No Amendment of Organizational Documents. Prior to the Termination Date, without the prior written approval of the Stockholder, the Company shall not, and shall cause each of its subsidiaries not to, amend or modify any organizational documents of the Company or any of its subsidiaries in a way that materially, adversely and disproportionately affects the rights or privileges of the Stockholder or any of its Affiliates that owns Common Stock or other equity interests in the Company in their capacity as owners of Common Stock or other equity interests in the Company or any of its subsidiaries in relation to any other owner of equity interests of the Company or any of its subsidiaries.
No Amendment of Organizational Documents. No Company or its Affiliate will amend or modify its Articles of Organization, Certificate of Limited Partnership, Operating Agreement, Limited Partnership Agreement, Articles of Incorporation, By-Laws, Joint Venture Agreement or any similar document (collectively, the "Organizational Documents") in any manner without the prior written approval of the Lender, which approval will not come later than thirty (30) days after receipt of notice by the Lender of an intention to amend the Organizational Documents. Copies of any proposed amendments shall be delivered to the Lender contemporaneous with the notice delivered to the Lender referred to herein.
No Amendment of Organizational Documents. Borrower's partnership agreement, corporate charter, by-laws, joint venture agreement, operating agreement or any other organizational document, as applicable, shall not be modified in any manner with respect to the Fees to Related Parties or similar fee arrangements, nor shall Related Parties or Borrower enter into any management agreement with respect to the Premises without the prior written consent of Lender. Any new management agreement so entered into shall be subordinated to the Loan in a manner acceptable to Lender.
No Amendment of Organizational Documents. Each Credit Party covenants that it will not, and will not permit any of its Subsidiaries to, permit any amendment to or modification of the charter or by-laws of any of such respective corporations which would materially and adversely affect the interests of the Lender.
No Amendment of Organizational Documents. The Seller shall not amend the charter or by-laws of any Cedarapids Company, except as required by law.
No Amendment of Organizational Documents. The Company and Shareholders agree that the Company will not amend its Articles of Incorporation or By-Laws in any manner that would have a material adverse effect on Lydian’s rights under the Loan Documents without the prior written approval of Lydian in the sole discretion of Lydian.
No Amendment of Organizational Documents. The Obligors will not amend or modify any of their respective Organizational Documents without the prior written consent of the Required Holders.
