Common use of Change in Shareholding Clause in Contracts

Change in Shareholding. If the Lessee is a corporation the shares in which are not quoted on any Stock Exchange in Australia, any change in control of the Lessee (or if the Lessee is a subsidiary, any change in control of its holding company) is taken to be an assignment of the Lessee's interest in this Lease. In this clause:

Change in Shareholding. If the Lessee is a corporation company (other than a company listed on the shares in which are not quoted on any Stock Exchange in Australia, Australian Securities Exchange) then for the purposes of this clause any change in the share capital or voting rights of the Lessee or the Lessee’s immediate or ultimate holding company altering the effective control of the Lessee (or if from that at the Lessee date of commencement of this Lease is a subsidiary, any change in control of its holding company) is taken to be deemed an assignment of the Lessee's interest in this Lease. In this clause:.

Change in Shareholding. If the Lessee is a corporation the shares in which are not quoted on any Stock Exchange in Australia, any change in control of the Lessee (or if the Lessee is a subsidiary, any change in control of its holding company) is taken to be an assignment of the Lessee's ’s interest in this Lease. In this clause: