Common use of Change of Management or Ownership Clause in Contracts

Change of Management or Ownership. Any direct or indirect transfer --------------------------------- of 50% or more of the ownership interest in Tenant (a "Change of Control") shall ----------------- constitute an assignment of this Lease, provided that the foregoing shall not apply so long as Tenant's stock is publicly held and traded through a national stock exchange or NASDAQ.

Appears in 1 contract

Sources: Lease (Ydi Wireless Inc)

Change of Management or Ownership. Any direct or indirect transfer --------------------------------- of 50% or more of the ownership interest in Tenant (a "Change of Control") shall ----------------- constitute an assignment of this Lease, provided that the foregoing shall not apply so long as Tenant's ’s stock is publicly held and traded through a national stock exchange or NASDAQ.

Appears in 1 contract

Sources: Lease Termination Agreement (Proxim Corp)