Common use of Existence and Change in Ownership Clause in Contracts

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.

Appears in 1 contract

Sources: Master Lease Agreement (Emeritus Corp\wa\)

Existence and Change in Ownership. Except as otherwise specifically provided herein, Tenant, Subtenant, Manager (if applicable) Subtenant and each Guarantor shall maintain its existence throughout the term of this Lease. Any Lease and any change in the equity ownership of Tenant, Subtenant, Manager (if applicable) Subtenant 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 ’s prior written consent.

Appears in 1 contract

Sources: Master Lease Agreement (Emeritus Corp\wa\)

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 ’s prior written consent.

Appears in 1 contract

Sources: Master Lease Agreement (Capital Senior Living Corp)