Change in Ownership or Control. The term “Change in Ownership or Control” has the meaning given to that term (without initial caps) in the Treasury Regulations published under Section 280G.
Change in Ownership or Control. In the event of a change in the ownership of Company, effective control of Company, or the ownership of a substantial portion of Company's assets, all unvested stock options shall immediately vest.
Change in Ownership or Control of the Borrower There is any change in the beneficial ownership or control of the Borrower from that advised to the Agent by the Borrower at the Signing Date.
Change in Ownership or Control. Any Borrower shall be owned or controlled directly or indirectly by any Person other than the shareholders that own or control such Borrower as of the date of this Agreement.
Change in Ownership or Control. (Mandatory Distribution) Notwithstanding the above elections, if a Change in Ownership or Control (within the meaning of Section 409A) occurs prior to the full distribution of the Deferred Amounts, all Deferred Amounts that have not been paid and transferred will be paid and transferred on the date of the Change in Ownership or Control. In the event Shares no longer exist at the time of payment and transfer, each of the deferred Performance Units shall be converted in a manner that is consistent with the manner in which Shares held by shareholders of the Company were treated with respect to the Change in Ownership or Control. 2.
Change in Ownership or Control. Any of the following occur without the written consent of the Required Lenders: (i) a Change in Control occurs for either the Parent or the Borrower; (ii) the Parent owns less than 99% of the legal or beneficial interest in the Borrower directly; provided that such percentage may be reduced to 85% to the extent limited partnership interest in the Borrower are exchanged for assets which are then pledged to secure the Obligations pursuant to the Security Documents; or (iii) the Parent is no longer the general partner of the Borrower; or
Change in Ownership or Control. Borrower shall not permit any change in the ownership or control of Borrower, or permit the sale, transfer or conveyance of more than fifty percent (50%) of the shares or other equity interests in Borrower without promptly providing Bank notice of such a change.
Change in Ownership or Control. If a party to this Agreement (a “Removed Party”):
Change in Ownership or Control. If there is any change in the ownership, ownership structure, control of, or right to control an entity delegated responsibility for the operation of the Intertie on behalf of the IMC, or any such change regarding an entity delegated any other responsibility related to the operation or maintenance of any portion of the Intertie facilities, then the IMC may designate another Participant, or such other entity as it deems appropriate, to assume those responsibilities. The IMC’s designation shall be accomplished in the same manner as set forth in Section 10.1.1, Responsible Participants.
Change in Ownership or Control. The majority ownership or voting control of any Loan Party are directly or indirectly sold, assigned, transferred, encumbered or otherwise conveyed (other than a conveyance to another Loan Party) without the prior written consent of the Lender, which consent shall not be unreasonably withheld;
