Constituent Documents; S Corporation Status Sample Clauses

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower will not become an S Corporation.
AutoNDA by SimpleDocs
Constituent Documents; S Corporation Status. Company will not amend its Constituent Documents in any manner adverse to Xxxxx Fargo. Company will not become an S Corporation.
Constituent Documents; S Corporation Status. Company shall not, and shall not permit any Subsidiary to, amend its Constituent Documents. Company shall not, and shall not permit any Subsidiary to, become an S Corporation.
Constituent Documents; S Corporation Status. Companies will not amend their Constituent Documents. Companies will not become subchapter S corporations.
Constituent Documents; S Corporation Status. The Borrower will not change its name. The Borrower will not amend its Constituent Documents in any manner that would result in material adverse change in the Lender’s ability to collect the Obligations, exercise rights in the Collateral, or enforce its rights under the Loan Documents. The Borrower will not become an S Corporation.
Constituent Documents; S Corporation Status. Company shall not amend its Constituent Documents without the prior written consent of Xxxxx Fargo.
Constituent Documents; S Corporation Status. No Loan ---------------------------------------------- Party will become an S Corporation. None of RCPC, RAI or Ronson Canada will amend its Constituent Documents except to comply with applicable law and shall promptly provide Lender with copies of any required amendments after execution of same.
AutoNDA by SimpleDocs
Constituent Documents; S Corporation Status. The ---------------------------------------------- Borrower will not materially amend its Constituent Documents without the Lender's prior written consent. The Borrower will not become an
Constituent Documents; S Corporation Status. No Company will amend its Constituent Documents. No Company will become an S Corporation.
Constituent Documents; S Corporation Status. Company will not amend its Constituent Documents, other than amendments to Company's bylaws which do not adversely affect Wxxxx Fargo, the Collateral or its value, the enforceability, perfection or priority of Wxxxx Fargo's Security Interest or Wxxxx Fargo's rights under the Loan Documents or any other document or agreement described in or related to this Agreement, in each case as determined by Wxxxx Fargo in its Permitted Discretion; provided that Company shall deliver to Wxxxx Fargo any amendment to its bylaws that does not require Wxxxx Fargo's prior consent hereunder within ten (10) Business Days of the adoption thereof. Company will not become an S Corporation.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!