Crisis Manager definition
Examples of Crisis Manager in a sentence
After the Borrower's retention of the Crisis Manager, any such plan shall be prepared by or under the supervision of the Crisis Manager.
Crisis Manager............................................................
After the Borrower's retention of the Crisis Manager, such plan shall be prepared by or under the supervision of the Crisis Manager.
The Borrower shall have retained (subject to Bankruptcy Court approval) the Crisis Manager to perform the functions set forth in subsection 8.18 and the Agent and the Lenders shall have received an engagement letter for the Crisis Manager in form and substance satisfactory to the Agent and the Required Lenders.
The final decision on the payment of ▇▇▇▇▇▇ or extortion or the concession to other demands issued through hostage taking or extortion shall be made by the Crisis Manager.
The Borrower shall permit the Crisis Manager access at all times to all information of the Borrower, whether financial in nature or otherwise, necessary, for the Crisis Manager to perform its duties hereunder and under its terms of engagement by the Borrower.
The Crisis Manager shall resign or be terminated or such manager's powers shall be modified or curtailed in any material respect in the sole judgment of Lender from those set forth in the initial engagement agreement required to be approved by Lender or ▇▇▇▇▇, Day, ▇▇▇▇▇▇ & ▇▇▇▇▇ shall cease to be general bankruptcy and corporate counsel to Borrowers in the Chapter 11 Cases or its responsibilities shall be limited, in any such event without the consent of Lender.
It is the duty of the Crisis Manager to manage the problem, making sure the appropriate resources are being applied, that proper notifications are made and continuous status updates are communicated.
Employee shall serve as the Chief Operating Officer and Crisis Manager of PCL.
The Crisis Manager's terms, conditions and compensation shall be subject to reasonable modification at the request of Crisis Manager if and when the Orderly Plan is implemented.