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

Change of Management or Financial Condition. Prompt notice of any material change in the senior management of Borrower, any other Obligor or any of their respective Subsidiaries, any change in the business, assets, liabilities, financial condition, results of operations or business prospects of 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: Credit Agreement (NNN Apartment REIT, Inc.), Mezzanine Credit Agreement (NNN Apartment REIT, Inc.)

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Change of Management or Financial Condition. Prompt notice of any material change in the senior management of Borrower, any other Obligor or any of their respective Subsidiaries, any change in the business, assets, liabilities, financial condition, results of operations or business prospects of 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: Credit Agreement (Parkway Properties Inc), Credit Agreement (Parkway Properties Inc)

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

Appears in 1 contract

Samples: Credit Agreement (RMR Asia Pacific Real Estate Fund)

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Change of Management or Financial Condition. Prompt notice of any material change in the senior management of Borrower, Borrower and any other Obligor or any of their respective Subsidiaries, any material change in the business, assets, liabilities, financial condition, results of operations or business prospects of Borrower, any other Obligor, Borrower or any Subsidiary of their respective Subsidiaries which has had or could reasonably be expected to have a Material Adverse EffectBorrower which, or in any other event or circumstance which such case, has had or could reasonably be expected to have a Material Adverse Effect;

Appears in 1 contract

Samples: Loan Agreement (Car Tech, LLC)

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