Common use of Management Control Clause in Contracts

Management Control. Neither the Borrowers nor any Subsidiary of the Borrowers shall (a) enter into any management agreement with any Person that gives such Person the right to manage any business owned by the Borrowers or such Subsidiary, (b) directly or indirectly pay or accrue to an entity any sum or property for fees for management or similar services rendered in connection with the operation of a business, or (c) undergo a Change in Control.

Management Control. Neither the Borrowers Borrower nor any Subsidiary of the Borrowers shall (a) enter into any management agreement with any Person that gives such Person the right to manage any business owned by the Borrowers Borrower or such Subsidiary, or (b) directly or indirectly pay or accrue to an entity any sum or property for fees for management or similar services rendered in connection with the operation of a business, or (c) undergo a Change in Control.

Management Control. Neither the Borrowers Borrower nor any Subsidiary of the Borrowers Borrower shall (a) enter into any management agreement with any Person that gives such Person the right to manage any business owned by the Borrowers Borrower or such Subsidiary, or (b) directly or indirectly pay or accrue to an entity any sum or property for fees for management or similar services rendered in connection with the operation of a business. This Section 9.7 is not intended to prohibit the payment of earnouts in connection with an Acquisition, or (c) undergo a Change in Controlall of the terms of which are otherwise permitted by this Agreement.