Common use of Maintain Controlling Entity Clause in Contracts

Maintain Controlling Entity. The Allocatee shall maintain the same Controlling Entity, as identified in this Allocation Agreement, throughout the term of this Allocation Agreement, unless otherwise approved in advance and in writing by the CDFI Fund. This section does not apply to changes in Controlling Entity due to mergers, acquisitions, bankruptcy, or similar legal actions. However, the Allocatee shall advise the CDFI Fund of the occurrence of such and in the timeframe, as set forth in section 6.9 of this Agreement.

Maintain Controlling Entity. The Allocatee shall maintain the same Controlling Entity, as identified in this its Allocation AgreementApplication, throughout the term of this Allocation Agreement, unless otherwise approved in advance and in writing by the CDFI Fund. This section does not apply to changes in Controlling Entity due to mergers, acquisitions, bankruptcy, or similar legal actions. However, the Allocatee shall advise the CDFI Fund of the occurrence of such and in the timeframe, as set forth in section 6.9 of this Agreement.

Maintain Controlling Entity. The Allocatee shall maintain the same Controlling Entity, as identified in this Allocation Agreement, throughout the term of this Allocation Agreement, unless otherwise approved in advance and in writing by the CDFI Fund. This section does not apply to changes in Controlling Entity due to mergers, acquisitions, bankruptcy, or similar legal actions. However, the Allocatee shall advise the CDFI Fund of the occurrence of such and in the timeframe, as set forth in section 6.9 of this Agreement.