CHANGE IN CONTROL OF THE BORROWER Sample Clauses

CHANGE IN CONTROL OF THE BORROWER. Any Change of Control of the Borrower should occur.
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CHANGE IN CONTROL OF THE BORROWER. Any Change of Control of the Borrower or any "Change of Control" or like event as defined in any indenture or other agreement or instrument pursuant to which Indebtedness or equity is issued or Receivables are sold by a Consolidated Company, shall occur or exist;
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CHANGE IN CONTROL OF THE BORROWER. If (i) any Change in Control occurs hereunder or (ii) any event or condition shall occur or exist which, pursuant to the terms of any Change in Control Provision (other than a Change in Control Provision in the Waldorf Indenture and the Waldorf Credit Agreement) requires or permits the holder(s) of the Indebtedness subject to such Change in Control Provision to require that such Indebtedness be redeemed, repurchased, defeased, prepaid or repaid, in whole or in part, or the maturity of such Indebtedness to be accelerated, then, upon the occurrence of the events described in (i) or (ii) above, the Borrower shall provide notice of the occurrence thereof to the Agent and the Lenders promptly after such occurrence and, on the ninetieth (90th) day after such occurrence, unless the Lenders shall have elected otherwise (such election to be made in their sole and absolute discretion), there shall be an automatic reduction of the Revolving Credit Commitments and the Swing Line Commitments and the Borrower shall repay in full all outstanding Loans, together with all accrued and unpaid interest thereon and Facility Fees due hereunder, and all other amounts owing to the Lenders hereunder.
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CHANGE IN CONTROL OF THE BORROWER. The Borrower will not permit a Change in Control (as defined below), without the prior written consent of the Lender, which consent will not be unreasonably withheld. A Change of Control shall mean any one or more of the following: (i) CRC shall own (beneficially or of record, directly or indirectly) less than 100.0% of all membership interests of the Borrower, or (ii) at any time CRC shall fail to have the right to receive 100.0% or more of all distributions made by the Borrower, including without limitation liquidating distributions.
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CHANGE IN CONTROL OF THE BORROWER. Any person or entity shall acquire, in its own name or beneficially, directly or indirectly, more than 50% of the issued and outstanding voting and other capital stock of the Borrower.
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Related to CHANGE IN CONTROL OF THE BORROWER

  • Change in Control of the Company For purposes of this Agreement, a “Change in Control of the Company” shall be deemed to have occurred if:

  • Change in Effective Control of the Company A change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any twelve (12) month period by directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election. For purposes of this clause (ii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change of Control; or

  • Change of Control of the Company 93A) The Secretary of State may at any time by notice in writing, subject to clause 93C) below, terminate this Agreement forthwith (or on such other date as he may in his absolute discretion determine) in the event that there is a change:

  • Change of Control/Change in Management (i) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent;

  • Notice of Change in Control or Control Event The Company will, within five Business Days after any Responsible Officer has knowledge of the occurrence of any Change in Control or Control Event, give written notice of such Change in Control or Control Event to each holder of Notes unless notice in respect of such Change in Control (or the Change in Control contemplated by such Control Event) shall have been given pursuant to subparagraph (b) of this Section 8.3. If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay Notes as described in subparagraph (c) of this Section 8.3 and shall be accompanied by the certificate described in subparagraph (g) of this Section 8.3.

  • Termination Upon Change in Control (1) For the purposes of this Agreement, a “Change in Control” shall mean any of the following events that occurs following the Effective Date:

  • Termination Upon a Change in Control If Executive’s employment is subject to a Termination within a Covered Period, then, in addition to Minimum Benefits, the Company shall provide Executive the following benefits:

  • Acceleration Upon Change in Control This Option shall become immediately fully exercisable in the event that, prior to the termination of the Option pursuant to Section 6 hereof, and during the Optionee’ s Continuous Service, there is a Change in Control.

  • Termination in Connection with a Change in Control a. For purposes of this Agreement, a “

  • Involuntary Termination in Connection with a Change in Control Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.

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