Common use of Prohibited Transfers or Reorganization Clause in Contracts

Prohibited Transfers or Reorganization. Except as permitted in the Loan Documents, the transfer of any interest in the Development or the transfer or syndication of equity interests in Borrower; or Borrower reorganizes, merges, consolidates, or otherwise changes ownership in violation of the Loan Documents without the Committee’s prior written consent.

Prohibited Transfers or Reorganization. Except as permitted in the Loan Documents, the transfer of any interest in the Development or the transfer or syndication of equity interests in Borrower; or Borrower reorganizes, merges, consolidates, or otherwise changes ownership in violation of the Loan Documents without the CommitteeXxxxxx’s prior written consent.