Common use of Changes in Organizational Documents Clause in Contracts

Changes in Organizational Documents. Borrower shall not amend or modify, or permit the amendment or modification of, in any material respect, any provision of the Organizational Documents of Borrower, without providing prior written notice to Lender and obtaining the prior written consent of Lender.

Appears in 2 contracts

Samples: Construction Loan Agreement (Forestar Group Inc.), Term Loan Agreement

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Changes in Organizational Documents. Borrower shall not amend or modify, or permit the any material, nonadministrative amendment or modification of, in any material respect, Borrower Documents to the extent the same would result in a Material Adverse Change; provided, however, Borrower shall provide to Bank copies of any provision of the Organizational Documents of Borrower, without providing prior written notice and all amendments or modifications to Lender and obtaining the prior written consent of LenderBorrower Documents.

Appears in 1 contract

Samples: Loan Agreement (DVL Inc /De/)

Changes in Organizational Documents. The Borrower shall not amend or modify, or permit the amendment or modification of, in any material respect, any provision of the Organizational Documents of BorrowerBorrower Documents, without providing prior written notice to Lender the Bank and obtaining the prior written consent of Lenderthe Bank.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels Corp)

Changes in Organizational Documents. Borrower shall not amend or modify, or permit the any material, non-administrative amendment or modification of, ; in any material respect, any provision of the Organizational Borrower Documents to the extent the same would result in a Material Adverse Change. In addition, Borrower shall provide to Bank copies of Borrower, without providing prior written notice any and all amendments or modifications to Lender and obtaining the prior written consent of LenderBorrower Documents.

Appears in 1 contract

Samples: Loan Agreement (DVL Inc /De/)

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Changes in Organizational Documents. The Borrower shall not amend or modify, or permit the amendment or modification ofof Borrower’s Operating Agreement, in any material respect, respect which would have a materially adverse effect on the ability of Borrower to perform its obligations hereunder. The Borrower shall not violate or breach any provision term or condition of the Borrower’s Organizational Documents of Borrower, without providing prior written notice to Lender and obtaining the prior written consent of LenderDocuments.

Appears in 1 contract

Samples: Term Loan Agreement (Wells Core Office Income Reit Inc)

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