Change of Management or Financial Condition. Prompt notice of any change in the senior management of the company that manages the properties on behalf of the Borrower (which, as the date hereof, is deemed to be the following persons: Xxx X. Xxxxx, III, Xxxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxxx, Xxx Xxxxx and Xxxxxx Xxxxx), any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Borrower, any other Obligor, or any of their respective Subsidiaries which has had or could reasonably be expected to have a Material Adverse Effect, or any other event or circumstance which has had or could reasonably be expected to have a Material Adverse Effect;
Appears in 2 contracts
Samples: Term Loan Agreement (Wells Real Estate Investment Trust Ii Inc), Credit Agreement (Wells Real Estate Investment Trust Ii Inc)
Change of Management or Financial Condition. Prompt notice of any change in the senior management of the company that manages the properties on behalf of the Borrower (which, as the date hereof, is deemed to be the following persons: Xxx X. Xxxxx, III, Xxxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxxx, Xxx Xxxxx and Xxxxxx Xxx Xxxxx), any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Borrower, any other Obligor, or any of their respective Subsidiaries which has had or could reasonably be expected to have a Material Adverse Effect, or any other event or circumstance which has had or could reasonably be expected to have a Material Adverse EffectEffect (such change, event or circumstance, a “Material Change”);
Appears in 2 contracts
Samples: Credit Agreement (Wells Core Office Income Reit Inc), Credit Agreement (Wells Core Office Income Reit Inc)
Change of Management or Financial Condition. Prompt notice of any change in the senior management of the company that manages the properties Properties on behalf of the Borrower (which, as the date hereof, is deemed to be the following persons: Xxx X. Xxxxx, III, Xxxxxxx X. Xxxxxxxx, Xxxxxxx and Xxxxxxxx X. Xxxxx, Xxx Xxxxx and Xxxxxx XxxxxXxxxxx), any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Borrower, any other Obligor, or any of their respective Subsidiaries which has had or could reasonably be expected to have a Material Adverse Effect, or any other event or circumstance which has had or could reasonably be expected to have a Material Adverse Effect;
Appears in 1 contract
Samples: Credit Agreement (Wells Core Office Income Reit Inc)
Change of Management or Financial Condition. Prompt notice of any change in the senior management of the company that manages the properties on behalf of the Borrower (which, as the date hereof, is deemed to be the following persons: Xxx Lxx X. Xxxxx, III, Xxxxxxx Dxxxxxx X. Xxxxxxxx, Xxxxxxx Rxxxxxx X. Xxxxx, Xxx Dxx Xxxxx and Xxxxxx Nxxxxx Xxxxx), any change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Borrower, any other Obligor, or any of their respective Subsidiaries which has had or could reasonably be expected to have a Material Adverse Effect, or any other event or circumstance which has had or could reasonably be expected to have a Material Adverse Effect;
Appears in 1 contract
Samples: Credit Agreement (Wells Real Estate Investment Trust Ii Inc)