Common use of CHANGES IN BUSINESS, OWNERSHIP Clause in Contracts

CHANGES IN BUSINESS, OWNERSHIP. MANAGEMENT OR BUSINESS LOCATIONS. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto or have a material change in its ownership or management (other than the sale of Borrower's equity securities in a public offering or to private equity investors approved by Bank) of greater than 25%. Borrower will not, without at least 30 days prior written notice, relocate its chief executive office or add any new offices or business locations.

CHANGES IN BUSINESS, OWNERSHIP. MANAGEMENT OR BUSINESS LOCATIONS. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto Borrower, or have a material change in its ownership management or management (ownership, other than the sale of Borrower's equity securities in a public offering or to private equity venture capital investors approved by Bank) of greater than 25%, which approval shall not be unreasonably withheld. Borrower will not, without at least 30 days prior written noticenotice to Bank, relocate its chief principal executive office or office, add any new offices or business locations, or change its state of incorporation.

CHANGES IN BUSINESS, OWNERSHIP. MANAGEMENT OR BUSINESS LOCATIONS. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto or have a material change in its majority ownership or management Critical Management as listed in Schedule of Critical Management (other than a change in the Board of Directors, material voting control in the Company or the sale of Borrower's equity securities in a public offering or to private equity venture capital investors approved by Bank) of greater than 25%). Borrower will not, without at least 30 days prior written noticenotice to Bank, relocate its chief principal executive office or office, add any new offices or business locations, or change its state of incorporation.

CHANGES IN BUSINESS, OWNERSHIP. MANAGEMENT OR BUSINESS LOCATIONS. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto or have a material change in its ownership or management (other than the sale of Borrower's equity securities in a public offering or to private equity venture capital investors approved by reasonably acceptable to Bank) of greater than 25%. 49% Borrower will not, without at least 30 days prior written notice, relocate its chief executive office or add any new offices or business locations.