Common use of Change in Ownership Clause in Contracts

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 165 contracts

Samples: Business Loan Agreement (Autoscope Technologies Corp), Loan Agreement, Business Loan Agreement (Landmark Bancorp Inc)

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Change in Ownership. Any change in ownership of twenty-five fifty percent (2550%) or more of the common stock of Borrower.

Appears in 6 contracts

Samples: Business Loan Agreement (LiveOne, Inc.), Business Loan Agreement (LiveXLive Media, Inc.), Business Loan Agreement (Bona Film Group LTD)

Change in Ownership. Any change in ownership of pursuant to which any person or controlled group acquires twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (Human Pheromone Sciences Inc), Loan Agreement (Human Pheromone Sciences Inc), Business Loan Agreement (Erox Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or of more of the common stock of Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (Ideal Accents Inc), Business Loan Agreement (Ideal Accents Inc), Business Loan Agreement (Ideal Accents Inc)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock ownership of Borrower.

Appears in 3 contracts

Samples: Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp)

Change in Ownership. Any single change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc)

Change in Ownership. Any change in In ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Fotoball Usa Inc), Change in Terms Agreement (Fotoball Usa Inc)

Change in Ownership. Any change Change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Greenwood Hall, Inc.)

Change in Ownership. Any change in ownership of twenty-five percent Fifty Percent (25%5O%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Promissory Note (Ourpets Co)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Change in Terms Agreement (Visionics Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Loan is impaired.

Appears in 1 contract

Samples: Loan Agreement (Wellington Hall LTD)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock partnership interests of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Capitol Communities Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25125%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Promissory Note (Elecsys Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower, calculated on a fully-diluted basis.

Appears in 1 contract

Samples: Loan Agreement (Baywood International Inc)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the !he common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrowers financial condition, or Lender believes the prospect xx xxxment or performance of the Loan is impaired.

Appears in 1 contract

Samples: Loan Agreement (I/Omagic Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Xxxx is impaired.

Appears in 1 contract

Samples: Meadow Valley Corp

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the non-publicly traded common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrower's financial condition.

Appears in 1 contract

Samples: Transcrypt International Inc

Change in Ownership. Any change in ownership of twenty-five percent (2525 %) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Ironclad Performance Wear Corp)

Change in Ownership. Any change in ownership of twenty-five percent (25%) percent or more of the common stock of Borrower. Notwithstanding the foregoing, Borrower shall obtain Lender’s approval if any such change in ownership will occur.

Appears in 1 contract

Samples: Business Loan Agreement (Greenwood Hall, Inc.)

Change in Ownership. Any change in ownership of twenty-five greater than fifty percent (2550%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Better Choice Co Inc.)

Change in Ownership. Any change in ownership of twenty-five fifty percent (2550%) or more of the common stock of Borrower.Borrower ..

Appears in 1 contract

Samples: Business Loan Agreement (AeroGrow International, Inc.)

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Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.. 8

Appears in 1 contract

Samples: Loan Agreement (Daw Technologies Inc /Ut)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the !he common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrowers financial condition, or Lender believes the prospect of payment or performance of the Loan is impaired.

Appears in 1 contract

Samples: Business Loan Agreement (I O Magic Corp/Ca)

Change in Ownership. Any change in ownership interest of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Documents (Frederick County Bancorp Inc)

Change in Ownership. Any change in person or entity acquires ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Covol Technologies Inc)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Horizon Telecom Inc)

Change in Ownership. Any change in ownership of twenty-five forty percent (2540%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Intervisual Books Inc /Ca)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Change in Terms Agreement (Heritage Oaks Bancorp)

Change in Ownership. Any Allow a change in ownership of twenty-five percent (25%) or more of the common stock of Borrowerthe Borrower during the term of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Southwest Water Co)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.. BUSINESS LOAN AGREEMENT (CONTINUED)

Appears in 1 contract

Samples: Pledge and Security Agreement (Vision Sciences Inc /De/)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock membership interests of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Century Communities, Inc.)

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. ADVERSE CHANGE. A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of the indebtedness is impaired.

Appears in 1 contract

Samples: Fafco Inc

Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrowerborrower.

Appears in 1 contract

Samples: Business Loan Agreement (Community First Bancorp Inc)

Change in Ownership. Any change in ownership of twenty-five ten percent (2510%) or more in the shares of the common stock of in Borrower.

Appears in 1 contract

Samples: Loan Agreement (Aegis Identity Software, Inc.)

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