Ownership and Management. Allow any Borrower to be owned and controlled directly or indirectly by any Person other than the shareholders that own and control such Borrower as of the date of this Agreement.
Ownership and Management. Make or permit to be made any material change in the ownership or executive management of the Borrower; provided, however, that the Borrower shall not be prohibited by this covenant from conducting any public offering of its capital stock.
Ownership and Management. To induce Audi to enter into this Agreement, Dealer represents that the persons identified in the Statement of Ownership and Management, which is attached as Exhibit A, are Dealer's Owners and Executives. Audi is entering into this Agreement in reliance upon these representations, and upon the continued provision by such persons of their personal services in fulfillment of Dealer's obligations under this Agreement. Accordingly, Dealer agrees there will be no change in Dealer's Owners without Audi's prior written consent, and no change in Dealer's Executives without prior notice to Audi.
Ownership and Management. (a) Schedule 3.7(a) attached hereto accurately sets forth the directors and officers of the Buyer as of the date of this Agreement.
Ownership and Management. Permit (a) a Change of Control to occur, (b) Parent to own less than all of the issued and outstanding Capital Stock of Borrower or (c) permit any Person other than the Borrower or another Credit Party to own any of the issued and outstanding capital stock of any Subsidiary.
Ownership and Management. Make or permit to be made any significant change in Gregory S. Frisby's involvement in the management of the Borrower.
Ownership and Management. Make or permit to be made any significant change in Xxxxxxx X. Xxxxxx'x involvement in the management of the Borrower.
Ownership and Management. Make or permit to be made any material change in the ownership or executive management of the Borrower.
