CHANGE IN OWNERSHIP / MANAGEMENT. The PEI shall inform the Student in the event of any :
CHANGE IN OWNERSHIP / MANAGEMENT. The PEI shall inform the Student in the event of any : (a) Change in ownership or shareholding structure of the PEI, and/or (b) Change in the management of the PEI. The PEI shall inform the Student of such changes as soon as practicable, and in any event no later than fourteen (14) days after the change has been effected.
CHANGE IN OWNERSHIP / MANAGEMENT any Borrower fails to perform, comply with or observe the covenants and undertakings contained in Section 7.08 hereof;
CHANGE IN OWNERSHIP / MANAGEMENT. There is any material change in the ownership or management of the Borrower(s) which in the sole opinion of FICCL would prejudicially affect the interest of FICCL;
CHANGE IN OWNERSHIP / MANAGEMENT. (a) No Borrower (other than Clarient) shall permit Clarient to at any time own, legally or beneficially, less than one hundred percent (100%) of the aggregate voting interest of all classes of Capital Stock of such Borrower entitled to vote generally.
CHANGE IN OWNERSHIP / MANAGEMENT. (i) Fail at any time to have the Xxxxx Group and the Serruya Group own, in the aggregate, shares of stock enabling the owners thereof to cast at least forty (40%) percent of the votes for the election of directors of Coolbrands.
CHANGE IN OWNERSHIP / MANAGEMENT. 30. The Landlord will advise the Tenant of any change in ownership and/or management of the Premises within seven days of that change.
CHANGE IN OWNERSHIP / MANAGEMENT. No Borrower shall permit a Change of Control. In addition, unless consented to by Lender, or if a replacement acceptable to Lender is employed within 90 days of any terminations, Xxxxxxxx Xxxxx and Xxxxx X. XxXxxxx shall continue as senior management of Borrowers actively involved in the date to day management of such Borrowers as Chief Executive Officer of Orion and President of Orion, respectively.
CHANGE IN OWNERSHIP / MANAGEMENT. No Borrower, unless consented to in writing by Lender, shall permit any current or future Shareholder together with any Affiliate of such Shareholder, to own an aggregate amount greater than 15% of all of the outstanding capital stock or other equity interests of such Borrower. In addition, unless consented to by Lender, or if a replacement acceptable to Lender is employed within 90 days of any terminations (such consent not to be unreasonably withheld) current senior management shall continue as senior management of Borrowers actively involved in the date to day management of such Borrowers.
CHANGE IN OWNERSHIP / MANAGEMENT. At any time there is any change in the ownership of a controlling or significant interest (more than 30%) of the issued and outstanding voting stock of Borrower or any material and adverse change (as reasonably determined by Lender) in the management of Borrower;
