Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s prior written consent.
Appears in 8 contracts
Samples: Loan Agreement, Loan Agreement (Sono Tek Corp), Loan Agreement (Sono Tek Corp)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s prior written consentconsent unless such transfer shall not result in change in control of Borrower.
Appears in 5 contracts
Samples: Master Letter of Credit Agreement (Sidoti & Company, Inc.), Loan and Security Agreement (Sidoti & Company, Inc.), Loan Agreement (Wireless Xcessories Group Inc)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s 's prior written consent.
Appears in 4 contracts
Samples: Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Fix Corp International Inc)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s 's prior written consentconsent unless such transfer shall not result in change in control of Borrower.
Appears in 3 contracts
Samples: Loan and Security Agreement (Chembio Diagnostics, Inc.), Loan and Security Agreement (Dewey Electronics Corp), Loan and Security Agreement (Advanced Photonix Inc)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the any Borrower without the Bank’s 's prior written consent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Fix Corp International Inc), Loan and Security Agreement (Fix Corp International Inc)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in any subsidiary of the Borrower which is an Obligor hereunder without the Bank’s Lenders' prior written consent.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Seracare Inc)
Sale of Interest. There shall not be any sale or transfer of ownership of any interest interest, whether direct or indirect, in the Borrower without the BankLender’s prior written consent.
Appears in 1 contract
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s prior written consent, unless such sale or transfer shall not result in a Change in Control.
Appears in 1 contract
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the BankLender’s prior written consentconsent unless such transfer shall not result in change in control of Borrower.
Appears in 1 contract
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s prior written consent, which is not to be unreasonably withheld, unless such transfer shall not result in change in control of Borrower.
Appears in 1 contract
Sale of Interest. There shall not be any sale or transfer of ownership of any interest in the Borrower without the Bank’s prior written consent, which consent will not be unreasonably withheld, conditioned or delayed.
Appears in 1 contract
