Existence and Change in Ownership Sample Clauses
The Existence and Change in Ownership clause defines the requirements and procedures related to the continued existence of a party and any changes in its ownership structure. Typically, this clause obligates a party to notify the other party if there is a merger, acquisition, or significant transfer of ownership interests, and may require consent or provide rights to terminate the agreement in such cases. Its core function is to ensure transparency and protect the interests of the parties by addressing potential risks that could arise from changes in control or ownership.
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Existence and Change in Ownership. Tenant, Manager and Guarantor shall maintain its existence throughout the term of this Agreement. Any change in the ownership of Tenant directly or indirectly, shall require Landlord's prior written consent. John ▇▇▇▇▇▇▇▇ ▇▇ Mich▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ transfer his present respective ownership interest (or any part thereof) of Guarantor throughout the term of this Lease, only with Landlord's prior written consent.
Existence and Change in Ownership. Borrower shall, and shall cause Operator and GEN to, maintain its existence throughout the term of this Agreement. Borrower shall not, and shall cause Company, Operator, GEN and their Affiliates to not, effectuate a Restricted Transfer without Lender’s prior written consent, which consent may be withheld in Lender’s sole discretion.
Existence and Change in Ownership. Company, Tenant, Subtenant and each Entity Guarantor shall maintain its existence throughout the term of this Lease. Any change in the equity ownership of Company, Tenant, Subtenant or any Entity Guarantor that results in a change in Control (as defined within the definition of “Affiliate” in §1.4 hereof) of such entity, shall require Landlord’s prior written consent. Any change in Control or equity ownership of LCI Holding Company, Inc., LCI Intermediate Holdco, Inc. or LCI Holdco, LLC shall not be governed by or restricted by any provision of this Lease.
Existence and Change in Ownership. Tenant, Subtenant, Manager (if applicable) and each Guarantor shall maintain its existence throughout the term of this Lease. Any change in the equity ownership of Tenant, Subtenant, Manager (if applicable) or any Guarantor, directly or indirectly, that results in a change in Control (as defined within the definition of "Affiliate" in § 1.4 hereof) of such entity, shall require Landlord's prior written consent.
Existence and Change in Ownership. Except as otherwise specifically provided herein or in §14.5, Tenant shall maintain its existence throughout the term of this Lease. Any change in the equity ownership of Tenant, directly or indirectly, that results in a change in Control (as defined in the definition of Affiliate in §1.4 hereof) of such entity shall require Landlord’s prior written consent.
Existence and Change in Ownership. Company, Tenant, Subtenant and each Entity Guarantor shall maintain its existence throughout the term of this Lease. Any change in the equity ownership of Company, Tenant, Subtenant or any Entity Guarantor that results in a change in Control (as defined within the definition of “Affiliate” in §1.4 hereof) of such entity, shall require Landlord’s prior written consent. Any change in Control or equity ownership of LCI Holding Company, Inc., LCI Intermediate Holdco, Inc., LCI Holdco, LLC or LifeCare Holdings, Inc. shall not be governed by or restricted by any provision of this Lease.
Existence and Change in Ownership. Each Tenant shall maintain its respective existence throughout the Term. Any change in the ownership of Tenant, directly or indirectly, in whole or in part, shall require Landlord's prior written consent. Landlord's consent to a change in ownership may be given or withheld in Landlord's sole discretion.
Existence and Change in Ownership. Tenant shall maintain its existence throughout the term of this Agreement. Until the IPO is completed, any change in the ownership interest of Stev▇▇ ▇. ▇▇▇▇, ▇▇mo▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇ any Related Company in Tenant, directly or indirectly, other than any change in ownership relating to the IPO, shall require Landlord's prior written consent.
Existence and Change in Ownership. Tenant and Subtenant shall each maintain its existence throughout the term of this Lease. Any change in the ownership of Subtenant shall require Landlord’s prior written consent, which shall not be unreasonably withheld.”
Existence and Change in Ownership. Except as provided in Section 14.5, Tenant, Manager, and Company shall maintain its existence throughout the term of this Lease. Any change in the ownership of Tenant or Manager, directly or indirectly, shall require Landlord's prior written consent. A change in the ownership of Company shall not constitute an indirect change in the ownership of Tenant or Manager. Landlord's consent to a change in ownership shall not be unreasonably withheld with respect to Tenant or Manager.