Common use of No Organic Change Clause in Contracts

No Organic Change. The REIT Parties shall not (i) amend their Articles of Incorporation or bylaws other than the amendment to the REIT's Articles of Incorporation set forth in the REIT's proxy statement relating to the REIT's annual meeting of stockholders to be held on August 20, 1997; (ii) make any change in their capital stock by reclassification, subdivision, reorganization or otherwise; or (iii) change the character of their business.

Appears in 2 contracts

Samples: Exchange and Contribution Agreement (Asr Investments Corp), Exchange and Contribution Agreement (Asr Investments Corp)

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No Organic Change. The REIT Parties shall not (i) amend their Articles of Incorporation or bylaws other than the amendment to the REIT's Articles of Incorporation bylaws, except for those amendments set forth in the REIT's proxy statement relating to the REIT's annual meeting of stockholders to be held on August 20, 1997REIT Proxy Statement; (ii) make any change in their capital stock by reclassification, subdivision, reorganization or otherwise; or (iii) change the character of their business.

Appears in 1 contract

Samples: Master Combination and Contribution Agreement (Asr Investments Corp)

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No Organic Change. The REIT Parties shall not (i) amend their Articles of Incorporation or bylaws other than the amendment to the REIT's Articles of Incorporation set forth in the REIT's proxy statement relating to the REIT's annual meeting of stockholders 21 to be held on August 20, 1997; (ii) make any change in their capital stock by reclassification, subdivision, reorganization or otherwise; or (iii) change the character of their business.

Appears in 1 contract

Samples: Exchange and Contribution Agreement (Asr Investments Corp)

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