Change of Control of Borrower. The individuals who, as of the date of this agreement, constitute the members of Borrower's board of directors (for purposes of this SECTION 11.9, the "INCUMBENT BOARD") do not constitute or cease for any reason to constitute at least 66 2/3% of:
Change of Control of Borrower. Any Change of Control shall occur.
Change of Control of Borrower. Permit the change of control of Borrower. "Change of control" as used in the preceding sentence means (a) the acquisition of more than fifty percent (50%) of the outstanding voting stock of Borrower by any Person or group of Persons acting in concert, or (b) the acquisition of more than twenty percent (20%) of the outstanding voting stock of Borrower by any Person or group of Persons acting in concert if at any time following such acquisition of twenty percent (20%) or more of Borrower's outstanding voting stock more than fifty percent (50%) of the Persons serving on the board of directors of Borrower are Persons proposed directly or indirectly by the Persons or group of Persons acting in concert who have acquired such twenty percent (20%) or more of Borrower's outstanding voting stock.
Change of Control of Borrower. No Change of Control shall occur with respect to Borrower. For the purposes of this Section 6.6, a “Change of Control” shall occur if:
Change of Control of Borrower. Permit the change of control of Borrower. "Change of control" means the occurrence of any of the following events: (a) Behringer Harvard Quorum I GP, LLC shall cease, for any reason, to be the sole general partner of Borrower, or (b) Persons who are Guarantors as of the Closing Date shall cease for any reason, to own, in the aggregate, fifty percent (50%) or more of the outstanding capital partnership interests in Borrower.
Change of Control of Borrower. Permit a Change of Control.
Change of Control of Borrower. (a) the sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the assets of the Borrower and its Subsidiaries taken as a whole to any Person;
Change of Control of Borrower. Borrower shall not, without the prior written consent of Lender, directly or indirectly permit the legal or beneficial ownership of Borrower to change from that reflected on the documents submitted to Lender to induce it to enter into the Loan Documents.
Change of Control of Borrower. No Borrower shall permit the change of control of any Borrower. "Change of Control" as used in the preceding sentence means that point in time when the management or ownership of any Borrower changes.
Change of Control of Borrower. Upon the occurrence of any of the following (each a "CHANGE OF CONTROL"): (i) the individuals who, as of the date of this agreement, constitute the members of Borrower's board of directors (for purposes of this SECTION 11.8(i), the "INCUMBENT BOARD") do not constitute or cease for any reason to constitute at least 75% of Borrower's board of directors; (ii) any "person" (other than Mr. Xxxxxx X. Xxxxxx) or "group" (as such terms are used in Sections 13(d) and 14(d) of the Securities and Exchange Act of 1934, as amended (the "EXCHANGE ACT")) is or becomes the "beneficial owner" (as defined in Rules 13d-3
