Common use of Changes in Management and Control Clause in Contracts

Changes in Management and Control. If the Borrower is not an individual, immediately upon any change in the identity of the Borrower’s chief executive officers or in its beneficial ownership, the Borrower will provide to the Bank a certificate executed by its senior individual authorized to transact business on behalf of the Borrower, specifying such change.

Appears in 11 contracts

Samples: Credit Agreement (Corning Natural Gas Holding Corp), Credit Agreement (Ameriquest, Inc.), Credit Agreement (Ameriquest, Inc.)

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Changes in Management and Control. If the Borrower is not an individual, immediately upon any change in the identity of the Borrower’s chief executive officers or any ownership change resulting in its beneficial ownershipa change of control, the Borrower will provide to the Bank a certificate executed by its senior individual authorized to transact business on behalf of the Borrower, specifying such change.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (Hardinge Inc), Credit Agreement (Hardinge Inc)

Changes in Management and Control. If the Borrower is not an individual, immediately upon any change in the identity of the Borrower’s 's chief executive officers or in its beneficial ownership, the Borrower will provide to the Bank a certificate executed by its senior individual authorized to transact business on behalf of the Borrower, specifying such change.

Appears in 5 contracts

Samples: Credit Agreement (Corning Natural Gas Corp), Credit Agreement (Corning Natural Gas Corp), Blue Ridge Real Estate Co

Changes in Management and Control. If the Borrower is not an individual, immediately upon any change in the identity of the Borrower’s chief executive officers officer or in its beneficial ownership, the Borrower will provide to the Bank a certificate executed by its senior individual authorized to transact business on behalf of the Borrower, specifying such change.

Appears in 1 contract

Samples: Credit Agreement (GTJ REIT, Inc.)

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Changes in Management and Control. If the Borrower is not an individual, immediately upon any change in the identity of the Borrower’s 's chief executive officers or in its beneficial ownership, the Borrower will provide to the Bank and MIDFA a certificate executed by its senior individual authorized to transact business on behalf of the Borrower, specifying such change.

Appears in 1 contract

Samples: Credit Agreement (Advancis Pharmaceutical Corp)

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