Prohibited Change of Control definition

Prohibited Change of Control means the occurrence of either or both of the following: (i) the failure of Borrower to be Controlled by one or more Qualified Equityholders (individually or collectively), or (ii) the failure of any other Required SPE to be Controlled by the same Qualified Equityholder(s) that Control Borrower.

Prohibited Change of Control means the failure of each Borrower to be, directly or indirectly, wholly owned by Guarantor.

Prohibited Change of Control means the occurrence of either or both of the following: (i) the failure of Borrower or Sponsor to be Controlled by one or more Qualified Equityholders (individually or collectively), or (ii) the failure of the Single-Purpose Equityholder (if any) to be Controlled by the same Qualified Equityholders that Control Borrower.

Examples of Prohibited Change of Control in a sentence

• Some even proposed to post recordings via web-based networking media and influence them to become famous online with the assistance of their adherents.The gathering being referred to was, in a large portion of the cases, the Bharatiya Janata Party (BJP) and Aam Aadmi Party (AAP) and the Congress Party at times.

• No transfers of any direct or indirect equity interests in any Borrower shall be permitted, except for (i) any such transfers that do not result in a Prohibited Change of Control, (ii) transfers of shares of common stock in Sears Holdings Corporation and (iii) any other such transfer for which Borrower shall have obtained Lender’s prior written consent.

• Some agencies offer other or additional self-sufficiency development programs.

• FATCA 36 ARTICLE V NEGATIVE COVENANTS 36 Section 5.1. Liens on the Collateral 36 Section 5.2. Transfer; Prohibited Change of Control 36 Section 5.3. Debt 36 Section 5.4. Dissolution; Merger or Consolidation 36 Section 5.5. Misapplication of Funds 37 Section 5.6. Jurisdiction of Formation; Name 37 Section 5.7. Modifications and Waivers 37 Section 5.8. ERISA 37 Section 5.9. Alterations and Expansions 37 Section 5.10.

• Retailer may terminate this Agreement (a) as set forth in Schedule 2.12 or (b) upon not less than sixty days’ advance notice to Bank and GDC if there occurs a GDC Prohibited Change of Control.

More Definitions of Prohibited Change of Control

Prohibited Change of Control means a Change of Control of the Contractor or a Key Sub- contractor that: (a) results in such person being Controlled by an Unsuitable Person; or (b) results in such person being Controlled by a SEC Party, the DCC or any other External Service Provider (or any Affiliate of any SEC Party, the DCC or any other External Service Provider);

Prohibited Change of Control means the failure of Mortgagor to be controlled by one or more Qualified Equityholders (individually or collectively).

Prohibited Change of Control means any Change of Control other than a Permitted Change of Control.

Prohibited Change of Control means any Change in Control with respect to Green Dot, or any transaction in which a Person acquires all or substantially all of Green Dot’s assets, if the Person that acquires Control of Green Dot, or all or substantially all of Green Dot’s assets, either: (a) is not at least as financially sound as Green Dot and/or not at least as capable of meeting the obligations of Green Dot under this Agreement as Green Dot; (b) is insolvent or will become insolvent as a result of such acquisition; (c) in the commercially reasonable judgment of Retailer or Bank, would cause harm to the goodwill or reputation of Retailer or Bank or the Retailer or Bank name or brand; (d) is in the business of operating general merchandise retail sales outlets or providing consumer financial services; or (e) has been engaged in material litigation with Retailer or Bank in the past ten (10) years or there has been the threat of such material litigation. For purposes of clarification, an initial public offering by Green Dot, or an internal reorganization among Affiliates shall not, by itself, be considered a “Prohibited Change of Control” hereunder.

Prohibited Change of Control means it ceasing to be the case that Guarantor or one or more Permitted Transferees both (i) owns, directly or indirectly, at least 51% of the equity interests in, and the right to at least 51% of the distributions from, Borrower and (ii) possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of Borrower, whether through the ability to exercise voting power, by contract or otherwise, in each case without the prior written consent of Lender, which consent may be granted or withheld in Xxxxxx’s sole discretion.

Prohibited Change of Control means the acquisition, directly or indirectly, by any Person or group of Persons reasonably deemed by Midwest to be a major competitor of Midwest or any of its Affiliates, in any one transaction or a series of related transactions, of (a) the right to control the direction of the management and policies of SkyWest, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise, or (b) ownership of (i) fifty percent (50%) or more of the outstanding equity securities of SkyWest, or (ii) all or substantially all of the assets of SkyWest.

Prohibited Change of Control means any Change in Control with respect to Servicer, or any transaction in which a Person acquires all or substantially all of Servicer’s assets, if the Person that acquires Control of Servicer, or all or substantially all of Servicer’s assets, either: (a) is not at least as financially sound as Servicer and/or not at least as capable of meeting the obligations of Servicer under this Agreement as Servicer; (b) is insolvent or will become insolvent as a result of such acquisition; (c) in the commercially reasonable judgment of Bank, would cause harm to the goodwill or reputation of Bank or a Bank Client or the Bank or a Bank Client name or brand; (d) is in the business of operating general merchandise retail sales outlets or providing consumer financial services; or (e) has been engaged in material litigation with a Bank or a Bank Client in the past ten (10) years or there has been the threat of such material litigation. For purposes of clarification, an initial public offering by Servicer, or an internal reorganization among Affiliates shall not, by itself, be considered a “Prohibited Change of Control” hereunder.