Ownership and Management. Borrower will not permit any change to occur in the ownership or management of any portion of the Premises or the capital stock of Borrower. Within ninety (90) days of the end of each fiscal year of Borrower, Borrower shall furnish to Lender a complete and accurate list of the names and addresses of the then current stockholders.
Appears in 1 contract
Sources: Loan Agreement (Newmark Homes Corp)
Ownership and Management. The Borrower will not permit any change to occur in the ownership or management of any portion of the Premises Premises. The Borrower shall not permit the sale or transfer of more than 49% of the capital stock of ownership interest in the Borrower. Within ninety (90) 90 days of the end of each fiscal year of the Borrower, the Borrower shall furnish to the Lender a complete and accurate list of the names and addresses of the then current stockholdersowners of the Borrower.
Appears in 1 contract
Sources: Loan Agreement (Woodhaven Homes Inc)
Ownership and Management. The Borrower will not permit any change to occur in the ownership or management of any portion of the Premises Premises. The Borrower shall not permit the sale or transfer of more than 49% of the capital stock of ownership interest in the Borrower. Within ninety (90) 90 days of the end of each fiscal year of Borrower, Borrower shall furnish to Lender a complete and accurate list of the names and addresses of the then current stockholders.the
Appears in 1 contract
Sources: Loan Agreement (Woodhaven Homes Inc)