Change of control clause—lease of commercial premises

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Published by a LexisNexis Property expert
Precedents

Change of control clause—lease of commercial premises

Copyright © 2025 LexisNexis

Published by a LexisNexis Property expert

Precedents
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    1. 1

      Change of control

      1. 1.1

        In this clause, the following definitions apply:

        Authorised Controller[s]

        1. •

          [[name] [of OR incorporated in England and Wales (company registration number [number)] and whose registered office is at [address]] [and [name(s)

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Change of control definition
What does Change of control mean?

A change of control of the group (eg the sponsor ceasing to control the group) is typically a mandatory prepayment event. Change of control will be carefully defined and will vary from transaction to transaction.

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