Common use of Change of Management Clause in Contracts

Change of Management. Permit Xxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx and -------------------- Xxxxxx Xxxxxx at any time not to be active on a substantially full time basis in the affairs of the Borrower by maintaining the positions of President/Chief Operating Officer, Vice President/Secretary and Chairman of the Board, respectively, or their equivalents, provided that the failure of any one or two of such individuals to comply with this Section 7.15 shall not be deemed a violation of this Section 7.15.

Change of Management. Permit Xxxxxx Xxxxxx, Xxxxxxx -------------------- Xxxxxxxx and -------------------- Xxxxxx Xxxxxx at any time not to be active on a substantially full time basis in the affairs of the Borrower by maintaining the positions of President/Chief Operating Officer, Vice President/Secretary and Chairman of the Board, respectively, or their equivalents, provided that the failure of any one or two of such individuals to comply with this Section 7.15 shall not be deemed a violation of this Section 7.15.

Change of Management. Permit Axxxxx Xxxxxx Xxxxxx, Xxxxxxx and Rxxxxxx Xxxxxxxx and -------------------- Xxxxxx Xxxxxx at any time not to be active on a substantially full time basis in the affairs of the Borrower by maintaining the positions of Chairman and Chief Executive Officer and President/Chief Operating Officer, Vice President/Secretary Officer and Chairman of the BoardSecretary, respectively, or their equivalents, provided that the failure of any one or two of such individuals to comply with this Section 7.15 7.14 shall not be deemed a violation of this Section 7.15violation.

Change of Management. Permit Xxxxxx Xxxxxx, Xxxxxx and Xxxxxxx Xxxxxxxx and -------------------- Xxxxxx Xxxxxx at any time not to be active on a substantially full time basis in the affairs of the Borrower by maintaining the positions of Chairman and Chief Executive Officer and President/Chief Operating Officer, Vice President/Secretary Officer and Chairman of the BoardSecretary, respectively, or their equivalents, provided that the failure of any one or two of such individuals to comply with this Section 7.15 shall not be deemed a violation of this Section 7.15violation.

Change of Management. Permit Xxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx and -------------------- Xxxxxx Xxxxxx at any time not to be active on a substantially full time basis in the affairs of the Borrower by maintaining the positions of President/Chief Operating Officer, Vice President/Secretary and Chairman of the Board, respectively, or their equivalents, provided that the failure of any one or two of such individuals to comply with this Section 7.15 shall not be deemed a violation of this Section 7.15.