Common use of Notice of Corporate and other Changes Clause in Contracts

Notice of Corporate and other Changes. Borrowers shall provide prompt written notice of (1) all jurisdictions in which any Borrower becomes qualified after the Closing Date to transact business, (2) any change after the Closing Date in the authorized and issued Stock of any Borrower or any Subsidiary of any Borrower or any amendment to their articles or certificate of incorporation, by-laws, partnership agreement or other organizational documents, (3) any Subsidiary created or acquired by any Borrower or any of their Subsidiaries after the Closing Date, such notice, in each case, to identify the applicable jurisdictions, capital structures or Subsidiaries, as applicable, and (4) any other event that occurs after the Closing Date which would cause any of the representations and warranties in ARTICLE 3 of this Agreement or in any other Loan Document to be untrue or misleading in any material respect. The foregoing notice requirement shall not be construed to constitute consent by Lender to any transaction referred to above which is not expressly permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (MTM Technologies, Inc.), Credit Agreement (MTM Technologies, Inc.)

AutoNDA by SimpleDocs

Notice of Corporate and other Changes. Borrowers Borrower shall provide prompt written notice of (1) all jurisdictions in which any Borrower becomes qualified after the Initial Closing Date to transact business, (2) any change after the Initial Closing Date in the authorized and issued Stock of any Borrower or any Subsidiary of any Borrower or any amendment to their articles or certificate of incorporation, by-laws, partnership agreement or other organizational documents, (3) any Subsidiary created or acquired by any Borrower or any of their its Subsidiaries after the Initial Closing Date, such notice, in each case, to identify the applicable jurisdictions, capital structures or Subsidiaries, as applicable, and (4) any other event that occurs after the Initial Closing Date which would cause any of the representations and warranties in ARTICLE Article 3 of this Agreement or in any other Loan Document to be untrue or misleading in any material respect. The foregoing notice requirement shall not be construed to constitute consent by Lender to any transaction referred to above which is not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Vertical Communications, Inc.)

Notice of Corporate and other Changes. Borrowers Borrower Representative shall provide prompt written notice of (1i) all jurisdictions in which any Borrower a Credit Party becomes qualified after the Closing Date to transact business, (2ii) any change after the Closing Date in the authorized and issued Stock of any Borrower Credit Party or any Subsidiary of any Borrower Credit Party or any amendment to their articles or certificate of incorporation, by-laws, partnership agreement or other organizational documents, (3iii) any Subsidiary created or acquired by any Borrower Credit Party or any of their its Subsidiaries after the Closing Date, such notice, in each case, to identify the applicable jurisdictions, capital structures or Subsidiaries, as applicable, and (4iv) any other event that occurs after the Closing Date which would cause any of the representations and warranties in ARTICLE 3 Section 5 of this Agreement or in any other Loan Document to be untrue or misleading in any material respect. The foregoing notice requirement shall not be construed to constitute consent by Lender any of the Lenders to any transaction referred to above which is not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Osullivan Industries Inc)

Notice of Corporate and other Changes. Borrowers Borrower shall provide prompt written notice of (1) all jurisdictions in which any Borrower a Loan Party becomes qualified after the Closing Restatement Effective Date to transact business, (2) any material change after the Closing Restatement Effective Date in the authorized and issued Stock equity securities of any Borrower or any Subsidiary of any Borrower Loan Party or any amendment to their articles or certificate of incorporation, by-laws, partnership agreement or other organizational documents, (3) any Subsidiary created or acquired by any Borrower or any of their Subsidiaries Loan Party after the Closing Restatement Effective Date, such notice, in each case, to identify the applicable jurisdictions, capital structures or Subsidiaries, as applicable, and (4) any other event that occurs after the Closing Restatement Effective Date which would cause any of the representations and warranties in ARTICLE 3 Section 5 of this Agreement or in any other Loan Document to be untrue or misleading in any material respectrespect as of the date when made. The foregoing notice requirement shall not be construed to constitute Requisite Lenders' consent by Lender to any transaction referred to above which is not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Aki Holding Corp)

AutoNDA by SimpleDocs

Notice of Corporate and other Changes. The Borrowers shall provide prompt written notice of (1) all jurisdictions in which any Borrower becomes qualified after the Closing Date to transact business, (2) any change after the Closing Date in the authorized and issued Stock of any Borrower or any Subsidiary of any Borrower or any amendment to their articles or certificate of incorporation, by-laws, partnership agreement or other organizational documents, (3) any Subsidiary created or acquired by any Borrower or any of their Subsidiaries after the Closing Date, such notice, in each case, to identify the applicable jurisdictions, capital structures or Subsidiaries, as applicable, and (4) any other event that occurs after the Closing Date which would cause any of the representations and warranties in ARTICLE 3 Section 4 of this Agreement or in any other Loan Document to be untrue or misleading in any material respect. The foregoing notice requirement shall not be construed to constitute consent by Lender the L/C Guarantors to any transaction referred to above which is not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Letter of Credit Commitment and Reimbursement Agreement (MTM Technologies, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!