Common use of Change of Management or Ownership Clause in Contracts

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 7 contracts

Samples: Lease (Wageworks, Inc.), Commercial Sublease Agreement (CreditCards.com, Inc.), Tenant Improvement Agreement (Pericom Semiconductor Corp)

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Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2550% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 3 contracts

Samples: Lease (Realogy Corp), Lease (Trimble Navigation LTD /Ca/), Lease (Trimble Navigation LTD /Ca/)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2551% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 2 contracts

Samples: Tenant Improvement Agreement (PortalPlayer, Inc.), Lease Agreement (Concord Camera Corp)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% or more in the aggregate of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 2 contracts

Samples: Lease (Everbridge, Inc.), Lease Agreement (Zland Com Inc)

Change of Management or Ownership. Any transfer of the --------------------------------- direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 2 contracts

Samples: Wavesplitter Technologies Inc, Wavesplitter Technologies Inc

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2550% or more in the aggregate of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (NovaCardia Inc)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% thirty-five percent (35%) or more in the aggregate of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Integrated Communication Networks Inc)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25more than 50% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Nextg Networks Inc)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2551% or more in the aggregate of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Education Lending Group Inc)

Change of Management or Ownership. Any transfer of the --------------------------------- direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% or more of the ownership interest in Tenant shall constitute an assignment of this Lease, provided that in no event shall any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in any ownership interest in Tenant constitute an assignment of this Lease, so long as Tenant is a public corporation whose stock is transferred on a nationally recognized stock exchange.

Appears in 1 contract

Samples: Tenant Improvement Agreement (Navisite Inc)

Change of Management or Ownership. Any transfer of the direct or --------------------------------- indirect power to affect the management or policies of Tenant or direct or indirect change in 2549% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Numerical Technologies Inc)

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Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in twenty-five percent (25% %) or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Focus Enhancements Inc)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2525 % or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Newcare Health Corp)

Change of Management or Ownership. Any transfer of the direct or --------------------------------- indirect power to affect the management or policies of Tenant or direct or indirect change in acquisition of or transfer of control of twenty-five percent (25% %) or more of the ownership interest in Tenant to any individual or entity and/or their affiliate shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Saflink Corp)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in twenty-five percent (25% %) or more of the ownership interest in Tenant shall constitute an assignment of this Lease; provided, however, that the direct or indirect change in twenty-five percent (25%) or more of the ownership interest in Tenant shall not constitute an assignment of this Lease so long as Tenant remains a publicly-held company.

Appears in 1 contract

Samples: Success Bancshares Inc

Change of Management or Ownership. Any Except in the case of a Permitted Transferee, or if Tenant is a publicly traded corporation, any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 25% fifty percent (50%) or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Lease (Cra International, Inc.)

Change of Management or Ownership. Any transfer of the direct or indirect power to affect the management or policies of Tenant or direct or indirect change in 2549% or more in the aggregate of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 1 contract

Samples: Sublease Agreement (Jni Corp)

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