Change in Shareholding. If the Lessee is a corporation the shares in which are not quoted on any Stock Exchange in Australia, any change in control of the Lessee (or if the Lessee is a subsidiary, any change in control of its holding company) is taken to be an assignment of the Lessee's interest in this Lease. In this clause:
Change in Shareholding. In the event that the aggregate shareholding of Hxxxxxxxx Whampoa Limited and Cxxxxx Kong (Holdings) Limited, directly or indirectly, in the Borrower is reduced to less than 30% of all of the ordinary shares of the Borrower, the Borrower will notify the Agent and the Lenders, and the Lenders and the Borrower will mutually negotiate in good faith in relation to possible amendments of the terms of the Finance Documents.
Change in Shareholding. If the Tenant is a corporation (other than a corporation listed on any stock exchange in Australia) a change in the control of the corporation as existed at the Commencement Date (whether occurring at the one time or through a series or succession of issues or transfers) or a change in the holding of more than one-half of the issued share capital, either beneficially or otherwise, will be deemed to be an assignment of this Lease and the Tenant must seek the Council's prior written consent (which may be given or withheld in Council's absolute discretion).
Change in Shareholding register or permit to register any change in its shareholders and the respective shareholdings of the shareholders in the Customer.
Change in Shareholding. If the Tenant is a corporation (other than a corporation listed on any stock exchange in Australia) a change in the control of the corporation as such control existed at the Commencement Date (whether occurring at the one time or through a series or succession of issues or transfers) or a change in the holding of more than one-half of the issued share capital, either beneficially or otherwise, will be deemed to be a novation or assignment of this Lease. Before any such novation or assignment of this Lease can be effective and binding upon the Council the Tenant must seek the Council's prior written consent27.
Change in Shareholding if any change in the shareholding of the ---------------------- Borrower or the beneficial ownership thereof takes place without the consent of the Lender such consent not to be unreasonably withheld or delayed;
Change in Shareholding. If the Tenant is a corporation, a change in the control of the corporation as it existed at the Commencement Date (whether occurring at the one time or through a series of issues or transfers) or a change in the holding of more than one-half of the issued share capital, either beneficially or otherwise, will be deemed to be an assignment of this Lease and that Tenant must seek the Landlord’s prior written consent.
Change in Shareholding. (i) permit any action or event that would lead to a change in the shareholding in the Company by more than 10% (ten percent) from that subsisting as of the Effective Date. It is hereby clarified that, subject to Applicable Law and the prior approval of the RBI (if so required), if the consent of the Debenture Trustee (acting on the instructions of the Majority Debenture Holders) for any change in control/shareholding requested by the Company under this sub-Clause (m) (Change in Shareholding), is withheld, the Company shall redeem the Debentures, and no later than 45 (forty five) calendar days of receiving such written instructions from the Debenture Trustee, together with a prepayment premium of 2% (two percent) on the Outstanding Principal Amounts to the Debenture Holders. PROVIDED THAT any action arising out of or pursuant to this provision will be taken in accordance with the applicable RBI regulations;
(ii) without prejudice to (i) above, change the capital structure of the Company in a manner that adversely effects the payment obligations of the Company in respect of the Debentures;
(iii) permit any change in the position held, and/or the responsibilities discharged by Xx. Xxxxxxx Xxxxxxx Pattanaik from that subsisting as on the Effective Date; and
(iv) appoint any person as a director and/or a key managerial person (as defined under the Companies Act) of the Company that is classified as a wilful defaulter by the RBI, or any other Governmental Authority;
Change in Shareholding. The Tenant must seek the Landlord's prior written consent where the Tenant is a corporation (other than a corporation listed on any stock exchange in Australia) and it intends to effect a change in the control of the corporation as existed at the Commencement Date (whether occurring at the one time or through a series or succession of issues or transfers), or a change in the holding of more than one-half of the issued share capital, either beneficially or otherwise.
Change in Shareholding if the beneficial ownership of a majority of ---------------------- the outstanding voting stock of the Holding Company is acquired by any person or group within the meaning of the United States Securities Exchange Act of 1934; or
