Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any Person other than the existing shareholders and senior management that own and control such Borrower as of the date of this Agreement.
Ownership and Management. Make or permit to be made any material change in the ownership or executive management of the Borrower; provided, however, that the Borrower shall not be prohibited by this covenant from conducting any public offering of its capital stock.
Ownership and Management. Permit (a) a Change of Control to occur, (b) Parent to own less than all of the issued and outstanding Capital Stock of Borrower or (c) permit any Person other than the Borrower or another Credit Party to own any of the issued and outstanding capital stock of any Subsidiary.
Ownership and Management. To induce Audi to enter into this Agreement, Dealer represents that the persons identified in the Statement of Ownership and Management, which is attached as Exhibit A, are Dealer's Owners and Executives. Audi is entering into this Agreement in reliance upon these representations, and upon the continued provision by such persons of their personal services in fulfillment of Dealer's obligations under this Agreement. Accordingly, Dealer agrees there will be no change in Dealer's Owners without Audi's prior written consent, and no change in Dealer's Executives without prior notice to Audi.
Ownership and Management. (a) Schedule 3.7(a) attached hereto accurately sets forth the directors and officers of the Buyer as of the date of this Agreement.
(b) Schedule 3.7(b) attached hereto accurately sets forth the ownership and ownership percentages of the Buyer as of the date of this Agreement and a pro forma of the ownership and ownership percentages of the Buyer immediately after Closing after giving effect to the other transactions that the Buyer Currently contemplates; provided that, except to the extent set forth otherwise herein, the Buyer makes no representation or warranty that all or any such transactions will be consummated on the terms and assumptions underlying such pro forma, or at all..
(c) Except as set forth on Schedule 3.7(c) attached hereto, Buyer has not acquired, contracted to acquire or negotiated to acquire any other business, either through a purchase of assets or a purchase of equity ownership.
Ownership and Management. 1. Are you publicly held? ____ Yes; ____ No.
Ownership and Management. Big Ma’s Kitchen is owned by Xxxxxx Xxxxxxxx and investor/s. His partner, Xxxxxxx Xxxxxxx is a seasoned leader and project manager with experience in a wide range of industries; from IT and software to retail and finance. His expert level competencies include vendor management and negotiation, planning, estimating and scheduling and process development and improvement including implementing methodologies and analysis. Xxxxxx Xxxxxxxx who will be lead to run the business, is a successful life coach, a serial entrepreneur and a kitchen guru specializing in modernizing and re-imagining basic recipes. He has a keen eye for unique marketing strategies that emphasize new and untapped markets in the Information Age while keeping up with social trends in Culture and the Arts. He specializes in Public Service and teaches self-awareness and tools of manifesting visualized desires through persistence and dedication. He has a restaurant management and a legal degree that provide strong foundation for effective communication, which has proven invaluable in developing strong community and business relationships and unique and effective marketing strategies.
Ownership and Management. Each of you warrants to us that you, or you and your spouse, if applicable, are the holders of all equity, voting and other interests in the Franchise Owner and all options, warrants and rights to acquire an interest in the Franchise Owner. The Owner, or Owner and spouse, if applicable, who is to be responsible for on-premises operation of the Franchised Business will successfully complete training. For Area Development Agreements, depending on your experience and qualifications, we may impose requirements that include but are not limited to the experience and qualifications of the operating management of your stores. Such requirements may also include but are not limited to you providing equity ownership, or similar incentives, to your operating personnel. These requirements will become part of your Area Development Agreement.
Ownership and Management. Make or permit to be made any material change in the ownership or executive management of the Borrower.
