Control of Seller. So long as the Notes remain outstanding, the Originator will not (i) sell, pledge or otherwise transfer any membership interest in the Seller held by the Originator or any capital stock of IKON Receivables Funding Inc. (the manager of the Seller and the Issuer) held by the Originator or (ii) vote such membership interests in the Seller in favor of any amendment to or alteration of the certificate of formation or limited liability company agreement of the Seller or any such capital stock of IKON Receivables Funding Inc. in favor of any amendment to or alteration of the certificate of incorporation or by-laws of the Manager.
Control of Seller. 33 8.03 Financial and Business Information......................................................................... 33 8.04 Officers' Certificates..................................................................................... 35
Control of Seller. 31 8.03 Financial and Business Information................................31 8.04
Control of Seller. Following the Plaintiff’s acquisition of the Purchased Management Stock, the Plaintiffs will own and control a majority of the Seller’s stock and in accordance with the Seller’s Articles and Bylaws, the Plaintiff will have voting control and the right to control the operations and actions of the Seller.
Control of Seller. At all times prior to and following Project COD, the Seller, and the managing member or manager of the Seller, as applicable, shall be a Person that is qualified, financially sound and (i) has at least two (2) years’ experience and capability involving the ownership and/or operation of comparable energy storage facilities of a size equal to or greater than the Project; or (ii) has engaged an operator to operate the Project with at least two (2) years’ experience and capability involving the operation of comparable energy storage facilities of a size equal to or greater than the Project; provided, however, that the Parties may agree to a different standard in a Consent Agreement with any Lender.
Control of Seller. So long as the Indenture remains in effect, the Originator will not (i) sell, pledge or otherwise transfer any membership interest in the Seller held by the Originator or any capital stock of IKON Receivables Funding, Inc. (the manager of the Seller and the Issuer) held by the Originator or (ii) without the prior written consent of the Insurer (so long as no Insurer Default shall have occurred and is continuing), vote such membership interests in the Seller in favor of, or permit or agree to, any amendment to or alteration of the certificate of formation or limited liability company agreement of the Seller, or vote any such capital stock of IKON Receivables Funding, Inc. in favor of any amendment to or alteration of the certificate of incorporation or by-laws of the Manager.
Control of Seller. So long as any of the Notes or the other obligations secured by the Indenture remain outstanding, the Originator will not (i) sell, pledge or otherwise transfer any of its stock in the or (ii) vote its shares in favor of any amendment to or alteration of the articles of incorporation [or the bylaws (if amending or altering such bylaws would cause a material adverse effect] of the Seller.
Control of Seller. Nothing in this Agreement shall be construed to permit the Buyer to assume, or the Seller to abdicate, control over the Licenses between the date of this Agreement and the Closing Date.
Control of Seller. [ ] is solely ----------------- controlled by [ ] as the sole trustee of the trust.
Control of Seller. So long as any of the Notes or the other obligations secured by the Indenture remain outstanding, the Originator will not sell, pledge or otherwise transfer any of the ownership interest in the Seller held by the Originator.
