Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shall: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification number, its type of organization, its jurisdiction of organization or other legal structure; or (iii) permit its Certificate of Incorporation, Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect.
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Samples: Securities Purchase Agreement (Millennium Healthcare Inc.), Securities Purchase Agreement (Aqualiv Technologies, Inc.), Securities Purchase Agreement (American Natural Energy Corp)
Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shallThe Company shall not: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification numbernumber (if applicable), its type of organization, its jurisdiction of organization or other legal structure; or (iii) permit its Certificate of Incorporation, Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect.
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Samples: Consent and Agreement (Pervasip Corp), Securities Purchase Agreement (Myecheck, Inc.), Securities Purchase Agreement (Revolutions Medical CORP)
Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shall: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification number, its type of organization, its jurisdiction of organization or other legal structure; or (iiiii) permit its Certificate of Incorporation, Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect, unless any such changes are first approved in writing by Investor, which approval shall not be unreasonably withheld.
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Samples: Committed Equity Facility Agreement (MusclePharm Corp)
Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shallThe Company shall not: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification numbernumber (if applicable), its type of organization, its jurisdiction of organization or other legal structure; or (iii) permit its Certificate of IncorporationFormation, Bylaws Operating Agreement or other organizational documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect.
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Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shallThe Company shall not: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification numbernumber (if applicable), its type of organization, its jurisdiction of organization or other legal structure; or (iii) permit its Certificate of Incorporation, Bylaws or other organizational documents Organizational Documents to be amended or modified in any way which could reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Securities Purchase Agreement (Artec Global Media, Inc.)
Business Activities; Change of Legal Status and Organizational Documents. Neither the Company, nor any of its subsidiaries, shallThe Company shall not: (i) engage in any line of business other than the businesses engaged in as of the Effective Date and business reasonably related thereto; (ii) change its respective name, organizational identification numbernumber (if applicable), its type of organization, its jurisdiction of organization or other legal structure; or (iii) permit its Certificate of Incorporation, Bylaws or other organizational documents to be amended or modified in any way which could reasonably be expected materially adverse to have a Material Adverse Effectthe interests of the Buyers.
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