Changes in Organizational Documents; Name Sample Clauses
Changes in Organizational Documents; Name. Borrower and its general partners, managing members, limited partners or principals, as applicable, shall not (except for any Permitted Transfer) amend in any respect their respective certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, certificate of limited partnership, or limited partnership agreement (as applicable) or other formation agreement or other organizational documents without first sending notice to Lender and obtaining the prior written consent of Lender, which shall be granted or denied within thirty (30) Business Days of Lender’s receipt of the proposed amendment, a brief explanation of its purpose and effect, and such other documents as Lender may reasonably request; provided, however, Borrower and such parties described herein shall have the right to make such amendments without Lender’s consent so long as such amendments (i) do not materially change the terms of such referenced documents, (ii) do not result in an Event of Default or Material Adverse Change, and (iii) after giving effect to such amendment, Borrower shall be in compliance with all the provisions herein. Borrower shall not amend, revise or otherwise change its name in any respect, without the prior written consent of Lender.
Changes in Organizational Documents; Name. Borrower and its general partners, managing members, or principals shall not amend in any respect their respective certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, certificate of limited partnership, or limited partnership agreement (as applicable) or other formation agreement or other organizational documents without first sending notice to Lender and obtaining the prior written consent of Lender, which shall be granted or denied within thirty (30) Business Days of Lender's receipt of the proposed amendment, a brief explanation of its purpose and effect, and such other documents as Lender may reasonably request. Borrower shall not amend, revise or otherwise change its name in any respect, without the prior written consent of Lender.
Changes in Organizational Documents; Name. Borrower and its general partners, managing members, or principals shall not amend in any respect their respective certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, certificate of limited partnership, or limited partnership agreement (as applicable) or other formation agreement or other organizational documents without first sending Notice to Lender and obtaining the prior written consent of Lender, which shall be granted or denied in Lender's reasonable discretion within thirty (30) Business Days of Lender's receipt of the proposed amendment, a brief explanation of its purpose and effect, and such other documents as Lender may reasonably request. Borrower shall not amend, revise or otherwise change its name in any respect, without the prior written consent of Lender, which consent shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, this Section 7.1.17 shall not apply to (i) Essex Property Trust, Inc. for so long as it remains a publicly traded entity or to (ii) Essex Portfolio, L.P. unless such change or amendment would result in a Material Adverse Change.
Changes in Organizational Documents; Name. Except as otherwise permitted by the Security Instrument, Borrower and its general partners, managing members, or principals shall not amend in any respect their respective certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, certificate of formation, limited liability company agreement, certificate of limited partnership, or limited partnership agreement (as applicable) or other formation agreement or other organizational documents without first sending Notice to Lender (provided, that to the extent such amendment would not likely result in a Material Adverse Change, the failure to provide such Notice shall not result in an Event of Default hereunder unless Borrower receives Notice of such failure and fails to cure the same within five (5) Business Days of such Notice) and, if such amendment will likely result in a Material Adverse Change, without obtaining the prior written consent of Lender, which shall be granted or denied within thirty (30) Business Days of Lender’s receipt of the proposed amendment, a brief explanation of its purpose and effect, and such other documents as Lender may reasonably request. Borrower shall not amend, revise or otherwise change its name in any respect without the prior written consent of Lender unless such name change is as a result of a transfer permitted under the Security Instrument or otherwise permitted by the terms of the Security Instrument, in which case Borrower shall provide Lender with notice of such name change as soon as practicable (but in no event later than five (5) Business Days) following such name change.
Changes in Organizational Documents; Name. Borrower shall not amend in any respect its certificate of incorporation (including any provisions or resolutions relating to capital stock), by-laws, or other formation agreement or other organizational documents without first sending notice to Agent and obtaining the prior written consent of Agent, which shall be granted or denied within thirty (30) Business Days of Agent's receipt of the proposed amendment, a brief explanation of its purpose and effect, and such other documents as Agent may reasonably request. Borrower shall not amend, revise or otherwise change its name in any respect, without the prior written consent of Agent.