Common use of Change of Management or Ownership Clause in Contracts

Change of Management or Ownership. Any direct or indirect change in 50% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 3 contracts

Sources: Lease Agreement (Wells Real Estate Investment Trust Inc), Lease Agreement (Wells Real Estate Investment Trust Inc), Lease Agreement (Wells Real Estate Investment Trust Inc)

Change of Management or Ownership. Any direct or indirect change in 5025% or more of the ownership interest in Tenant shall constitute an assignment of this Lease.

Appears in 2 contracts

Sources: Lease Agreement (Federal Home Loan Bank of Chicago), Lease Agreement (Federal Home Loan Bank of Chicago)