Common use of Change of Management or Financial Condition Clause in Contracts

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary or any other Loan Party and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary or any other Loan Party which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 12 contracts

Samples: Term Loan Agreement (Corporate Office Properties, L.P.), And Consolidated Credit Agreement (Corporate Office Properties, L.P.), Term Loan Agreement (Corporate Office Properties Trust)

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Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, Parent or the Borrower, any Subsidiary or any other Loan Party Borrower and any change in the business, assets, liabilities, financial condition, condition or results of operations or business prospects of the Parent, the Borrower, any Subsidiary other Loan Party or any other Loan Party Subsidiary which has had had, or could reasonably be expected to have have, a Material Adverse Effect;

Appears in 9 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary or any other Loan Party and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary or any other Loan Party which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 6 contracts

Samples: Management Agreement (Hospitality Properties Trust), Credit Agreement (Senior Housing Properties Trust), Term Loan Agreement (HRPT Properties Trust)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary Borrower or any other Loan Party and any change in the business, assets, liabilities, financial condition, condition or results of operations or business prospects of the Parent, the Borrower, any Subsidiary other Loan Party or any other Loan Party Subsidiary which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 4 contracts

Samples: Assignment and Acceptance Agreement (CubeSmart, L.P.), Assignment and Acceptance Agreement (U-Store-It Trust), Assignment and Acceptance Agreement (U-Store-It Trust)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary or any other Loan Party and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary or any other Loan Party which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 4 contracts

Samples: Credit Agreement (UDR, Inc.), Credit Agreement (United Dominion Realty Trust Inc), Term Loan Agreement (UDR, Inc.)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, Parent or the Borrower, any Subsidiary or any other Loan Party Borrower and any change in the business, assets, liabilities, financial condition, condition or results of operations or business prospects of the Parent, the Borrower, any Subsidiary Borrower or any other Loan Party Subsidiary which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 3 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, Parent or the Borrower, any Subsidiary or any other Loan Party Borrower and any change in the business, assets, liabilities, financial condition, condition or results of operations or business prospects of the Parent, the Borrower, Borrower or any Subsidiary or any other Loan Party which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

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Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary or any other Loan Party and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary or any other Loan Party which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (United Dominion Realty Trust Inc), Credit Agreement (Government Properties Trust Inc)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, Parent or the Borrower, any Subsidiary or any other Loan Party Borrower and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary Borrower or any other Loan Party Subsidiary which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (Kite Realty Group Trust)

Change of Management or Financial Condition. Prompt notice of any change in the senior management of the Parent, the Borrower, any Subsidiary Borrower or any other Loan Party and any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Parent, the Borrower, any Subsidiary other Loan Party or any other Loan Party Subsidiary which has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

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