Key Principals Clause Samples
The 'Key Principals' clause identifies specific individuals or entities who are essential to the performance or management of an agreement. Typically, this clause lists the names or roles of those whose expertise, reputation, or involvement is critical to the success of the contract, such as founders in a startup or lead project managers in a service agreement. By clearly designating these key persons, the clause ensures that the parties understand who must remain involved, thereby protecting the interests of both sides and reducing the risk of disruption if those individuals are replaced or become unavailable.
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Key Principals. ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ ▇’▇▇▇▇▇▇. Leases: all leases and other agreements or arrangements heretofore or hereafter entered into affecting the use, enjoyment or occupancy of, or the conduct of any activity upon or in, the Property or the Improvements, including any guarantees, extensions, renewals, modifications or amendments thereof and all additional remainders, reversions and other rights and estates appurtenant thereunder.
Key Principals. The definitions of “Key Principals” and “Borrower Representative” and all references to such terms in the Loan Agreement are hereby deleted in their entirety.
Key Principals. If any Key Principal (or any replacement(s) approved by Värde in writing, which approval shall not be unreasonably withheld, conditioned or delayed) shall fail to have a material managerial or administrative role in the transactions contemplated by this Agreement.
Key Principals. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇.
Key Principals. Key Principal Notice Address Percentage ---------------------------------------------------------------------------------------------------------------------------------- Whitehall LP 85 Broad Street ▇▇.▇% ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Officer Fax: 212-357-5505 ---------------------------------------------------------------------------------------------------------------------------------- Rockefeller c/o Richard E. Salomon ▇.▇▇▇▇% Room 5600 30 Rockefeller Plaza New Yor▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇: ▇▇▇-▇▇▇-▇▇▇▇ with a copy to: Milbank Tweed Hadley & McCloy One Chase Manhattan P▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇: ▇▇▇▇▇ ▇▇▇▇▇▇ Fax: 212-530-52▇▇ ---------------------------------------------------------------------------------------------------------------------------------- Tishman Speyer 520 Madison Avenue ▇.▇▇▇▇% ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Fax: 212-319-▇▇▇▇ with a copy to: Davis Polk & Wardwell 450 Le▇▇▇▇▇▇▇ ▇▇enu▇ New Yor▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇: ▇▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇. Fax: 212-▇▇▇-▇▇▇▇ ----------------------------------------------------------------------------------------------------------------------------------
Key Principals s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ The exhibits and schedules to the Asset Purchase Agreement are listed below. Upon request, Warwick Valley Telephone Company will furnish supplementally a copy of any schedule or exhibit to the Securities and Exchange Commission.
Key Principals. While further analysis and community input will be necessary to determine the precise nature (i.e., whether it is a community foundation, a public benefit corporation, etc.) and the role of the BVHP Representative Entity, as well as its relationship to the Agency, the BVHP Representative Entity will be formed according to the following key principles:
(a) The governing body will have meaningful community representation, with members recruited and selected through an open and fair public process;
(b) As a quasi-public body, the BVHP Representative Entity will operate in conformance with all applicable laws and regulations governing conflicts of interest and open public meetings;
(c) The BVHP Representative Entity will be charged with making recommendations that ensure the BVHP Area and not just a few individuals benefit from the use of the Agency’s net land sale proceeds;
(d) Transparency and public accountability will necessarily guide all operations and actions of the BVHP Representative Entity;
(e) Use of funds will focus on building the capacity of existing community-based entities wherever possible; and
(f) Use of funds will be geared towards leveraging additional outside sources of funds to the maximum extent possible.
Key Principals. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III, an individual, hereby covenants that he shall at all times during the term of this Agreement, if alive, be an active member of Solomon and collectively hold at least a fifty-one percent (51%) equity interest in Solomon and maintain decision making control with respect to Solomon, unless Owner consents to a lesser interest, which consent may be granted or withheld in Owner’s sole and absolute discretion. Notwithstanding the foregoing, in the event that ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III elects to sell, assign or otherwise transfer any of his interest in Solomon, such that he no longer holds at least a fifty-one percent (51%) equity interest in Solomon or does not maintain decision making control over Solomon, then Owner shall not unreasonably withhold its consent to such sale, assignment or transfer provided (a) no uncured Event of Default by Solomon then exists, (b) ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III gives Landlord prior written notice of such sale or assignment, (c) such purchaser, assignee, or transferee shall be a natural person who shall hold and maintain decision making control with respect to Solomon, (d) such assignee, transferee or purchaser has the same or greater financial net worth as ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III (e) such assignee, transferee or purchaser has a demonstrated history of developing facilities comparable to the Project in the State of Georgia, (f) such assignee, transferee or purchaser is not, in Owner’s reasonable discretion, a person known in the community as being of bad moral character, or who has been convicted of a felony in any state or federal court, (g) such assignee, transferee or purchaser is not currently in default with respect to any agreement with Owner or affiliate or subsidiary of Owner, and (h) such assignee, transferee or purchaser, or any entity owned or affiliated with such person, is not currently involved in any dispute and/or litigation with Owner or any of its affiliates or subsidiaries. If all conditions (a) through (h) above are satisfied, then ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III shall be released of any further liabilities or obligations under this Agreement. Any sale, assignment or transfer of ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III’s interest in Solomon without the prior written consent of Owner shall be voidable at Owner’s option.