Change of Control of Tenant. If the Tenant is a private corporation, any transfer, creation, issuance, sale, assignment, bequest, inheritance, trust, or other disposition or dealing with the shares or voting rights or amalgamation or other reorganization that results in a change in the control of the corporation by reason of ownership of greater than 50% of the voting shares of the corporation being held by a person or group of persons will be deemed for the purposes hereof to be a Transfer. This section 14.2 will not apply with respect to the change of control of a corporation whose shares are listed on a recognized security exchange.
Change of Control of Tenant. (a) Where the Tenant is a corporation other than a listed public company a change in shareholding (including any variation in the beneficial ownership of the shares) of the Tenant or its holding company (unless the holding company is a listed public company) that gives control of the Tenant to a different person or group of persons will be deemed to be an assignment of this Lease with the proposed new shareholders, beneficial owners or management treated as the proposed new lessee.
Change of Control of Tenant. If, during the Term, any Parent or Affiliate (each a "TRANSFEROR") of Tenant has elected to transfer its interest in Tenant to a third party which is not an Affiliate of Tenant which, for the purposes of this Agreement shall only be permitted (i) in conjunction with the sale of all, or substantially all, of Transferor's hotel management businesses and (ii) with the consent of Landlord, not to be unreasonably withheld, conditioned or delayed (a "PERMITTED TRANSFER"), then such Permitted Transfer shall be made only upon the following terms and conditions:
Change of Control of Tenant. (Where the Tenant is a company) if there is a Change of Control of the Tenant company the Landlord may within 12 months of such event by written notice terminate this lease and such notice is to have effect on the date stated in it.
Change of Control of Tenant. If at any time during the term of this Lease any part or all of the corporate shares of Tenant (if Tenant is a corporation), or the interest of any proprietor of Tenant (if Tenant is a proprietorship), or the interest of any member of Tenant (if Tenant is a limited liability company), or the interest of any partner of Tenant (if Tenant is a partnership) shall be transferred by sale, assignment, bequest, inheritance, operation of law or other disposition so as to result in a change in the control of Tenant, Tenant shall promptly notify Landlord, in writing, of such change.
Change of Control of Tenant. If, during the Term, any Parent or Affiliate (each a "Transferor") of Tenant has elected to transfer its interest in Tenant, which, for the purposes of this Agreement shall only be permitted in conjunction with the sale of all, or substantially all, of Transferor's hotel management businesses (a "Permitted Transfer"), then such Permitted Transfer shall be made only upon the following terms and conditions:
Change of Control of Tenant. Sales aggregating more than fifty percent (50%) of the voting stock of Tenant, and other changes of control of Tenant shall be deemed to be an assignment of this Lease and subject to the provisions of Article 11.02.
