Common use of Constituent Documents; S Corporation Status Clause in Contracts

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower will not become an S Corporation.

Appears in 19 contracts

Samples: Credit and Security Agreement (Pure Earth, Inc.), Credit and Security Agreement (uBid.com Holdings, Inc.), Credit and Security Agreement (Gardenburger Inc)

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Constituent Documents; S Corporation Status. The No Borrower will not amend its Constituent Documents. The No Borrower will not become an S Corporation.

Appears in 4 contracts

Samples: Credit and Security Agreement (Smtek International Inc), Credit and Security Agreement (Ramtron International Corp), Credit and Security Agreement (Leather Factory Inc)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower will not become an S Corporation.

Appears in 4 contracts

Samples: Credit and Security Agreement (Hei Inc), Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)

Constituent Documents; S Corporation Status. The Borrower Company will not amend its Constituent Documents. The Borrower Company will not become an S Corporation.

Appears in 3 contracts

Samples: Credit and Security Agreement (Nortech Systems Inc), Credit and Security Agreement (Hemacare Corp /Ca/), Credit and Security Agreement (Southwall Technologies Inc /De/)

Constituent Documents; S Corporation Status. The Borrower Borrowers will not amend its their Constituent Documents. The No Borrower will not become an S Corporation.

Appears in 2 contracts

Samples: Credit and Security Agreement (Misonix Inc), Credit and Security Agreement (Misonix Inc)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower PVP will not become an S Corporation.

Appears in 2 contracts

Samples: Credit and Security Agreement (Professional Veterinary Products LTD /Ne/), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

Constituent Documents; S Corporation Status. The No Borrower will not amend its Constituent DocumentsDocuments or any documents relating to the Subordinated Debt. The No Borrower will not become an S Corporation.

Appears in 2 contracts

Samples: Credit and Security Agreement (Global Employment Holdings, Inc.), Credit and Security Agreement (Global Employment Holdings, Inc.)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower will not Documents in a manner adverse to the interests of Lender or become an S Corporation.

Appears in 2 contracts

Samples: Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Christopher & Banks Corp)

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Constituent Documents; S Corporation Status. The Borrower Borrowers will not amend its their Constituent Documents. The Borrower Borrowers will not become an S CorporationCorporations.

Appears in 1 contract

Samples: Credit and Security Agreement (Pacific Cma Inc)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent Documents. The Borrower will not become an S Corporationcorporation.

Appears in 1 contract

Samples: Credit and Security Agreement (Waters Instruments Inc)

Constituent Documents; S Corporation Status. The Borrower will not, and will not permit any Subsidiary to, amend its Constituent Documents. The Borrower will not become an S Corporation.

Appears in 1 contract

Samples: Credit and Security Agreement (Delphax Technologies Inc)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent DocumentsDocuments without the consent of Lender, which consent will not be unreasonably withheld. The Borrower will not become an S Corporation.

Appears in 1 contract

Samples: Credit and Security Agreement (Provena Foods Inc)

Constituent Documents; S Corporation Status. The Borrower will not amend its Constituent DocumentsDocuments in any way that would be likely to have a Material Adverse Effect. The Borrower will not become an S Corporation.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

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