Change of Title. Lender has no present intention of transferring its interest in the Property and agrees not to transfer the Property during the term of the loan. If, due to any unforeseeable circumstances, title to the Property is transferred during such period, such transfer shall be subject to the terms of this Agreement and Lender shall notify GMP promptly in writing of the transfer. Unless GMP has received a written notification of change of title, GMP is entitled to assume the Property belongs to Lender and will return the Property to Lender upon termination of the loan.
Change of Title. An employee in a title covered by this Agreement promoted to a title excluded from this Agreement will no longer be covered upon the effective date of promotion. No other change of title affects coverage.
Change of Title. Guarantor agrees that no change of ownership or --------------- legal title to the Property, whether effected with or without the consent of the Agency, shall affect or change or discharge the obligations of the Guarantor hereunder.
Change of Title. That Mortgagee, at its option, may declare the Note secured hereby and all other obligations hereunder to be forthwith due and payable and shall have all other rights and remedies set forth herein if, without the prior written consent of Mortgagee: (i) title to the Mortgaged Property or any part thereof or interest therein is terminated, dissolved, sold, assigned, transferred, conveyed, mortgaged, encumbered or otherwise changed (including any such changes as security for additional financing), whether voluntarily or involuntarily or by operation of law, (ii) title to the Mortgaged Property or any interest therein is divested, (iii) any lease which gives the lessee thereunder any option to purchase the Mortgaged Property or any part thereof is entered into, or (iv) any change in any membership interests in the Mortgagor or its Members other than limited partnership interests, as applicable, or any general partnership interests or any beneficial interests in the Members; subject in each case, to the following provisions regarding Permitted Transfers. Mortgagor acknowledges that the present ownership of the Mortgaged Property is a material inducement to Mortgagee to fund the Loan. For purposes hereof and particularly Sections 4.02(b) and 5.01(k), the terms "sell, assign, transfer or convey" shall include, in addition to the common and ordinary meanings of those terms and without limiting their generality, transfers made to a subsidiary or affiliated entity(ies), transfers to a reconstituted limited partnership, transfers made by any partnership to the individual partners or vice-versa, transfers made by a partner to third parties, transfers by any corporation to its stockholders or vice-versa, any corporate merger or consolidation and transfers made by any individuals to any other individuals or any entity, or vice-versa. Any
Change of Title. Xxxxxx has no present intention of transferring its interest in the Property and agrees not to transfer the Property during the term of the loan. If, due to any unforeseeable circumstances, title to the Property is transferred during such period, such transfer shall be subject to the terms of this Agreement and Lender shall notify [Insert museum name] promptly in writing of the transfer. Unless [Insert museum name] receives written notification of change of title, [Insert museum name] will return the Property to Lender upon termination of the loan.
Change of Title. Effective December 6, 2007 (“Effective Date”), Employee’s title shall change from Chief Executive Officer and Director, to Special Advisor to the Chief Executive Officer (“Change of Title”). After the Change of Title, Employee shall no longer be an Officer or Director of Employer, but Employee shall remain a full-time, at-will employee of Employer under his Employment Agreement and, report to the Chief Executive Officer, until the Termination Date.
Change of Title. JOB RESPONSIBILITIES, BASE SALARY AND/OR BONUS OPPORTUNITY. Notwithstanding the provisions of Section 7(a) to the contrary, from and after the occurrence of a Change of Control with respect to the Company, if Executive's title and/or job responsibilities are changed from those described in Section 2 of this Agreement, or if Executive's base salary is reduced or if Executive's opportunity to earn an annual bonus up to 120% of base salary as set forth in Section 4 is eliminated, Executive shall have the option to terminate his employment with the Company and, subject to Executive's continued compliance with the covenants set forth in Section 9, to receive the amounts and benefits set forth in Section 7(c) of this Agreement, at the time and for the duration more particularly set forth therein.
Change of Title. It is the intent of this agreement that any employee who has a change in title in which his or her position is advanced to a higher paying title, will not receive any less total remuneration than received under his or her previous title. Under such circumstances, adjustments in Years of Service shall be permitted as required in establishing the base salary.
Change of Title. Within 30 days after the date of Contract, Part A should assistant Part B to finish the issues concerning changing the title of property, and Part B will afford the relevant fees.
Change of Title. 20 2.21. Compliance with Laws; Etc........................................................................22 2.22. Environmental Indemnification....................................................................22 2.23. Prohibition on Dry Cleaning Establishment........................................................24
