Changes in Management definition

Changes in Management means (i) the removal of a majority of the members of the Board of Directors of Kramont or (ii) the termination of the employment of Louix X. Xxxxxx, Xx., xx president and chief executive officer of Kramont, unless the Board of Directors of Kramont, within ninety (90) days of such termination, appoints an individual with qualifications sufficient to serve as the president and chief executive officer of Kramont, such appointment to be subject to the approval of Lender in its sole but reasonable judgment. "CHANGES IN Control" shall mean, (i) with respect to Kramont (A) the issuance in a public offering of shares of voting common stock, or (B) the issuance of units in its Operating Partnership which if fully redeemed into shares of voting common stock of Kramont would in either instance constitute a transfer of more than 50% of the issued and outstanding shares of voting common stock of Kramont and (ii) with respect to a Project, any transfer of ownership in the Project which would result in the Borrower owning less than the 51% of the ownership interest in the Project.
Changes in Management. Notify Lender in writing of any proposed changes in Borrower's senior management including chief executive officer, chief financial officer and general manager, which shall be subject to the approval of the Lender and said approval shall not unreasonably be withheld.
Changes in Management means removal of a majority of the members of the Board of Directors of CV Reit, Inc. or the termination of the employment of the president of CV Reit, Inc. "Changes in Control" shall mean, with respect to CV Reit, Inc.

Examples of Changes in Management in a sentence

  • WorldReginfo - 35d6727f-d380-43ba-b636-eb9cfe08293a(The Information disclosed below outlines major changes to the Company such as asset transfers, M&A, and security offerings) (Important Changes in Management Executives) Following the annual general meeting of shareholders on March 16, 2012, of the three Executive Directors with expiring terms (Gee-Sung Choi, Yoon-Woo Lee, Ju-Hwa Yoon), Yoon-Woo Lee retired and Gee-Sung Choi and Ju- Hwa Yoon were re-appointed.

  • Changes in Management and the Board of DirectorsFollowing the termination of the UPC transaction, Olaf Swantee has informed about his intention to step down as CEO.

  • WorldReginfo - 7c737214-7873-40a1-9e51-af19e2fdf705※ The Samsung Electronics Headquarters address is: 129 Samsung-ro (Maetan-dong), Yeongtong-gu, Suwon-si, Gyeonggi-do(Important Changes in Management Executives) Following the shareholders’ meeting on March 15, 2013, Boo-Keun Yoon, Jong-Kyun Shin, and Sang-Hoon Lee were newly appointed as Executive Directors.

  • Changes in Management or Program Personnel Any change in top management or program personnel must be put in memorandum form and submitted to the Contract Manager within 7 days.

  • Significant Changes in Management of Ocean and Great Lakes Resources Management Category Employed by State or Territory (Y or N)CMP Provides Assistance to Locals that Employ(Y or N) Significant Changes Since Last Assessment (Y or N)Ocean and Great Lakes research, assessment, monitoringYYYOcean and Great Lakes GISmapping/databaseYNYOcean and Great Lakes technical assistance, education, andoutreachYNNOther (please specify) 2.

  • Composition of the governing bodies of the parent entity as of 31 December 2015Management Board President of the BoardAdam KicińskiVice President of the BoardMarcin IwińskiVice President of the BoardPiotr NielubowiczBoard MemberAdam BadowskiBoard MemberMichał NowakowskiBoard MemberPiotr Karwowski Changes in Management Board compositionIn Current Report no.

  • Upon the request of Enterprise, Radiant agrees to discontinue the use of: (i) any Marks being used by Radiant in a manner that is inconsistent with the guidelines set forth above; (ii) any trademark, service mxxx or trade name deemed by Enterprise to create a likelihood of confusion with a Mxxx; or (iii) any Mxxx which may be the subject of a dispute between Enterprise and a third party.

  • Regressions controls for fully interacted year and court dummies.Table A.3: Changes in Management Positions Caused by Bankruptcy Years after decision (t):Panel B.

  • Dependence on Key Personnel; Changes in Management The Company's business is partially dependent upon the performance of certain of its executive officers.

  • Changes in Management In November 2016, we announced a series of changes to our Management, in conformity with the succession process planned and announced to the market over two years ago.

