Common use of Change in Management Clause in Contracts

Change in Management. The Borrower shall not permit any Change of Management. For purposes of this Section 7.2.7, “Change of Management” shall mean that any of Xxxx Xxxxxx Xxxxxxxx, Xx., Xxxxxx Xxxxxx Xxxxx or Xxxxx Xxxx Xxxxxxx cease to be the Chief Executive Officer, the President, or the Chief Financial Officer, respectively, of the Parent (except as a result of the death or disability of such Person) and a successor reasonably acceptable to the Administrative Agent and the Required Lenders is not appointed within one hundred eighty (180) days thereafter.

Change in Management. The Borrower shall not permit any Change of Management. For purposes of this Section 7.2.7, “Change of Management” shall mean that any of Xxxx Xxxxxx Xxxxxxxx, Xx., Xxxxxx Xxxxxx Xxxxx or and Xxxxx Xxxx Xxxxxxx cease to be the Chief Executive Officer, the President, President or the Chief Financial Officer, respectively, of the Parent (except as a result of the death or disability of such Person) and a successor reasonably acceptable to the Administrative Agent and the Required Lenders is not appointed within one hundred eighty (180) days thereafter.

Change in Management. The Borrower shall not permit any Change of Management. For purposes of this Section 7.2.7, “Change of Management” shall mean that any of Xxxx Jxxx Xxxxxx Xxxxxxxx, Xx., Xxxxxx Sxxxxx Xxxxxx Xxxxx or Xxxxx and Dxxxx Xxxx Xxxxxxx Gxxxxxx cease to be the Chief Executive Officer, the President, President or the Chief Financial Officer, respectively, of the Parent (except as a result of the death or disability of such Person) and a successor reasonably acceptable to the Administrative Agent and the Required Lenders is not appointed within one hundred eighty (180) days thereafter.