Common use of Change of Ownership Clause in Contracts

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's capital ownership.

Appears in 7 contracts

Samples: Business Loan Agreement (California Jockey Club), Business Loan Agreement (Sunrise Telecom Inc), Business Loan Agreement (E Tek Dynamics Inc)

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Change of Ownership. Not to cause, permit, or suffer any change in capital ownership such that there is a material change, as determined by the Bank in its sole discretion in the direct or indirect, in indirect capital ownership of the Borrower's capital ownership.

Appears in 4 contracts

Samples: Loan Agreement (Thorne Healthtech, Inc.), Loan Agreement (Graham Corp), Loan Agreement (Lakeland Industries Inc)

Change of Ownership. Not to The Borrower will not cause, permit, or suffer any change, direct change in its capital or indirect, in the Borrower's capital ownershipshare ownership except among existing owners.

Appears in 1 contract

Samples: Loan Agreement (Quartet Holdco Ltd.)

Change of Ownership. Not to cause, permit, or suffer any material change, direct or indirect, in the Borrower's capital ownership.

Appears in 1 contract

Samples: Business Loan Agreement (Cost Plus Inc/Ca/)

Change of Ownership. Not to cause, permit, or suffer any change, ------------------- direct or indirect, in the any Borrower's capital ownership, except for any such changes resulting from transfers of shares between existing shareholders of such Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Kinetics Group Inc)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's Borrowers' capital ownership, except between existing shareholders.

Appears in 1 contract

Samples: Business Loan Agreement (Lec Technologies Inc)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's capital ownershipownership in excess of 10%.

Appears in 1 contract

Samples: Business Loan Agreement (Jda Software Group Inc)

Change of Ownership. Not to cause, permit, permit or suffer any change, direct or indirect, in the Borrower's capital ownershipownership in excess of 25%.

Appears in 1 contract

Samples: Business Loan Agreement (Il Fornaio America Corp)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's capital ownershipownership in excess of 55%.

Appears in 1 contract

Samples: Business Loan Agreement (Aml Communications Inc)

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Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, Change of Control in the Borrower's capital ownership.

Appears in 1 contract

Samples: Credit Agreement (Nic Inc)

Change of Ownership. Not to cause, permit, or suffer any material change, direct or indirect, in the Borrower's " capital ownership.

Appears in 1 contract

Samples: Business Loan Agreement (Travis International Inc)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's or any guarantor's capital ownership.

Appears in 1 contract

Samples: Business Loan Agreement (Pia Merchandising Services Inc)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's capital ownershipownership in excess of 30%.

Appears in 1 contract

Samples: Business Loan Agreement (Longs Drug Stores Corp)

Change of Ownership. Not to cause, permit, or suffer any change, direct or indirect, in the Borrower's capital ownershipownership in excess of 50%.

Appears in 1 contract

Samples: Business Loan Agreement (Amplicon Inc)

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