Ownership and Management. Allow Borrower to be owned and controlled directly or indirectly by any person or entity other than the members and senior management that own and control Borrower as of the date of this Agreement.
Appears in 2 contracts
Samples: Finance Agreement (White River Capital Inc), Finance Agreement (White River Capital Inc)
Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any person or entity Person other than the members and senior management shareholders that own and control such Borrower as of the date of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Thaxton Group Inc), Loan and Security Agreement (Carbiz Inc)
Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any person or entity Person other than the shareholders, members and senior management that own and control such Borrower as of the date of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP), Loan and Security Agreement (1st FRANKLIN FINANCIAL CORP)
Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any person or entity Person other than the members existing shareholders and senior management that own and control such Borrower as of the date of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (C & F Financial Corp), Loan and Security Agreement (C & F Financial Corp)
Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any person or entity Person other than the members existing shareholders and senior senior, management that own and control such Borrower as of the date of this Agreement.
Appears in 1 contract
Ownership and Management. Allow any Borrower to be (a) owned and and/or controlled directly or indirectly by any person or entity Person other than the members and senior management that own and control Borrower equity holders as of the date of this AgreementAgreement or (b) managed by any Person other than Senior Management as of the date of this Agreement and replacements reasonably acceptable to Agent.
Appears in 1 contract
Samples: Loan and Security Agreement (CompuCredit Holdings Corp)