Control Provisions. The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person (other than CRT), the management of each Borrowing Base Property Owner, subject to the rights of those minority or other equity interest holders as the Administrative Agent may approve.
Control Provisions. (a) The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Borrower Subsidiary.
(b) Except as set forth on Schedule 6.10, there are no provisions in any limited partnership agreement, operating agreement, certificate of incorporation, bylaws or any other agreement or instrument to which the Borrower or any Borrower Subsidiary is party, under which any Person (other than the Borrower or a Borrower Subsidiary) has the right to exercise the management or control rights, powers or authority currently belonging to the Borrower or any Borrower Subsidiary, except as set forth in any mortgage, deed of trust or similar security agreement encumbering any Individual Property upon exercise of the rights and remedies upon default set forth in any of the foregoing.
Control Provisions. (a) Except with respect to Michigan 30, the MARC Principals control, directly or indirectly, and without the requirement for consent of any other Person, the management of each Property and Property Owner.
(b) There are no provisions in any limited partnership agreement, operating agreement, certificate of incorporation, bylaws or any other agreement or instrument to which a MARC Principal or MARC Entity is party, under which any Person (other than a MARC Principal or a MARC Entity) has the right to exercise the management or control rights, powers or authority currently belonging to a MARC Principal or a MARC Entity, except for independent directors in connection with the Existing Senior Loans or as set forth in any mortgage, deed of trust or similar security agreement encumbering any Property upon exercise of the rights and remedies upon default set forth in any of the foregoing.
Control Provisions. (a) The MARC Principals and its Affiliates control, directly or indirectly, and without the requirement for consent of any other Person, the management of the Borrower, the Property Owner and the Property.
(b) There are no provisions in any limited partnership agreement, operating agreement, certificate of incorporation, bylaws or any other agreement or instrument to which a MARC Principal, the Borrower or the Property Owner is party, under which any Person (other than a MARC Principal, the Borrower or the Property Owner) has the right to exercise the management or control rights, powers or authority currently belonging to a MARC Principal, the Borrower or the Property Owner, except [for independent directors in connection with a Senior Loan or] as set forth in any mortgage, deed of trust or similar security agreement with respect to a Senior Loan upon exercise of the rights and remedies upon default set forth in any of the foregoing.
Control Provisions. ANNUITANT, CONTINGENT ANNUITANT AND CERTIFICATE OWNER(S) The Annuitant may not be changed. The designations of Certificate Owner and Contingent Annuitant will remain in effect until changed by the Certificate Owner. Changes in the designation of the Certificate Owner may be made during the lifetime of the Annuitant by written notice to the Company. Changes in the designation of Contingent Annuitant may be made at any time prior to the Annuity Commencement Date by written notice to the Company. Notwithstanding the foregoing, if no Contingent Annuitant has been named and the Certificate Owner/Annuitant's spouse is the Beneficiary, it will be assumed that the Certificate Owner/Annuitant's spouse is the Contingent Annuitant. A Certificate Owner who is a non-natural person may not designate a Contingent Annuitant. The Certificate Owner has the sole power to exercise all the rights, options and privileges granted by the Certificate or permitted by the Company and to agree with the Company to any change in or amendment to the Certificate. The rights of the Certificate Owner shall be subject to the rights of any assignee of record with the Company and of any irrevocably designated Beneficiary. In the case of joint Certificate Owners, each Certificate Owner alone may exercise all rights, options and privileges, except with respect to the Surrender Provisions and change of ownership or Beneficiary. If the Certificate Owner dies on or after the Annuity Commencement Date, then the Joint Certificate Owner, or if none, the Annuitant, becomes the Certificate Owner.
Control Provisions. (1) NMLP, controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each NMLP Subsidiary.
(2) There are no provisions in any limited partnership agreement, operating agreement, certificate of incorporation, bylaws or any other agreement or instrument to which NMLP or any NMLP Subsidiary is party, under which any Person (other than NMLP or a NMLP Subsidiary) has the right to exercise the management or control rights, powers or authority currently belonging to NMLP or any NMLP Subsidiary, except as set forth in (i) any mortgage, deed of trust or similar security agreement encumbering any Individual Property upon exercise of the rights and remedies upon default set forth in any of the foregoing, (ii) the Integrated Documents upon exercise of the rights and remedies upon default set forth therein, or
Control Provisions. There are no provisions in the Borrower's Organizational Documents, or any other agreement or instrument to which the Borrower is party, under which any Person (other than the Borrower) has the right to exercise the management or control rights, powers or authority currently belonging to the Borrower.
Control Provisions. The Borrower will not without the ------------------- prior written consent of the Lender (a) purport to charge, sell, assign, factor, discount or otherwise dispose of, or permit to subsist any charge or lien over, the Accounts in favour of any other Person and shall if called upon to do so by the Lender execute a legal assignment of the Accounts to the Lender; (b) permit or agree to any variation of the rights attaching to the Accounts or any of them; (c) release, exchange, compound, set-off, grant time or indulgence in respect of or in any other matter deal with all or any of the Accounts save as herein expressly provided; and (d) withdraw any of the Collateral from the Security Interest.
Control Provisions. The applicable Shelbourne OP controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Collateral Property Owner.
Control Provisions. 6.10.1 The Borrower, controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Borrower Subsidiary.
6.10.2 There are no provisions in any limited partnership agreement, operating agreement, certificate of incorporation, bylaws or any other agreement or instrument to which the Borrower or any Borrower Subsidiary is party, under which any Person (other than the Borrower or a Borrower Subsidiary) has the right to exercise the management or control rights, powers or authority currently belonging to the Borrower or any Borrower Subsidiary, except as set forth in (i) any mortgage, deed of trust or similar security agreement encumbering any Individual Property upon exercise of the rights and remedies upon default set forth in any of the foregoing, (ii) the Integrated Documents upon exercise of the rights and remedies upon default set forth therein, or (iii) the Formation Documents of any Non-Participating Limited Partnership, or any Partially Owned Limited Partnership.
