Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (b) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bank.
Appears in 4 contracts
Samples: Loan and Security Agreement (Birner Dental Management Services Inc), Loan and Security Agreement (CHS Inc), Loan and Security Agreement (US BioEnergy CORP)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not not: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterArticles of Incorporation, bylaws Bylaws, or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Social Reality)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not not: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterArticles of Incorporation, bylaws Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bankhave a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Wowio, Inc.), Credit Agreement (Jammin Java Corp.)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has oneorganizational identification number, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, or (bc) permit its charterArticles of Incorporation, bylaws Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (Redfin Network, Inc.), Senior Secured Revolving Credit Facility Agreement (Medytox Solutions, Inc.)
Business Activities; Change of Legal Status and Organizational Documents. The Each Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (bc) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amrep Corp)
Business Activities; Change of Legal Status and Organizational Documents. The No Borrower shall not shall: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterArticles of Incorporation, bylaws Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 2 contracts
Samples: Credit Agreement (Poet Technologies Inc.), Credit Agreement (Speedemissions Inc)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower Borrowers shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, or (b) permit its chartercharters, bylaws bylaws, partnership agreement or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 2 contracts
Samples: Credit Agreement (National Automation Services Inc), Credit Agreement (National Automation Services Inc)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not not: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterArticles of Incorporation, bylaws Bylaws, or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bankhave a Material Adverse Effect.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof Closing Date and businesses business reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has oneorganizational identification number, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, or (bc) permit its charterArticles of Incorporation, bylaws Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (ePunk, Inc.)
Business Activities; Change of Legal Status and Organizational Documents. The No Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (bc) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The No Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (b) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The Borrower Borrowers shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its nametheir names, its Organizational Identification NumberNumbers, if it has they have one, its their type of organization, its jurisdiction their jurisdictions of organization or other legal structurestructures, or (b) permit its chartertheir charters, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Inland American Real Estate Trust, Inc.)
Business Activities; Change of Legal Status and Organizational Documents. The No Borrower shall not shall: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterarticles of incorporation, bylaws bylaws, articles of organization or operating agreement, or other organizational documents to be amended or modified in any way which could reasonably be expected to materially and adversely affect the interests of the BankLender.
Appears in 1 contract
Samples: Credit Agreement (Blue Earth, Inc.)
Business Activities; Change of Legal Status and Organizational Documents. The No Borrower shall not shall: (ai) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, ; (bii) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, ; or (biii) permit its charterArticles of Incorporation, bylaws Bylaws, or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bankhave a Material Adverse Effect.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses business reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction jurisdictions of organization or other legal structure, or (b) permit its charterArticles of Incorporation, bylaws Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The Borrower None of the Borrowers shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (bc) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Bank.
Appears in 1 contract
Samples: Loan and Security Agreement (Smithway Motor Xpress Corp)
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (bc) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Business Activities; Change of Legal Status and Organizational Documents. The Borrower shall not (a) engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto, (b) change its name, its Organizational Identification Number, if it has one, its type of organization, its jurisdiction of organization or other legal structure, or (b) permit its charter, bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the BankLender.
Appears in 1 contract
Samples: Loan Agreement (Lime Energy Co.)