Change of Ownership or Control. The beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 20% or more in voting power of the outstanding voting stock of the Borrower or either Guarantor is acquired by any Person; provided that the acquisition of beneficial ownership of capital stock of the Borrower or either Guarantor by Xxxxxxx X. Xxxxxxxx or any member of his immediate family shall not constitute an Event of Default.
Appears in 4 contracts
Samples: Credit Agreement (Cemex Sa De Cv), Credit Agreement (Cemex Sa De Cv), Term Loan Agreement (Cemex Sa De Cv)
Change of Ownership or Control. The beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 20% or more in voting power of the outstanding voting stock of the Borrower or either Guarantor is acquired by any PersonPerson after the Dutch Loan Closing Date; provided that the acquisition of beneficial ownership of capital stock Capital Stock of the Borrower or either Guarantor by Xxxxxxx X. Xxxxxxxx or any member of his immediate family shall not constitute an Event of Default.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (Cemex Sab De Cv), Assignment and Assumption Agreement (Cemex Sab De Cv), Assignment and Assumption Agreement (Cemex Sab De Cv)
Change of Ownership or Control. The beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 20% or more in voting power of the outstanding voting stock of the Borrower Issuer or either Guarantor is acquired by any Person; provided that the acquisition of beneficial ownership of capital stock of the Borrower Issuer or either Guarantor by Xxxxxxx X. Xxxxxxxx Lorenzo H. Zambrano or any member of his immediate family shall not constitute shxxx xxx xxxxxxxxxx an Event of Default.
Appears in 1 contract
Samples: Reimbursement and Credit Agreement (Cemex Sa De Cv)
Change of Ownership or Control. The beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 20% or more in voting power of the outstanding voting stock of the Borrower Issuer or either Guarantor is acquired by any Person; provided that the acquisition of beneficial ownership of capital stock of the Borrower Issuer or either Guarantor by Xxxxxxx X. Xxxxxxxx Lorenzo H. Zambrano or any member of his immediate family shall not constitute an Event nox xxxxxxxxxx xx Xxxnt of Default.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Cemex Sa De Cv)
Change of Ownership or Control. The beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended) of 20% or more in voting power of the outstanding voting stock of the Borrower or either the Guarantor is acquired by any Person; provided that the acquisition of beneficial ownership of capital stock of the Borrower or either the Guarantor by Xxxxxxx X. Xxxxxxxx or any member of his immediate family shall not constitute an Event of Default.
Appears in 1 contract
Samples: Letter Agreement (Cemex Sab De Cv)
