Control Provisions. The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person (other than CRT), the management of each Borrowing Base Property Owner, subject to the rights of those minority or other equity interest holders as the Administrative Agent may approve.
Control Provisions. (a) The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Borrower Subsidiary.
Control Provisions. (a) Except with respect to Michigan 30, the MARC Principals control, directly or indirectly, and without the requirement for consent of any other Person, the management of each Property and Property Owner.
Control Provisions. (a) The MARC Principals and its Affiliates control, directly or indirectly, and without the requirement for consent of any other Person, the management of the Borrower, the Property Owner and the Property.
Control Provisions. (1) NMLP, controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each NMLP Subsidiary.
Control Provisions. ANNUITANT, CONTINGENT ANNUITANT AND CERTIFICATE OWNER(S) The Annuitant may not be changed. The designations of Certificate Owner and Contingent Annuitant will remain in effect until changed by the Certificate Owner. Changes in the designation of the Certificate Owner may be made during the lifetime of the Annuitant by written notice to us. Changes in the designation of Contingent Annuitant may be made at any time prior to the Annuity Commencement Date by written notice to the Company. Notwithstanding the foregoing, if no Contingent Annuitant has been named and the Certificate Owner/Annuitant's spouse is the Beneficiary, it will be assumed that the Certificate Owner/Annuitant's spouse is the Contingent Annuitant. A Certificate Owner who is a non-natural person may not designate a Contingent Annuitant. The Certificate Owner has the sole power to exercise all the rights, options and privileges granted by this Certificate or permitted by the Company and to agree with the Company to any change in or amendment to the Certificate. The rights of the Certificate Owner shall be subject to the rights of any assignee of record with the Company and of any irrevocably designated Beneficiary. In the case of joint Certificate Owners, each Certificate Owner alone may exercise all rights, options and privileges, except with respect to the Surrender Provisions and change of ownership or beneficiary. If the Certificate Owner dies on or after the Annuity Commencement Date, then the Joint Certificate Owner, or if none, the Annuitant, becomes the Certificate Owner.
Control Provisions. The applicable Shelbourne OP controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Collateral Property Owner.
Control Provisions. The Borrower will not without the ------------------- prior written consent of the Lender (a) purport to charge, sell, assign, factor, discount or otherwise dispose of, or permit to subsist any charge or lien over, the Accounts in favour of any other Person and shall if called upon to do so by the Lender execute a legal assignment of the Accounts to the Lender; (b) permit or agree to any variation of the rights attaching to the Accounts or any of them; (c) release, exchange, compound, set-off, grant time or indulgence in respect of or in any other matter deal with all or any of the Accounts save as herein expressly provided; and (d) withdraw any of the Collateral from the Security Interest.
Control Provisions. The Members acknowledge that the Company is the sole shareholder of Hotelco and that the operations of Hotelco will be directed by the Members through the Company and its officers and directors. The Members agree that the terms and provisions of this Agreement concerning the control and management of the Company apply equally to the control and management of Hotelco. Further, the Members agree that the limitations of Article V shall apply to the director of Hotelco. Quebec City shall undertake to have the corporate charter and bylaws of Hotelco amended to reflect the limitations set forth in Article V.
Control Provisions. (a) Except as set forth on Schedule 6.10, the Borrower controls, directly or indirectly, and without the requirement for consent of any other Person, the management of each Borrower Subsidiary.
