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Summarize the change-of-control clause in the attached agreement.

The change-of-control clause in section 12.3 provides that acquiring more than 50% of voting rights triggers prior notice to the lender within thirty days [1].

Without the lender's express consent, the change may become an event of default allowing acceleration [2]. An intra-group exception applies if the new controlling entity remains governed by French law [3].

Workflow · Change-of-control reviewfinal-acquisition-agreement.pdf
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