Common use of Control Provisions Clause in Contracts

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.

Appears in 10 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

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Control Provisions. The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person (other than CRTCSC), 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.

Appears in 6 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

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 Collateral Property Owner, subject to the (a) “major decision” consent or approval rights of those minority the limited partners, shareholders or other equity interest holders as non-managing members or representative bodies or advisory bodies of the Administrative Agent may approvePersons that directly and indirectly own the Borrower and (b) the contractual rights of any property manager of one or more Collateral Property(ies).

Appears in 2 contracts

Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

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Control Provisions. The Borrower controls, directly or indirectly, and without the requirement for consent of any other Person (other than CRT)Person, 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.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)

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