Common use of Management, Ownership Clause in Contracts

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 227 contracts

Samples: Security Agreement (Intelligent Living Inc.), Security Agreement (Cargo Connection Logistics Holding, Inc.), Security Agreement (Nuevo Financial Center, Inc.)

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Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 15 contracts

Samples: Security Agreement (Cyop Systems International Inc), Security Agreement (Mobilepro Corp), Security Agreement (Limelight Media Group Inc)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's ’s willingness to institute and maintain a lending relationship with the Company.

Appears in 10 contracts

Samples: Security Agreement (National Automation Services Inc), Security Agreement (Natural Nutrition Inc.), Security Agreement (Roanoke Technology Corp)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 6 contracts

Samples: Security Agreement (Deep Field Technologies, Inc.), Security Agreement (Ivoice Com Inc /De), Security Agreement (Ivoice Com Inc /De)

Management, Ownership. The Company shall not materially change more than 2 of its top 3 members of its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 4 contracts

Samples: Security Agreement (Wentworth Energy, Inc.), Security Agreement (Wentworth Energy, Inc.), Security Agreement (Wentworth Energy, Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party, which consent may be withheld by the Secured Party in its sole discretion. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 4 contracts

Samples: Security Agreement (Bio One Corp), Security Agreement (Bio One Corp), Security Agreement (Headliners Entertainment Group, Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company. Section 7.4.

Appears in 3 contracts

Samples: Subsidiary Security Agreement, Amended and Restated Security Agreement (Xinhua China LTD), Security Agreement (Xinhua China LTD)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured PartyParty which consent shall not be unreasonably withheld or delayed. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 3 contracts

Samples: Amended and Restated Security Agreement (Ignis Petroleum Group, Inc.), Security Agreement (SaVi Media Group, Inc.), Security Agreement (Ignis Petroleum Group, Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 2 contracts

Samples: Security Agreement (Xsunx Inc), Security Agreement (Xsunx Inc)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the CompanyDebtors.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Charys Holding Co Inc), Securities Purchase Agreement (Charys Holding Co Inc)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with acquire the CompanyConvertible Debentures.

Appears in 1 contract

Samples: Security Agreement (Advaxis, Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the providing prior written consent notification of the Secured PartyParty except by shareholder vote. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Icoa Inc)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.. It is agreed and understood that John King shall not be a member xx xxxxxxment or executive staff covered by this provision

Appears in 1 contract

Samples: Security Agreement (NewGen Technologies, Inc)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management management, including Xxxx X. Xxx and Xxxx Xxxxxx, without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (StrikeForce Technologies Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured PartyParty which shall not be unreasonably withheld. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Earthshell Corp)

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Management, Ownership. The Company shall not materially change its ownership, executive staff or management officers without the prior written consent of the Secured Party, which consent shall not be unreasonably withheld. The ownership, executive staff and management of the Company are material factors in the Secured Party's ’s willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (VIASPACE Inc.)

Management, Ownership. The Except pursuant to the Transaction Documents the Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship acquire the Convertible Debenture with the Company.

Appears in 1 contract

Samples: Security Agreement (Advaxis, Inc.)

Management, Ownership. The Except as set forth in the SPA, the Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Connected Media Technologies, Inc.)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured PartyParty except by shareholder vote. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Icoa Inc)

Management, Ownership. The Company Companies shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company Companies are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the CompanyCompanies.

Appears in 1 contract

Samples: Security Agreement (Cargo Connection Logistics Holding, Inc.)

Management, Ownership. The Except for reasons beyond the Company’s control, the Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Innova Holdings)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party, except for reasons beyond the control of the Company. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Innova Holdings)

Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.The

Appears in 1 contract

Samples: Security Agreement (Viastar Media Corp)

Management, Ownership. The Company shall not materially change its ownership, overall executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.

Appears in 1 contract

Samples: Security Agreement (Teleplus Enterprises Inc)

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