Common use of Ownership Transfer Clause in Contracts

Ownership Transfer. Any Transfer: (i) by Owner of all or any part of the Project; (ii) of all or any part of Owner’s interest in this Agreement; or (iii) of an Equity Interest that results in Equity Holders having the ability to Control Owner who were not Equity Holders as of the Effective Date.

Appears in 4 contracts

Sources: Management Agreement, Management Agreement (Capital Lodging), Management Agreement (Capital Lodging)