Change in Ownership or Management. The Borrower shall not, either directly or indirectly, permit any change in its Senior management or in the management of its business, without the prior written consent of the Lender.
Change in Ownership or Management. SUZUKI has entered into this Agreement in reliance on DEALER's representation that the persons identified as Owners and/or General Manager in section IV and V herein possess the ability, experience and other personal qualifications requisite for the performance of this Agreement. Therefore, if there is to be a change in the person(s) named as having full ownership and/or full managerial authority as General Manager and responsibility for the operation and management of the Dealership, DEALER must give prior written notice of the change to SUZUKI (except a change caused by death, in which case DEALER or the DEALER's legal representative shall give immediate written notice to SUZUKI). No such change or notice shall alter or modify any of the provision in this Agreement until embodied in an appropriate written amendment and executed by all parties. SUZUKI will not unreasonably withhold consent to a change in ownership or management, provided that SUZUKI receives all information requested by it concerning the prospective owner(s) and/or General Manager, and provided that the prospective owner(s) and/or General Manager meet(s) all SUZUKI financial qualifications in effect at the time of the proposed change.
Change in Ownership or Management. The Guarantor shall not, either directly or indirectly, permit any change in its senior management or in the management of its business, without the prior written consent of the Lender.
Change in Ownership or Management. If any change in the control or management of Borrower shall occur, the result of which could, in the reasonable judgment of Lender, have a Material Adverse Effect.
Change in Ownership or Management. Any of the following occur without --------------------------------- the written consent of the Super Required Lenders: (i) a Change in Control occurs for either the Parent or the Borrower; (ii) the Parent and any wholly- owned Subsidiary of the Parent collectively owns less than 70% of the legal or beneficial interest in the Borrower; (iii) the Parent and MHC shall cease to have at least 4 of the same individuals serving on their respective Boards of Directors; (iv) the Parent and MHC shall cease to have at least 2 of the same individuals serving as a Responsible Officer of the Parent and MHC, and, within 120 days following such occurrence for any reason, another person acceptable to the Required Lenders in their sole discretion is not employed as one of such Responsible Officers by the Parent and MHC; or (v) the Intercompany Agreement shall cease to be in full force and effect;
Change in Ownership or Management. 33.1 In the event an Employer acquires, loses, closes, or anticipates losing a location which falls within the scope of this Agreement, the Employer will give the Union fifteen (15) days written notice, on the form provided by the Union, prior to the effective date thereof, or immediate written notice if the acquisition or loss is to take place in less than fifteen (15) days, and said Employer will meet at the Union's request before the acquisition or loss to discuss all matters pertinent to said acquisition or loss. At the time of location change, the former Employer shall pay out all wages and benefits owned under this Agreement, including accrued vacation, to all former employees, unless the former Employer operates a residential location with a “pass through” contractual provision.
Change in Ownership or Management. Without the prior written consent of Lender, (a) Borrower will not make any material change in the management of Borrower, and (b) Borrower will not permit a material change in the ownership of Borrower from the present ownership.
Change in Ownership or Management. Cause, permit, or suffer, directly or indirectly, any change in the ownership or management of the Borrower.
Change in Ownership or Management. If at any time while Xxxxxxxx is indebted to Lender or Lender has a commitment to Borrower hereunder, any change in the ownership of the Borrower occurs, whatever class, or if any member of senior management of Borrower ceases to hold the position he or she currently holds with Borrower or perform the functions he or she currently performs, then in any such event, Borrower shall give Lender written notice thereof and Lender shall have the option for a period of thirty (30) days from receipt of said notice to declare all indebtedness of Borrower to Xxxxxx immediately due and payable. Bank One, Texas, N.A. July 17, 1997 Page 13
Change in Ownership or Management. In the event the Company assumes a new organizational name or undergoes structural reorganization during the duration of this Agreement, Company and Provider will continue to abide by the terms of this Agreement; including pricing, billing terms, cancellation terms, any outstanding invoices, and any other promises set forth in this Agreement.
