Common use of Operations Clause in Contracts

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 281 contracts

Samples: Business Loan Agreement (Amtd Idea Group), Business Loan Agreement (Ames National Corp), Business Loan Agreement (Heritage Global Inc.)

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Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; and conduct its business affairs in a reasonable and prudent mannermanner and in compliance with all applicable federal, state and municipal laws, ordinances, rules and regulations respecting its properties, businesses and operations.

Appears in 3 contracts

Samples: Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent mannermanner .

Appears in 3 contracts

Samples: Business Loan Agreement (Lodging Fund REIT III, Inc.), Business Loan Agreement (Landmark Bancorp Inc), Business Loan Agreement (Category 5 Technologies Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in In executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 3 contracts

Samples: Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc), Business Loan Agreement (Ivt Software Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management managerial personnel; provide written notice to Lender of any change in executive and management managerial personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 2 contracts

Samples: Business Loan Agreement (Asset Based) (TSS, Inc.), Business Loan Agreement (Asset Based) (TSS, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any material change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 2 contracts

Samples: Business Loan Agreement (Willdan Group, Inc.), Business Loan Agreement (Asset Based) (Willdan Group, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; and conduct its business affairs in a reasonable and prudent manner.

Appears in 2 contracts

Samples: Business Loan Agreement (CarePayment Technologies, Inc.), Business Loan Agreement (Western Capital Resources, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 2 contracts

Samples: Business Loan Agreement (LSB Industries Inc), Business Loan Agreement (Champion Industries Inc)

Operations. Maintain executive and senior management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and senior management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Signature Group Holdings, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender Bank of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Credit Agreement

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written xx xxxxx notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Shells Seafood Restaurants Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change changes in executive and management personnel; conduct its business affairs in a reasonable and prudent manner."

Appears in 1 contract

Samples: Business Loan Agreement (Newport Corp)

Operations. Maintain executive and senior management personnel with substantially the same qualifications and experience as the present executive and senior management personnel; provide written notice to Lender of any change in executive and senior management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Signature Group Holdings, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; personnel provide written notice to Lender of any change changes in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Elecsys Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnelpersonnel or as reported in the SEC Reports; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (LiveOne, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner, except where the failure to so conduct its business affairs would not reasonably be likely to have a material adverse effect on Borrower’s financial condition, operations or assets.

Appears in 1 contract

Samples: Business Loan Agreement (Niku Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.affairs

Appears in 1 contract

Samples: Business Loan Agreement (California Beach Restaurants Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; , provide written notice to Lender of any change in executive and management personnel; personnel and conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Isecuretrac Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Dicon Fiberoptics Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and end prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.. BUSINESS LOAN AGREEMENT (Continued) 7

Appears in 1 contract

Samples: Business Loan Agreement (VCG Holding Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnelpersonnel ; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (AmpliTech Group, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.conduct

Appears in 1 contract

Samples: Business Loan Agreement (Accelgraphics Inc)

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Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and an management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Petmed Express Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.business

Appears in 1 contract

Samples: Loan Agreement (Hemacare Corp /Ca/)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; , provide written notice to Lender of any change in executive and management personnel; , and conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Advanced Life Sciences Holdings, Inc.)

Operations. Maintain executive and management personnel with substantially sub­stantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender Holder of any change in executive and management personnel; personnel and conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Promissory Note Amendment (Microhelix Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.its

Appears in 1 contract

Samples: Business Loan Agreement (Litronic Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; , conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Loan Agreement (Coeur D Alenes Co /Ia/)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management managerial personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Husker Ag Processing LLC)

Operations. Maintain executive and management personnel with substantially at least the same qualifications and experience experience, in the aggregate, as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Zoltek Companies Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent mannermanor.

Appears in 1 contract

Samples: Business Loan Agreement (Interwoven Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnelthe offices of Chief Executive Officer (CEO), Chief Operating Officer (COO) and/or Chief Financial Officer (CFO)); conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Bona Film Group LTD)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (LiveXLive Media, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to ta Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Dougherty's Pharmacy, Inc.)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to Lender of any change in executive and management personnel; personnel conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Versant Corp)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; : provide written notice to Lender of any change in executive and management personnel; : conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Business Loan Agreement (Asset Based) (Gse Systems Inc)

Operations. Maintain executive and management personnel with substantially the same qualifications and experience as the present executive and management personnel; provide written notice to the Lender of any change in executive and management personnel; conduct its business affairs in a reasonable and prudent manner.

Appears in 1 contract

Samples: Equity and Business Loan Agreement (NKGen Biotech, Inc.)

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