Ownership; Control. Such Consenting Lender (A) either (i) is the sole beneficial owner of the principal amount of Debt and, as applicable, other interests in the Partnership set forth on its signature page hereto, or (ii) has sole investment or voting discretion with respect to the principal amount of such Debt and, if applicable, other interests in the Partnership set forth on its signature page and has the power and authority to bind the beneficial owner(s) of such Debt and, if applicable, other interests in the Partnership to the terms of this Agreement as such terms relate to the Debt and, if applicable, such other interests and (B) has full power and authority to act on behalf of, vote, and consent to matters concerning such Debt and, if applicable, other interests in the Partnership as set forth on its signature page and to dispose of, exchange, assign, and transfer such Debt and, if applicable, such other interests in the Partnership, including the power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
Ownership; Control. Borrower shall continue to own not less than 100% of the equipment and other assets associated with the Utica System as well as all other COES Installations, provided, however, that if the customer utilizing the Utica System opts to exercise the purchase option contained in its equipment rental and license agreement with the Borrower, and 100% of the proceeds from such purchase are delivered to the Lender to be applied in reduction of the Obligations in a manner determined by the Lender in its sole and exclusive discretion, then such sale of the Utica System to such customer shall not constitute an Event of Default hereunder.
Ownership; Control. (a) The Club Parties and the Arena Companies represent, warrant and covenant to the NHL that Xxxxx Xxxxx is the Governor of the Rangers and the Executive Chairman of Spinco, and he is responsible for and has the authority to manage the business and affairs of the Rangers and each Club Party and Arena Company, subject to certain prior approvals of the board of directors of Spinco as required by law.
(b) Notwithstanding any provision in any other agreement which may be to the contrary, the NHL Entities and Member Clubs may rely upon as binding upon the Rangers and each Club Party any action of the Governor and each Alternate Governor of the Rangers with respect to any communication, agreement, understanding, action, consent or other transaction with or concerning any NHL Entity or the Member Clubs.
(c) Each Club Party acknowledges and agrees that:
(i) The ownership of the NHL franchise known as the New York Rangers (the “Franchise”), any proposed transfer of the location of the Franchise and any proposed Transfer (as defined below) of the assets of, or any direct or indirect ownership interest in, Rangers LLC or any other Club Party are subject to the NHL Constitution and Agreements (as defined below), including this Transfer Consent Agreement. Without limiting the foregoing, subject to Section 1(c)(ii)(D), any Transfer of the assets of, or a direct or indirect ownership interest in, any of the Club Parties shall be subject to and conditioned upon approval of the NHL pursuant to Article 3.5 of the NHL Constitution (attached hereto as Annex A), unless otherwise provided in the NHL Constitution and Agreements, provided, that: (A) it is acknowledged and agreed that shares of Spinco common stock held by members of the family of Xxxxxxx X. Xxxxx (“Xxxxx”), members of Xxxxx’x family or trusts for the benefit of members of Xxxxx’x family (the “Family Trusts”) shall be deemed to be held by Xxxxx for the purposes of this Transfer Consent Agreement and the NHL Constitution and Agreements and nothing herein or therein shall restrict transfers of such common stock between Xxxxx and such Family Trusts or such family members or among such Family Trusts or family members, (B) Xxxxx, members of his family and his Family Trusts may pledge stock of Spinco owned by them as collateral for loans made to them, provided that, in the event that if after giving effect to the Transfer of all of the stock subject to any such pledges Xxxxx, members of his family and Family Trusts would...
Ownership; Control. Without the prior written approval of the Majority Banks under the Tax Credit Warehouse Agreement, which shall not be unreasonably withheld, the Guarantor will not cause or permit any change in the ownership or Control of the Borrower or the Other Guarantors, or any MTE, except to the extent that (a) with respect to the Borrower or the Other Guarantors, following such change the Guarantor retains Control (directly or indirectly) of the Borrower and the Other Guarantors, and (b) with respect to each MTE, the Release Conditions with respect to such MTE have been satisfied, and provided that, in addition to the foregoing restrictions, the Guarantor shall cause MFH to continue to maintain MFH’s ownership and Control of MFH’s Subsidiaries other than MEC, MMA Capital Corporation, MMA New Initiatives, LLC, MMA Realty Capital, LLC and their respective Subsidiaries.”
Ownership; Control sell, transfer or otherwise dispose of, or permit the sale, transfer or other disposition of Capital Stock of any Obligor unless the transferee is an Obligor or any new Subsidiary who becomes an Obligor after giving effect to the requirements of Section 12.1.9, nor change or permit any Change of Control of any Obligor, unless such Change of Control is in favour of another Obligor or any new Subsidiary who becomes an Obligor after giving effect to the requirements of Section 12.1.9; 12.
Ownership; Control. (a) The TIC co-owner will have a say in all matters in connection with the property in the proportion set out in item 2 of the First Schedule;
(b) The TIC co-owner covenants and agrees not to apply to any court for an order for partition or sale of the property.
(c) The TIC co-owner, by signing this deed, understands and acknowledges that buying a share in the property should be viewed as a long-term investment.
Ownership; Control. Any change in equity ownership of any Borrower that results in Holdings not retaining a 100% equity ownership interest in Trading or results in Xxxxxxx X. Xxxxxxxx, Xxxxxxxx X. Xxxxxxxx and The Xxxxxxx X. and Xxxxxxxx X. Xxxxxxxx Living Trust u/a/d September 6th, 2000, collectively, owning less than 51% of the total voting power of the outstanding capital stock of Holdings.”
Ownership; Control. China MCN put all the content creators under one account opened on all China social medias. China MCN shall retain full control and ownership of, and absolute liability for, the Content Creator China Social media Properties. The content creators are responsible for creation and procurement and partly video editions. China MCN takes care of uploading of all content therein, and the ongoing management and look and feel of the Contents. China MCN shall have the absolute right to notice Content Creator and will remove content immediately upon any notice of copyright violation, or violation of any party's rights. Any video content or other content (live streaming, text, annotations, or otherwise) that is in violation of the terms of this agreement or violates any laws, rules or regulations, including YouTube's and/or China MCN's terms, rules, policies or other business interests, shall also be removed immediately upon request.
Ownership; Control of the Loan Agreement is amended to read as follows:
Ownership; Control. Borrower will not permit to occur any change in ownership or control of Borrower from that in existence on the date hereof other than an interest change that would not result in Guarantor owning less than 50 percent of the equity in Borrower.