Related to Changes in Management

  • Change Management means the add-on module to the Programs that enables engineers to define network changes through one or more configuration templates. Those network changes can be applied to multiple devices and executed/rolled back automatically. The Change Management module enables engineers to verify the impact of the changes across the network to help ensure a safer change process.

  • Change in Management will occur if more than 50% of the Leadership Team is terminated and/or resigns within 12 months after the date of the occurrence of a Change of Control; provided, in each case, that termination and/or resignation of such officer will not include (i) a change in such officer’s status in the ordinary course of succession so long as such officer remains affiliated with the Manager or its Subsidiaries as an officer or director, or in a similar capacity, (ii) retirement of any officer or (iii) death or incapacitation of any officer.

  • PJM Management means the officers, executives, supervisors and employee managers of PJM.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this chapter, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, oxygen or carbon dioxide concentrations), and to record average operational parameter value on a continuous basis.

  • Floodplain Management means the operation of an overall program of corrective and preventive measures for reducing flood damage, including but not limited to emergency preparedness plans, flood control works and floodplain management regulations.

  • Operational means that the system or sensor, at the time of the event, is active or can be activated/deactivated by the driver.

  • Project Management The individuals appointed by each Party cf. clause 4.1 in the Agreement.

  • Records management Administration of official government records (record linking/association, record storage/archival, document classification, document retirement, digital rights management).

  • Emergency management means lessening the effects of, preparations for, operations during, and recovery from natural, technological or human-caused disasters. These actions are broad in scope and include, but are not limited to: disaster plans, mitigation, preparedness, response, warning, emergency operations, training, exercising, research, rehabilitation, and recovery activities.

  • Quality management means coordinated activities to direct and control an organization with regard to quality;

  • Stormwater management measure means any practice, technology, process, program, or other method intended to control or reduce stormwater runoff and associated pollutants, or to induce or control the infiltration or groundwater recharge of stormwater or to eliminate illicit or illegal non-stormwater discharges into stormwater conveyances.

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Service Management System (SMS) means an off-line system used to access, create, modify, or update information in a Database.

  • Stormwater management means the programs to maintain quality and quantity of stormwater runoff to pre-development levels.

  • disaster management means a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for—

  • Change of Management means that Xxxxx Xxxx’x direct or indirect management responsibilities of Lead Borrower are materially diminished from those held by him as of the Closing Date, in each case, other than as a result of (a) death or (b) physical or mental incapacity.

  • Management means an activity inclusive of control and performed on a daily basis, by any person who is a principal executive officer of the company, by whatever name that person may be designated, and whether or not that person is a director.

  • Construction management at-risk means a project delivery method in which the District awards separate contracts, one for architectural and engineering services to design an infrastructure facility and the second to a construction manager at-risk for both construction of the infrastructure facility according to the design and construction management services.

  • Case management means a care management plan developed for a Member whose diagnosis requires timely coordination. All benefits, including travel and lodging, are limited to Covered Services that are Medically Necessary and set forth in the EOC. KFHPWA may review a Member's medical records for the purpose of verifying delivery and coverage of services and items. Based on a prospective, concurrent or retrospective review, KFHPWA may deny coverage if, in its determination, such services are not Medically Necessary. Such determination shall be based on established clinical criteria and may require Preauthorization.

  • Exit Management means the obligations and rights of the Parties to ensure a smooth transition of the Framework from the Contractor to the Authority or any Replacement Contractor as set out in Clause 44 (Exit Management) and Schedule 8 (Exit Management).

  • Load Management means a Demand Resource (“DR”) as defined in the Reliability Assurance Agreement.

  • Inclusionary development means a development containing both affordable units and market rate units. This term includes, but is not necessarily limited to: new construction, the conversion of a non-residential structure to residential and the creation of new affordable units through the reconstruction of a vacant residential structure.

  • Supplier Operations means all assets, processes and systems (including information systems), data (including Customer data), personnel, and sites, used or processed by Supplier from time to time in the performance of this Agreement.

  • Adverse impact on visibility means visibility impairment which interferes with the management, protection, preservation or enjoyment of the visi- tor’s visual experience of the Federal Class I area. This determination must be made on a case-by-case basis taking into account the geographic extent, in- tensity, duration, frequency and time of visibility impairment, and how these factors correlate with (1) times of vis- itor use of the Federal Class I area, and(2) the frequency and timing of natural conditions that reduce visibility.

  • Business Critical means any function identified in any Statement of Work as Business Critical.