Control Change. Notwithstanding subsections 5.2(d) above, if within twelve months after a Control Change the Employee’s employment is terminated by the Corporation (other than for Just Cause) or by the Employee for Good Reason, the Corporation shall pay, on the date of termination, to or to the order of the Employee by certified check the aggregate of the following amounts:
Control Change. (a) If a Control Change shall occur, then all rights and obligations of the parties under this Agreement shall terminate upon such occurrence except that
Control Change. If the Managing General Partner becomes a Terminated Partner or commits a Removal Default, the Xxxx-Xxxx Limited Partner may appoint a Co-General Partner, and such Co-General Partner may elect to become the Managing General Partner and to assume the Managing General Partner's authority and responsibilities under this Agreement as provided in Section 7.9.5 (subject to Section 5.9). If the Managing General Partner has committed a Performance Default with respect to an Investment or a Property, the Xxxx-Xxxx Limited Partner shall have the rights with respect to such Investment or Property set forth in Sections 5.10(ii) and 7.9.5 (including the appointment of a Co-General Partner to take all actions with respect to such Investment or Property on behalf of the Partnership, with the Managing General Partner having no further Approval rights with respect to such Investment or Property except those set forth in Section 5.1.6.1).
Control Change. In case according to the reasonable judgment of either Party, the ability of the Shipper to fulfill its financial obligations under the Contract is expected to be affected as a result of the change in its control structure, the referred Party may request the revision or modification, if appropriate, of the Letter of Guarantee in Annex 2. The Parties shall meet amicably to agree on the referred modification within at least two weeks following such change or possible change in control structure (in line with 9.6(ii)). In case Parties fail to reach an agreement in such two week period, either of the Parties may submit the issue as per Article 13 for resolution. The notifications regarding change in control shall be made according to item (a) or (b) below: In case the Shipper thinks that there is a possibility for a change in control structure, it shall notify such change to the Transporter in the possible shortest time, which shall not be less than 4 weeks before the date when the change in control is expected to take effect; or In case the change in control structure occurs in a manner that does not allow the Shipper to notify the Transporter as per Article 9.6(ii)(a), the Shipper shall inform the Transporter of such change immediately when it becomes aware of such change. In case the Shipper can not inform the Transporter as per Article 9(ii) and can not submit the alternative guarantee requested by the Transporter to ensure that it can fulfill its financial obligations under the Contract within 14 days following the request (such guarantee shall at least be equal to the guarantee that was in place before the change in control structure); The Transporter shall be entitled to immediately cancel the Contract on the condition to notify the Shipper in writing.
Control Change. Purchaser shall notify Seller by first class and certified mail or any change of ownership of Purchaser, if Purchaser is incorporated, the surviving corporation of a merger, share exchange, asset sale, or any other control change shall have all of the liabilities of Purchaser. Purchaser 12/25/92 /s/ Xxxxxx Xxxxxxxxxx ------------------------------ --------------------------------- Date (Type or Print Name of Purchaser) /s/ Illegible By: ------------------------------ ------------------------------ Sales Representative of Seller Printed name: -------------------- Title: --------------------------- Date: ---------------------------- INDIVIDUAL PERSONAL GUARANTY
Control Change. Analysis Based on the detailed description of the changes and review thereof by the parties in negotiation meetings, designated CLC personnel will:
Control Change. (a) A Shareholder must immediately notify each other Shareholder and the board of any change in the effective control of that Shareholder.
Control Change. If there is a Control Change in the Borrower.
Control Change if at any moment during the validity of this Contract, there is a Change of Control relating to the Borrower or to any Affiliate, unless the Financial Institutions provide prior written authorization for the corresponding operation, as communicated through the Agent; and
Control Change. A change of control in any of the Companies, AGI Subsidiaries, ALFC Subsidiaries, or Mutual Subsidiaries which results in a majority interest being held by a person or entity other than one of the Companies, AGI Subsidiaries, ALFC Subsidiaries, or Mutual Subsidiaries, shall automatically terminate that company's participation in this Agreement and all funds invested in the Cash Concentration Fund ("CCF") by that company will be immediately returned to any company terminated by this paragraph.
