Common use of Change in Management or Control Clause in Contracts

Change in Management or Control. Either ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and shall not be succeeded in such position or other comparable position acceptable to the Lenders, within sixty (60) days by a Person acceptable to the Lenders or there shall occur a Change of Control; or

Appears in 2 contracts

Sources: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)

Change in Management or Control. Either Both ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and neither shall not be succeeded in such position or other comparable position acceptable to the Majority Lenders, within sixty (60) days by a Person acceptable to the Lenders Majority Lenders; or there shall occur a Change of Control; or

Appears in 1 contract

Sources: Credit Agreement (BreitBurn Energy Partners L.P.)

Change in Management or Control. Either Both ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ shall cease or fail for any reason to serve and function as Co-CEO of BreitBurn GP LLC and neither shall not be succeeded in such position or other comparable position acceptable to the Majority Lenders, within sixty (60) days by a Person acceptable to the Lenders Majority Lenders; or there shall occur a Change of Control; or

Appears in 1 contract

Sources: Credit Agreement (BreitBurn Energy Partners L.P.)