Common use of Transfer of Ownership Interest Clause in Contracts

Transfer of Ownership Interest. Without the prior written consent of Bank, which consent shall not be unreasonably withheld or delayed, there shall not be any sale, transfer or assignment to any Person of the direct or indirect ownership interest in Seller if such sale, transfer or assignment shall result in such Person holding, directly or indirectly, ten percent (10.0%) or more of the total outstanding ownership interest in Seller.

Transfer of Ownership Interest. Without the prior written consent of notice to Bank, which consent shall not be unreasonably withheld or delayed, there shall not be any sale, transfer or assignment to any Person of the direct or indirect ownership interest in Seller if such sale, transfer or assignment shall result in such Person holding, directly or indirectly, ten percent (10.0%) [***] or more of the total outstanding ownership interest in Seller.

Transfer of Ownership Interest. Without the prior written consent of Bank, which consent shall not be unreasonably withheld or delayed, there shall not be any saleno transfer, transfer assignment or assignment hypothecation to any Person of the direct or indirect ownership interest in Seller shall occur if such saletransfer, transfer assignment or assignment hypothecation shall result in such Person holding, directly or indirectly, ten percent (10.0%) holding [***] or more of the total outstanding direct ownership interest in Seller.

Transfer of Ownership Interest. Without the prior written consent of Bank, which consent shall not be unreasonably withheld or delayed, there shall not be any sale, transfer or assignment to any Person of the direct or indirect ownership interest in Seller if such sale, transfer or assignment shall result in such Person holding, directly or indirectly, ten percent (10.0%) or more of the total outstanding ownership interest in Seller.. Page 42 Mortgage Warehouse Agreement Version: 2015-11 HAL2016-4

Transfer of Ownership Interest. Without the prior written consent of Bank, which consent shall not be unreasonably withheld or delayed, there shall not be any sale, transfer or assignment to any Person (other than a Person which (a) holds a direct or indirect ownership interest in the Seller as of the date of this Agreement or (b) is a family member, family trust or Affiliate of such Person) of the direct or indirect ownership interest in Seller if such sale, transfer or assignment shall result in such Person holding, directly or indirectly, ten percent (10.0%) [***] or more of the total outstanding ownership interest in Seller.