Common use of Maintenance of Management Clause in Contracts

Maintenance of Management. Borrower will cause its business to be continuously managed by its present management or such other persons (serving in such management positions) as may be reasonably satisfactory to Bank.

Appears in 3 contracts

Samples: Revolving Credit Loan and Security Agreement (Resource America Inc), Revolving Credit Loan Agreement (Resource America Inc), Revolving Credit Loan and Security Agreement (Resource Asset Investment Trust)

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Maintenance of Management. Borrower will cause its business to be continuously managed by its present officers and senior management or such other persons Persons (serving in such management positions) as may be reasonably satisfactory to BankAgent.

Appears in 1 contract

Samples: Loan Agreement (JPM Co)

Maintenance of Management. Borrower Borrowers will cause its their business to be continuously managed by its their present management or such other persons (serving in such management positions) as may be reasonably satisfactory to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Adage Inc)

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Maintenance of Management. Borrower will cause its business to be continuously managed by a majority of its present executive management or such other persons (serving in such management executive positions) as may be reasonably satisfactory to BankAgent.

Appears in 1 contract

Samples: Loan and Security Agreement (Todays Man Inc)

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