No Change in Ownership Sample Clauses

No Change in Ownership. The Borrower shall not permit the ownership interest of the Guarantors (and/or any Person who becomes an owner of an interest in the Borrower upon the death of one of the Guarantors through bequest or devise) to be reduced to less than one hundred percent (100%) of the outstanding membership interests of the Borrower.
AutoNDA by SimpleDocs
No Change in Ownership. Nothing in this Agreement changes the ownership of any Patents.
No Change in Ownership. No change shall occur in the ownership of any equity interest in Borrower except for transfers pursuant to and in accordance with the Transaction Documents or in accordance with Section 8.17 hereof.
No Change in Ownership. Nothing in this Restructuring Agreement will be construed to effect a change of ownership interests in real property, as provided in Section 6.1 of the SJPPA, except as may be provided in Sections 7.3.5, 7.4.4, 12.2 and 12.3 of this Restructuring Agreement.
No Change in Ownership or control No Borrower shall permit any change in its beneficial ownership or control from that advised to the Agent at the date of this Agreement and shall procure that all the capital stock of the Borrowers is owned directly or indirectly by the Guarantor and that the present shareholders of the Guarantor shall maintain at all times beneficial ownership or control, directly or indirectly, of at least sixty per centum (60%) of each Borrower’s capital stock.
No Change in Ownership. MedStripes shall remain the owner of any and all proprietary rights in and to the Xxxx, including any revisions, enhancements, modifications, improvements, or derivative works thereof. Nothing in this Agreement shall entitle You to make any claim of ownership to the Software or any upgrade, enhancement, modification, improvement, or derivative work thereof
No Change in Ownership. No Borrower shall, without the prior written consent of the Lender, permit any change in its legal ownership.”;
AutoNDA by SimpleDocs
No Change in Ownership. The Stockholders will continue to be the only stockholders of Lion Golf through the Closing Date.
No Change in Ownership. Intentionally deleted.
No Change in Ownership. The Stockholder will continue to be the only stockholder of the Company through and including the Closing Date.
Time is Money Join Law Insider Premium to draft better contracts faster.