Full Control Sample Clauses

Full Control. The current management team for the Company will continue to operate, and full operational control will be retained by existing shareholders/management unless the new Board of Directors determines otherwise due to a breach of the Shareholders Agreement, ongoing poor performance, or if structural changes are recommended in line with the laws governed by this Agreement which will be decided and approved by the new Board of Directors of the Company.
Sample 1See All (4)
Full Control. Participating district will have full control of the disposition of the funds and accepts responsibility for complying with this Agreement’s terms and conditions. This funding is earmarked for participating district and may not be transferred to any other entity or person, except as may be specified in this Agreement.
Sample 1
Full Control. The first party will obtain immediate control with execution of this agreement. Full operational control will be retained by existing the management unless the new Board of Directors determines otherwise due to a breach of this Agreement, ongoing poor performance, or if structural changes are recommended in line with the laws governed by this Agreement which will be decided and approved by the new Board of Directors of the Company.
Sample 1

Related to Full Control

  • Change of Control There occurs any Change of Control; or

  • Initial Ownership Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 and until the issuance of the Certificate to the initial Certificateholder, the Depositor shall be the sole beneficiary of the Trust.