Key Person definition

Key Person is each of Borrower’s (a) Chief Executive Officer, who is Xxxxxx Xxxxxx as of the Effective Date, and (b) Chief Financial Officer, who is Xxxxxxx Xxxxx as of the Effective Date.
Key Person is Borrower’s Chief Executive Officer, who is Xxxxx Xxxxx as of the Effective Date.
Key Person is each of Borrower’s Chief Executive Officer and Chief Financial Officer.

Examples of Key Person in a sentence

  • If such Key Person is not replaced within four (4) months, the Company can remove the Service(s) such Key Person was responsible for providing.

  • If such Key Person is not replaced with a Qualified Key Person within one (1) month of such Key Person no longer being employed by the Service Provider, Company shall not be responsible for paying for the value assigned to the Services such Key Person was responsible for until the Key Person has been replaced.

  • If a Key Person shall no longer be employed by the Service Provider, the Service Provider shall replace such Key Person with a Qualified Key Person.


More Definitions of Key Person

Key Person means each of Xxxxxxx X. Xxxxxxx, Xxxx Xxxxxxxx and Xxxxx Xxxxx.
Key Person means Xxxxxx X. Xxxxxx, M.D.
Key Person. “Key Person” means any person, other than a Director or Officer, whether or not an employee of the corporation, who: (i) has responsibilities, or exercises powers or influence over the corporation as a whole similar to the responsibilities, powers, or influence of directors and officers; (ii) manages the corporation, or a segment of the corporation that represents a substantial portion of the activities, assets, income or expenses of the corporation; or (iii) alone or with others controls or determines a substantial portion of the corporation’s capital expenditures or operating budget.
Key Person is any of Borrower’s Chief Executive Officer and Chief Technology Officer who are, as of the Effective Date, Xxxxx Xxxxxx and Xxxxx Xxxxx, respectively.
Key Person means any individual employed by the Applicant Business Concern in a supervisory capacity or empowered to make discretionary decisions with respect to bids and/or contracts with the State of New Jersey. "Key Person" also means any person who owns a beneficial interest of 10% or more in the business concern, and the managing members of limited liability companies and corporate directors and officers (e.g., president, vice presidents, secretary and treasurer.)