Organization Documents; Fiscal Year. No Credit Party shall (a) amend, modify or change, in any material respect, its organization documents other than minor, technical amendments not adverse to the lenders or (b) change its fiscal year; provided however, the REIT Guarantor, the LP Guarantor or any other direct or indirect owner of the Parent Borrower (other than a Borrower) may amend, modify or change its organization documents in connection with, and in furtherance of, such entity becoming a publicly traded entity so long as such amendment, modification or change would not materially affect (i) the Administrative Agent’s and the Lenders’ rights and remedies hereunder, or (ii) the value of the Collateral.
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Samples: Credit Agreement (Aviv Reit, Inc.), Credit Agreement (Aviv Reit, Inc.), Credit Agreement (Bellingham II Associates, L.L.C.)
Organization Documents; Fiscal Year. No Credit Party shall (a) amend, modify or change, in any material respect, its organization documents other than minor, technical amendments not adverse to the lenders Lenders or (b) change its fiscal year; provided however, the REIT Guarantor, the LP Guarantor or any other direct or indirect owner of the Parent Borrower (other than a Borrower) may amend, modify or change its organization documents in connection with, and in furtherance of, such entity becoming a publicly traded entity so long as such amendment, modification or change would not materially affect (i) the Administrative Agent’s and the Lenders’ rights and remedies hereunder, or (ii) the value of the Collateral.
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