Key Person definition

Key Person is each of Borrower’s (a) Chief Executive Officer, who is Xxxxxx Xxxxxx as of the Effective Date, and (b) Chief Financial Officer, who is Xxxxxxx Xxxxx as of the Effective Date.

Key Person is Borrower’s Chief Executive Officer, who is, as of the Effective Date, Xxxx Xxxxxx.

Key Person is each of Borrower’s Chief Executive Officer and Chief Financial Officer.

Examples of Key Person in a sentence

• For the purposes of this provision, a Key Person is a principal, officer, or employee assigned to this Contract, or owner (directly or indirectly, through one or more intermediaries) of ten percent or more of the voting power or equity interests of CONTRACTOR.

• If at any time, a particular Key Person cannot be made available, the Service Provider may engage a replacement who is equally or better qualified to perform the stated duty, subject to the Employer’s approval, which approval shall not be unreasonably withheld.

• No Key Person position shall remain vacant for a period more than 30 days following Contracting Officer approval of a change in Key Personnel.

• Any such replacement must have substantially equivalent or better qualifications than the Key Person being replaced.

• No Key Person or other Person shall have any claim to be granted any Award under the Plan.

More Definitions of Key Person

Key Person means each of Rxxxxx Xxxxxxxx and Sxxxxx Xxxxxxxxxxxxx.

Key Person means the Chief Executive Officer, President and Chief Financial Officer of Borrower Representative.

Key Person means Xxxxxx X. Xxxxxx, M.D.

Key Person is any of Borrower’s Chief Executive Officer and/or Chief Financial Officer, who are, as of the Effective Date, Xxxx Xxxx and Xxxxxxx Xxxxx, respectively.

Key Person. “Key Person” means any person, other than a Director or Officer, whether or not an employee of the corporation, who: (i) has responsibilities, or exercises powers or influence over the corporation as a whole similar to the responsibilities, powers, or influence of directors and officers; (ii) manages the corporation, or a segment of the corporation that represents a substantial portion of the activities, assets, income or expenses of the corporation; or (iii) alone or with others controls or determines a substantial portion of the corporation’s capital expenditures or operating budget.

Key Person means Borrower’s Chief Executive Officer, who is, as of the Effective Date, Xxxxxxxxxxx Xxxx.

Key Person means any individual employed by the Applicant Business Concern in a supervisory capacity or empowered to make discretionary decisions with respect to bids and/or contracts with the State of New Jersey. "Key Person" also means any person who owns a beneficial interest of 10% or more in the business concern, and the managing members of limited liability companies and corporate directors and officers (e.g., president, vice presidents, secretary and treasurer.)