Change of Ownership. Vendor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 31 contracts
Samples: On Call Electrical Services Contract, Signalization Improvements Agreement, County Hydrant Iso
Change of Ownership. Vendor Consultant shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor Consultant of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 5 contracts
Samples: County Traffic Signal Engineering and Technical Services Agreement, County Traffic Signal Engineering and Technical Services Agreement, Agreement
Change of Ownership. Vendor Firm shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor Firm of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 4 contracts
Samples: Mstu Study Agreement, Sumter County Agreement, County Executive Recruiting Services Agreement
Change of Ownership. Vendor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “"Key Person”") to perform under this Agreement (“"Change of Ownership”"). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or for liability for breach of sameit. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 3 contracts
Samples: Veterinarian Services Agreement, Veterinarian Services Agreement, Economic Development Services Agreement
Change of Ownership. Vendor Firm shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or Firm for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 3 contracts
Samples: County New Construction, Fee Update Study Agreement, Mstu Study Agreement
Change of Ownership. Vendor Contractor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor Contractor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 3 contracts
Samples: 01 Agreement, Sumter County Canal Cleanout Project Agreement, Agreement for Sumterville Community
Change of Ownership. Vendor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”” ). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 2 contracts
Change of Ownership. Vendor Contractor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or Contractor for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 1 contract
Samples: Sumter County Agreement
Change of Ownership. Vendor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the ““ Key Person”” ) to perform under this Agreement (““ Change of Ownership”” ). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided provided, however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger merger, or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 1 contract
Change of Ownership. Vendor Advisor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “Key Person”) to perform under this Agreement (“Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor Advisor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 1 contract
Samples: Sumter County Agreement for Financial Advisor Services
Change of Ownership. Vendor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the ““ Key Person”) to perform under this Agreement (““ Change of Ownership”” ). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 1 contract
Samples: County Employee Benefits Brokerage Agreement for Services
Change of Ownership. Vendor Contractor shall notify County immediately upon any change in corporate ownership or any substitution of the key professional assigned (the “" Key Person”) to perform under this Agreement (“"Change of Ownership”). County shall have the option of cancelling this Agreement if a Change of Ownership is not suitable to it, provided however, no cancellation shall relieve the Vendor Contractor of its obligations to perform the work described herein or for liability for breach of same. A Change of Ownership means the occurrence of any one or more of the following: a sale, lease, or other disposition of 50% or more of the interest or assets of the company or corporation; a merger, reverse merger or consolidation with another entity; a transaction wherein a third-party becomes the beneficial owner having fifty (50%) percent or more interest in the corporation or company; or OF fifty (50%) percent or more of the total number of votes that may be cast for any act of the entity.
Appears in 1 contract
Samples: Agreement