Dissolution, etc. of Borrower. The Borrower or any owner, either directly or indirectly, of an equity interest in the Borrower shall be dissolved, wound up, liquidated or otherwise terminated, or a party to any merger or consolidation without the written consent of the City. No notice or opportunity to cure shall be required for a default under this Section 8.17.
Appears in 28 contracts
Samples: Loan Agreement, Loan Agreement, Home Construction/Permanent Loan Agreement
Dissolution, etc. of Borrower. The Borrower or any owner, either directly or indirectly, of an equity interest in the Borrower shall be dissolved, wound up, liquidated or otherwise terminated, or a party to any merger or consolidation without the written consent of the City. No notice or opportunity to cure shall be required for a default under this Section 8.17Section.
Appears in 13 contracts
Samples: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement
Dissolution, etc. of Borrower. The Borrower or any owner, either directly or indirectly, of an equity interest general partner in the Borrower shall be dissolved, wound up, liquidated or otherwise terminated, or a party to any merger or consolidation without the written consent of the City. No notice or opportunity to cure shall be required for a default under this Section 8.17.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
