Common use of Buyer Organization Clause in Contracts

Buyer Organization. From the date of this Agreement until the Closing Date, Buyer shall not, without the written consent of Seller or as required by Law: (a) amend or authorize amendment of its Organizational Documents; or (b) rescind or modify, or authorize rescission or modification of, any resolution adopted by its board of directors or stockholder with respect to the transactions contemplated in this Agreement.

Appears in 5 contracts

Samples: Purchase Agreement (LGI Homes, Inc.), Purchase Agreement (LGI Homes, Inc.), Purchase Agreement (LGI Homes, Inc.)

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