Common use of NO AMENDMENTS TO ORGANIC DOCUMENTS Clause in Contracts

NO AMENDMENTS TO ORGANIC DOCUMENTS. Without the prior written consent of Holders representing a majority of Warrant Shares and Warrants (which consent may not be unreasonably withheld), Company shall not permit any amendments to or reincorporation of its Organic Documents that could reasonably be expected to have or cause an adverse effect on the rights and interest of Holders. Without limiting the generality of the foregoing, without the prior written consent of Holders representing a majority of Warrant Shares and Warrants (which consent may not be unreasonably withheld), Company shall not establish any class of Capital Stock or issue any shares of Capital Stock that have rights, dividends or preferences senior to or more advantageous than the rights, dividends and preferences of the Warrant Shares.

Appears in 5 contracts

Samples: Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com), Warrant Agreement (Bizness Online Com)

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