Change of Control or Ownership. 38 The Recipient shall notify the Government in advance of any proposed change in the management or control, including any change in directors or any change in legal or beneficial interest in the share capital of the Recipient representing more than 50% of total issued share capital of the Recipient at the time of the proposed change or 50% in aggregate of any prior and proposed change of total issued share capital at the time of the proposed change.
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Samples: Createsmart Initiative Project Agreement, Createsmart Initiative Project Agreement, Createsmart Initiative Project Agreement
Change of Control or Ownership. 38 39 The Recipient shall notify the Government in advance of any proposed change in the management or control, including any change in directors or any change in legal or beneficial interest in the share capital of the Recipient representing more than 50% of total issued share capital of the Recipient at the time of the proposed change or 50% in aggregate of any prior and proposed change of total issued share capital at the time of the proposed change.
Appears in 2 contracts
Samples: Createsmart Initiative Project Agreement, Createsmart Initiative Project Agreement
Change of Control or Ownership. 38 37 The Recipient shall notify the Government in advance of any proposed change in the management or control, including any change in directors or any change in legal or beneficial interest in the share capital of the Recipient representing more than 50% of total issued share capital of the Recipient at the time of the proposed change or 50% in aggregate of any prior and proposed change of total issued share capital at the time of the proposed change.
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