Common use of Change in Controlling Interest Clause in Contracts

Change in Controlling Interest. Without the prior written consent of the County (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring County’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAH.

Appears in 1 contract

Samples: Loan Agreement

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Change in Controlling Interest. Without the prior written consent of the County Board (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring CountyCounty Board’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAHMBS.

Appears in 1 contract

Samples: Loan Agreement

Change in Controlling Interest. Without the prior written consent of the County Board (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring CountyCounty Board’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of this Agreement or the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAH.

Appears in 1 contract

Samples: Loan Agreement

Change in Controlling Interest. Without the prior written consent of the County (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring County’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAH.

Appears in 1 contract

Samples: Loan Agreement

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Change in Controlling Interest. Without the prior written consent of the County Board (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring CountyCounty Board’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAH.

Appears in 1 contract

Samples: Loan Agreement

Change in Controlling Interest. Without the prior written consent of the County (which consent may be conditioned, among other matters, on the issuance of a satisfactory endorsement to the title insurance policy insuring County’s interest under the Amended and Restated County Deed of Trust) or as expressly permitted under the terms of the Amended and Restated County Deed of Trust, the controlling interest in Borrower ceases to be owned, directly or indirectly, by APAHMBS.

Appears in 1 contract

Samples: Loan Agreement

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