Non-Control Agreement Clause Samples

A Non-Control Agreement is a contractual provision that prevents one party from gaining control or significant influence over another party or entity. In practice, this clause may restrict actions such as acquiring a majority of voting shares, appointing key management, or otherwise directing the operations of the other party. Its core function is to maintain the independence of the parties involved, ensuring that business relationships do not inadvertently result in one party exerting undue control over the other, thereby protecting autonomy and preventing conflicts of interest.
Non-Control Agreement. The Company shall have entered into the Non-Control Agreement with Purchaser. The Non-Control Agreement shall be in full force and effect and the Company shall not be in breach of any representation, warranty, covenant or agreement thereunder in any material respect.
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Non-Control Agreement. At or prior to the Closing, each Purchaser shall enter into (1) the Non-Control Agreement with the Company and (2) the GGO Non-Control Agreement with GGO.
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Non-Control Agreement. At or prior to the Closing, Purchaser shall enter into the Non-Control Agreement with the Company.
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Non-Control Agreement. At or prior to the Closing, The ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ shall enter into the Non-Control Agreement with the Company.
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Related to Non-Control Agreement

  • Control Agreement A control agreement (the “Custodian Control Agreement”), duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

  • Control Agreements Each Borrower agrees that it will not transfer assets out of any Securities Accounts other than as permitted under Section 7.19 and, if to another securities intermediary, unless each of the applicable Borrower, Agent, and the substitute securities intermediary have entered into a Control Agreement. No arrangement contemplated hereby or by any Control Agreement in respect of any Securities Accounts or other Investment Property shall be modified by Borrowers without the prior written consent of Agent. Upon the occurrence and during the continuance of a Default or Event of Default, Agent may notify any securities intermediary to liquidate the applicable Securities Account or any related Investment Property maintained or held thereby and remit the proceeds thereof to the Agent's Account.

  • Account Control Agreements Account Control Agreements for all of Borrower’s deposit accounts and accounts holding securities duly executed by all of the parties thereto, in the forms provided by or reasonably acceptable to Lender.

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Change of Control Agreement Except as expressly amended herein, all of the terms and provisions of the Change of Control Agreement shall remain in full force and effect.