Common use of Change in Management or Control Clause in Contracts

Change in Management or Control. The occurrence of any material management or organizational change in Borrower or in the partners, venturers or members of Borrower, including, without limitation, any partnership, joint venture or member dispute which Lender determines, in its sole and absolute discretion, shall have a material adverse effect on the Loan, on the Property and Improvements, or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan Documents; provided, however, the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; or

Change in Management or Control. The occurrence of any material management or organizational change in Borrower or in the partners, venturers or members of Borrower, including, without limitation, any partnership, joint venture or member dispute which Lender Administrative Agent determines, in its sole and absolute discretion, shall have a material adverse effect on the Loan, on the Property and ImprovementsProperty, or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan Documents; provided, however, the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; or

Change in Management or Control. The occurrence of any material management or organizational change in Borrower or Guarantor or in the partners, venturers or members of BorrowerBorrower or Guarantor, including, without limitation, any partnership, joint venture or member dispute which Lender Administrative Agent determines, in its sole and absolute reasonable discretion, shall have a material adverse effect on the Loan, on the Property and Improvements, or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan DocumentsMaterial Adverse Effect; provided, however, management or organization changes that result from Transfers of direct or indirect interests in Borrower and which are permitted under the foregoing terms and conditions of Section 14.2(b) shall not restrict any of the transactions permitted by the terms of constitute a Default under this Section 9.1213.1(g); or

Change in Management or Control. The occurrence of any material management or organizational change in Borrower or in the partners, venturers or members of Borrower, including, without limitation, any partnership, joint venture or member dispute which Lender determines, in its sole and absolute discretion, shall have a material adverse effect on the Loan, on the Property and Improvements, Loan or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan Documents; provided, however, other that such management or organizational change as may be expressly permitted under the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; orMortgage Loan Documents.

Change in Management or Control. The occurrence of any material management or organizational change in Borrower or in the partners, venturers or members of Borrower, including, without limitation, any partnership, joint venture or member dispute which Lender Administrative Agent determines, in its sole and absolute reasonable discretion, shall have a material adverse effect on the Loan, on the Property and ImprovementsProperty, or on the ability of Borrower or its partners, venturers or members to perform their its obligations under the Loan Documents; provided, however, the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; or

Change in Management or Control. The occurrence of any material ------------------------------- management or organizational change in Borrower or Guarantor, or in the partners, venturers or members of BorrowerBorrower or Guarantor, including, without limitation, any partnership, joint venture or member dispute which Lender determines, in its sole and absolute discretion, shall have a material adverse effect on the Loan, on the Property and and. Improvements, or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan Documents; provided, however, the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; or

Change in Management or Control. The Except as otherwise provided in Section 6.8, the occurrence of any material management or organizational change in Borrower or in the partners, venturers or members of Borrower, including, without limitation, any partnership, joint venture or member dispute which Lender Bondowner Representative determines, in its sole and absolute discretion, shall have a material adverse effect on the Loan, on the Property and ImprovementsProject, or on the ability of Borrower or its partners, venturers or members to perform their obligations under the Loan Documents; provided, however, the foregoing shall not restrict any of the transactions permitted by the terms of Section 9.12; or