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

Fiscal Year; Organizational Documents; Material Contracts. The Borrower will not, nor will it permit any of its Subsidiaries to (a) change its fiscal year, (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or by-laws (or other similar document) in any material respect or in any respect adverse to the interests of the Lenders without the prior written consent of the Required Lenders or (c) amend, modify, cancel, terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any Material Contract without the prior written consent of the Required Lenders, except in the event that such amendments, modifications, cancellations or terminations could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Intermagnetics General Corp), Credit Agreement (Intermagnetics General Corp), Credit Agreement (Intermagnetics General Corp)

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Fiscal Year; Organizational Documents; Material Contracts. The Borrower will not, nor will it permit any of its Subsidiaries to (a) direct or indirect Subsidiary to, change its fiscal year, (b) . None of the Credit Parties nor any of their Subsidiaries will amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or by-laws bylaws (or other similar document) in any material respect or operating agreement in any respect adverse to the interests of the Lenders without the prior written consent of the Required Lenders or (c) Lenders. None of the Credit Parties nor any of their Subsidiaries will, without the prior written consent of the Administrative Agent, amend, modify, cancel, cancel or terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any Material Contract without the prior written consent of the Required LendersMaterial Contracts, except in to the event extent 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 (Right Management Consultants Inc)

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Fiscal Year; Organizational Documents; Material Contracts. The Borrower will not, nor will it permit any of its Subsidiaries to (a) change its fiscal year, (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational or formation document) or by-laws bylaws (or other similar document) in any material respect or in any respect adverse to the interests of the Lenders without the prior written consent of the Required Lenders or (c) during any No Collateral Period, amend, modify, cancel, terminate or fail to renew or extend or permit the amendment, modification, cancellation or termination of any Material Contract without the prior written consent of the Required Lenders, 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 (Louisiana-Pacific Corp)

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