Common use of Ownership and Management Clause in Contracts

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. 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 an initial public offering of its capital stock.

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, or from issuing its capital stock pursuant to the terms of the Convertible Notes, the warrants issued in connection with the Convertible Notes, or the warrants issued to certain investors in September, 1999.