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Common use of Control of Borrower Clause in Contracts

Control of Borrower. At any time permit or suffer the failure or inability of TCI to be the managing general partner of TRG or at any time permit or suffer the failure or inability of TRG to control, directly or indirectly, each Borrower.

Appears in 3 contracts

Samples: Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc)

Control of Borrower. At any time permit or suffer the failure or inability of TCI to be the managing general partner of TRG or at any time permit or suffer the failure or inability of TRG to control, directly or indirectly, each Borrower.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc)