Change in Stock Ownership Sample Clauses


Change in Stock Ownership. Any one person, or more than one person acting as a group, acquires ownership of stock of the Company that, together with stock held by such person or group, for the first time constitutes more than 50% of the total fair market value or total voting power of the stock of the Company. An increase in the percentage of stock owned by any one person, or persons acting as a group, as a result of a transaction in which the Company acquires its stock in exchange for property will be treated as an acquisition of stock for purposes of this Section 2(b).


Change in Stock Ownership. Effect, cause or permit any change in the ownership of Borrower or in the beneficiary or legal ownership of any shares in Borrower, except by descent or demise or through an approved dividend reinvestment plan.

Change in Stock Ownership. If DRR stops from possessing directly or indirectly 66.66% of the DRP stock, except where it has the approval of the majority of the Banks.