Common use of Ownership Threshold Clause in Contracts

Ownership Threshold. Promptly notify Lender upon determining the identity of any shareholder of Parent who owns 10% or more of the outstanding equity interests in Parent. All of the foregoing notices shall be provided by such Borrower to Lender in writing.

Ownership Threshold. Promptly notify Lender upon determining the identity of any shareholder of Parent who owns 10% or more of the outstanding equity interests in Parent. Parent All of the foregoing notices shall be provided by such Borrower to Lender Administrative Agent in writing.