Common use of Modifications of Organizational Documents Clause in Contracts

Modifications of Organizational Documents. The Borrower shall not, and shall not permit any Loan Party or Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Documents which modification is adverse to the interests of the Administrative Agent, the L/C Issuer or the Lenders under the Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

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Modifications of Organizational Documents. The Borrower shall not, and shall not permit any Loan Party or Applicable Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Organizational Documents or Operating Documents or other applicable document which modification is adverse to the interests of the Administrative Agent, the L/C Letter of Credit Issuer or the Lenders under the Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc)

Modifications of Organizational Documents. The Except as required by Applicable Laws or the rules of any national securities exchange, the Borrower shall not, and shall not permit any Loan Party or other Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Organizational Documents which modification is or Operating Documents or other applicable document in a manner adverse to the interests of the Administrative Agent, the L/C Issuer or the Lenders under the Loan DocumentsSecured Parties.

Appears in 2 contracts

Samples: Credit Agreement (St Joe Co), Credit Agreement (St Joe Co)

Modifications of Organizational Documents. The Borrower Borrowers shall not, and shall not permit any Loan Party or other Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Organizational Documents which or Operating Documents or other applicable document if such amendment, supplement, restatement or other modification is adverse could reasonably be expected to the interests of the Administrative Agent, the L/C Issuer or the Lenders under the Loan Documentshave a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (Gladstone Commercial Corp)

Modifications of Organizational Documents. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Organizational Documents which or Operating Documents or other applicable document if such amendment, supplement, restatement or other modification is adverse could reasonably be expected to the interests of the Administrative Agent, the L/C Issuer or the Lenders under the Loan Documentshave a Material Adverse Effect.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.), Revolving Credit Agreement (Main Street Capital CORP)

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Modifications of Organizational Documents. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Organizational Documents which modification is or Operating Documents in a manner materially adverse to the interests of the Administrative Agent, the L/C Issuer Agent or the Lenders under the Loan Documentsany Lender.

Appears in 1 contract

Samples: Credit Agreement (Usa Truck Inc)

Modifications of Organizational Documents. The Borrower shall not, and shall not permit any Loan Party or Subsidiary thereof to, amend, supplement, restate or otherwise modify its Organization Documents or other applicable document which modification is adverse to the interests of the Administrative Agent, the L/C Letter of Credit Issuer or the Lenders under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

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