Common use of Existence and Change in Ownership Clause in Contracts

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.

Appears in 3 contracts

Sources: Master Lease Agreement (LifeCare Holdings, Inc.), Master Lease Agreement (LifeCare Holdings, Inc.), Master Lease Agreement (LifeCare Holdings, Inc.)