Common use of Changes in Control Clause in Contracts

Changes in Control. From the Signature Date, the Seller shall procure that there is no Change in Control in the Seller (or in any company of which the Seller is a subsidiary), unless such Change in Control has been approved in terms of this Agreement.

Appears in 6 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Changes in Control. From the Signature Date, the Seller shall procure that there is no Change in Control in the Seller (or in any company of which the Seller is a subsidiary), unless such Change in Control has been approved in terms of this the Implementation Agreement.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

Changes in Control. From the Signature Date, the Seller shall procure confirm that there is no Change in Control in the Seller (or in any company of which the Seller is a subsidiary)Seller, unless such Change in Control has been approved by the buyer in terms of this Agreement. Change in Control may include cession of this Agreement to the seller’s affiliates, lender or group of companies in seller’s control or its SPV. Any change in seller’s control (change of ownership, shareholding etc.), shall be subject to the buyer’s SCM rules, National Treasury (if applicable) and such approval shall not be unreasonably withheld.

Appears in 1 contract

Sources: Power Purchase Agreement