement (Ascent Entertainment Group Inc), Credit Agreement (Ascent Entertainment Group Inc)
Amendments to Organizational Documents. The Borrower will not, nor and will it not cause or permit any of its Restricted Subsidiaries to, enter into any amendment of any term or permit any modification or amendment ofprovision, or waive accept any consent or waiver with respect to any such provision, of its articles of incorporation, by-laws, or its organizational documents, as applicable, in any manner that is material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially and adverse to the Administrative Agent or any Lender or violate Section 7.10Lenders.
Appears in 3 contracts
Samples: Credit Agreement (On Command Corp), Credit Agreement (On Command Corp), Credit Agreement (Ascent Entertainment Group Inc)
Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries nor any Sponsored Partnership to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.107.08.
Appears in 3 contracts
Samples: Credit Agreement (PDC Energy, Inc.), Credit Agreement (Petroleum Development Corp), Counterpart Agreement (Petroleum Development Corp)
Amendments to Organizational Documents. The Borrower will not, nor not and will it not permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its its, Organizational Documents if the effect thereof would be materially Documents, except for such modifications and waivers that are not adverse to the Administrative Agent or any interests of the Lender or violate Section 7.10Parties.
Appears in 3 contracts
Samples: Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD), Credit Agreement (Sundance Energy Australia LTD)
Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any material modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if other than amendments, modifications or waivers required in connection with any transactions among the effect thereof would be materially adverse to Borrower and the Administrative Agent or Restricted Subsidiaries permitted under Section 7.03(a) and not involving any Lender or violate Section 7.10other Person.
Appears in 2 contracts
Samples: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)
Amendments to Organizational Documents. The Borrower will not, nor and will it not cause or permit any of its the Restricted Subsidiaries to, enter into any amendment of any term or permit any modification or amendment ofprovision, or waive accept any consent or waiver with respect to any such provision, of its articles of incorporation, by-laws, or other organizational documents, as applicable, in any manner that is material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially and adverse to the Administrative Agent Issuing Bank or any Lender or violate Section 7.10the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (On Command Corp), Credit Agreement (On Command Corp)
Amendments to Organizational Documents. The Borrower will not, nor will it shall not and shall not permit any of its Restricted Subsidiaries to, to enter into or permit any modification or amendment of, or 50 waive any material right or obligation of any Person under its Organizational Documents if certificate or articles of incorporation, bylaws, partnership agreement, regulations or other organizational documents other than amendments, modifications and waivers which are not, individually or in the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10aggregate, material.
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Amendments to Organizational Documents. The Borrower will shall not, nor will shall it permit any of its Restricted Subsidiaries toto amend, enter into modify, waive or supplement (or permit any modification modification, amendment, waiver or amendment supplement of, ) any of the terms or waive any material right or obligation provisions of any Person under its Organizational Documents if the effect thereof would be in any manner that is materially adverse to the Administrative Agent or any Lender or violate Section 7.10.interests of the Lenders;
Appears in 1 contract
Samples: Credit Agreement (BKV Corp)
Amendments to Organizational Documents. The Borrower will shall not, nor will shall it permit any of its Restricted Subsidiaries toto amend, enter into modify, waive or supplement (or permit any modification modification, amendment, waiver or amendment supplement of, ) any of the terms or waive any material right or obligation provisions of any Person under its Organizational Documents if the effect thereof would be in any manner that is materially adverse to the Administrative Agent or any Lender or violate Section 7.10interests of the Lenders.
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Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries toMaterial Subsidiary to amend, enter into supplement or otherwise modify (pursuant to a waiver or otherwise), or permit any amendments, supplements or other modifications, to the Borrower’s or any Material Subsidiary’s Organizational Documents, except to the extent such amendment, supplement or modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would not reasonably be expected to be materially adverse to the Administrative Agent or any Lender or violate Lenders taken as a whole. Section 7.10.
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Amendments to Organizational Documents. The Borrower will not, nor not and will it not permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment adverse to Lenders of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10Documents.
Appears in 1 contract
Amendments to Organizational Documents. The Borrower will not, nor not and will it not permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its its, Organizational Documents if the effect thereof would be materially in a manner adverse to the Administrative Agent or any Lender or violate Section 7.10Lenders.
Appears in 1 contract
Amendments to Organizational Documents. The Borrower will not, nor will it shall not and shall not permit any of its Restricted Subsidiaries to, to enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if certificate or articles of incorporation, bylaws, partnership agreement, regulations or other organizational documents other than amendments, modifications and waivers which are not, individually or in the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10aggregate, material.
Appears in 1 contract
Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any material modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10Documents.
Appears in 1 contract
Samples: Senior Term Loan Agreement (McMoran Exploration Co /De/)
Amendments to Organizational Documents. The Borrower will not, nor and will it not permit any of its Restricted Subsidiaries to, enter into amend or permit any modify its organizational documents if such amendment or modification could, individually or amendment ofin the aggregate, reasonably be expected to have a Material Adverse Effect or waive any could have a material right or obligation of any Person under its Organizational Documents if the adverse effect thereof would be materially adverse to on the Administrative Agent Agent, any Letter of Credit Issuer or any Lender or violate Section 7.10Lender.
Appears in 1 contract
Samples: Credit Agreement (Talos Energy Inc.)
Amendments to Organizational Documents. The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any material modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10Documents.
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Amendments to Organizational Documents. The Borrower and Guarantors will not, nor will it Borrower permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under under, its Organizational Documents if certificate or articles of incorporation, bylaws, regulations or other organizational documents other than amendments, modifications and waivers which will not, individually or in the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10aggregate, have a Material Adverse Effect.
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Amendments to Organizational Documents. The Borrower will not, nor not and will it not permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its, Organizational Documents in a manner adverse to the Lenders; provided that Borrower may amend, amend and restate or otherwise modify its Organizational Documents if in connection with an IPO Reorganization Transaction so long as the effect thereof would be materially same is not adverse to the Administrative Agent or any Lender or violate Section 7.10.Lenders. 97
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Amendments to Organizational Documents. The Borrower will not, nor and will it not cause or permit any of its Restricted Subsidiaries to, enter into any amendment of any term or permit any modification or amendment ofprovision, or waive accept any consent or waiver with respect to any such provision, of its articles or certificate of incorporation, by-laws, or its organizational documents, as applicable, in any manner that is material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially and adverse to the Administrative Agent or any Lender or violate Section 7.10Lenders.
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