Control of the Borrower Clause Samples

Control of the Borrower. Any Change in Control shall ----------------------- occur.

Control of the Borrower. Any Change in Control shall occur on ----------------------- or after the Effective Date.

Control of the Borrower. Any Change of Control of either Borrower shall occur.

Control of the Borrower the Borrower becomes controlled by any person or persons not controlling it at the date of this Agreement. For the purposes of this clause, ‘control’ in relation to the Borrower means the power to control the composition of the majority of the board of directors of the Borrower or otherwise control its affairs.

Control of the Borrower. Any Change in Control shall occur with respect to the Borrower.

Control of the Borrower. Any Person or two or more Persons acting in concert shall have acquired beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities and Exchange Act of 1934, as amended), directly or indirectly, of securities of the Borrower (or other securities convertible into such securities) representing 20% or more of the combined voting power of all securities of the Borrower entitled to vote in the election of directors, other than securities having such power only by reason of the happening of a contingency; provided, however, that The ▇▇▇ ▇▇▇▇▇▇ Foundation -------- ------- and Persons acting in concert with The ▇▇▇ ▇▇▇▇▇▇ Foundation may acquire an aggregate beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities and Exchange Act of 1934, as amended), directly or indirectly, of securities of the Borrower (or other securities convertible into such securities) representing up to 49% of the combined voting power of all securities of the Borrower entitled to vote in the election of directors, other than securities having such power only by reason of the happening of a contingency; THEN, and in any such event, the Agent shall at the request, or may with the consent, of the Requisite Banks, (i) by notice to the Borrower, declare the Commitments to be terminated, whereupon the same shall forthwith terminate, (ii) by notice to the Borrower, declare (a) the Loans and all interest thereon and (b) all other amounts payable under this Agreement or any of the other Loan Documents to be forthwith due and payable, whereupon the Loans, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrower; and (iii) exercise any other remedies provided under this Agreement or by law; provided that in the event of an Event of Default under Section 7.5, (A) -------- the Commitments shall automatically be terminated and (B) the Loans, all interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrower. Upon acceleration, the Banks and the Agent, or any of them, without notice to or demand upon the Borrower which are expressly waived by the Borrower, may proceed (but only with the consent of Re...

Control of the Borrower. The Guarantor shall cease to own, directly or indirectly, the whole of the outstanding issued share capital of the Borrower.

Control of the Borrower. With respect to the Revolving Loans and the Revolving Loan Commitments, any Change in Control shall occur.

Control of the Borrower. SECTION 8.1.9. Bankruptcy, Insolvency, etc