Common use of Fiscal Year; Organizational Documents; Material Contracts Clause in Contracts

Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties will not, nor will they permit any of their Subsidiaries to, change their fiscal year. The Credit Parties will not, nor will they permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or articles of incorporation, as applicable (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties will not, nor will they permit any of their Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Sleepmaster LLC), Credit Agreement (Lower Road Associates LLC)

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Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, change their its fiscal yearyear or to change any fiscal quarter end as set forth on SCHEDULE 6.9(e). The Credit Parties Borrower will not, nor will they it permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or its articles of incorporation, as applicable incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc)

Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties Company will not, nor will they it permit any of their its Subsidiaries to, change their its fiscal yearyear except in the event that any such change could not reasonably be expected to have a Material Adverse Effect. The Credit Parties Company will not, nor will they it permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or its articles of incorporation, as applicable incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties Company will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Racing Champions Corp)

Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, change their its fiscal year. The Credit Parties Borrower will not, nor will they it permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or its articles of incorporation, as applicable incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Integrated Defense Technologies Inc)

Fiscal Year; Organizational Documents; Material Contracts. Neither the Company nor any of its Subsidiaries shall change its Fiscal Year-end from December 31. The Credit Parties Company will not, nor will they permit any of their Subsidiaries to, change their fiscal year. The Credit Parties will not, nor will they it permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or its articles of incorporation, as applicable incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in a manner adverse in any way that could reasonably be expected material respect to have an adverse effect on the rights and interests of the Lenders under the Credit Documents without the prior written consent of the Required Requisite Lenders or the Administrative Agent on behalf of the Requisite Lenders. The Credit Parties Company will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could would not reasonably be expected to have a Material Adverse EffectEffect at the time such amendments, modifications, cancellations or terminations are made.

Appears in 1 contract

Samples: Credit Agreement (Transportation Technologies Industries Inc)

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Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, change their its fiscal year. The Credit Parties Borrower will not, nor will they it permit any Subsidiary to, amend, modify or change their its limited liability company operating agreement or articles of incorporation, as applicable (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected a manner materially adverse to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Bassett Furniture Industries Inc)

Fiscal Year; Organizational Documents; Material Contracts. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, change their its fiscal yearyear or to change any fiscal quarter end as set forth on Schedule 6.9. The Credit Parties Borrower will not, nor will they it permit any Subsidiary to, amend, modify or change their limited liability company operating agreement or its articles of incorporation, as applicable incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in any way that could reasonably be expected to have an adverse effect on the Lenders without the prior written consent of the Required Lenders. The Credit Parties Borrower will not, nor will they it permit any of their its Subsidiaries to, without the prior written consent of the Administrative Agent, amend, modify, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

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