Management Change definition
Management Change means the occurrence of any event or the making of any changes affecting the structure of a Fund, its management, its material service providers, its reputation or solvency and/or the structure of, or rights attaching to, any shares in the capital of a Fund, which, in the reasonable opinion of the Calculation Agent is likely to have a significant impact on the value of the Fund Interests of such Fund, whether immediately or later;
Management Change means that (i) the Chief Executive Officer of the Company (or, if (x) the Company becomes a subsidiary of any other company, the Chief Executive Officer of the Company's ultimate parent company, or (y) if clause (x) does not apply and the Company has been merged or consolidated or has sold all or substantially all of its assets, the Chief Executive Officer of the acquiring or surviving company) is not ▇▇▇▇ ▇.
Management Change means the termination or replacement of either the current Chief Executive Officer or Chief Operating Officer followed by the hiring or selection of a replacement for either such position during the term of this Agreement. The effective date of a Management Change shall be the date the Company employs or selects a replacement for either the current Chief Executive Officer or Chief Operating Officer.
Examples of Management Change in a sentence
The review shall include all reporting elements of the Service Management processes including but not limited to: Performance Monitoring; Capacity Management; Availability Management; Financial Management and Billing; Incident Management; Problem Management; Change and Release Management; and Configuration, Asset and Inventory Management.
More Definitions of Management Change
Management Change. Failure for any reason of ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ to ----------------- devote a substantial amount of his respective time to the management and operation of the Company's and its subsidiaries' rural telephone business, unless within 60 days of such Person ceasing to devote such time to the management and operation of such business an individual has been designated to replace such Person by MJD Partners and such individual has been agreed to by the Investor Stockholders in their sole discretion.
Management Change means, with respect to each Client, the assignment (as such term is defined in the Investment Advisers Act of 1940 and, as applicable, the Investment Company Act of 1940) of its IAA resulting from the change in control of the Company and its Subsidiaries pursuant to this Agreement.
Management Change shall occur if any of ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ or any of their respective successors ceases to be employed by the Company in their respective positions as of the date hereof and a successor, who is reasonably satisfactory to the holders of a majority of the Underlying Common Stock, is not employed by the Company within 60 days of such cessation of employment.
Management Change means the assignment of each of the Funds’ management services, investment advisory or investment management agreements (including the rights of ACM as “Manager” of ASI Hark III Series Fund, LLC) from ACM to the Buyer or one of its Affiliates;
Management Change means a change in the persons comprised in the core management team of the Group as at the date of this Agreement save as replaced by persons within six Months approved in writing by the Administrative Agent or as previously agreed by the Administrative Agent in writing and where such change involves the loss to or departure from the Group within any six Month period of two of the current Chief Executive Officer, the Chief Operating Officer and the Chief Financial Officer, the current persons holding such positions being named in Part II of Schedule 10 (Current CEO, COO and CFO).
Management Change means the failure of any two of the following to remain principal officers of Sellers with authority to make all material business decisions on behalf of Seller: (a) ▇▇▇▇ ▇▇▇▇▇▇▇▇, (b) ▇▇▇▇ ▇▇▇▇▇▇▇ and (c) ▇▇▇ ▇▇▇▇▇▇▇▇▇, unless otherwise mutually agreed to between Seller and Buyer.
Management Change means that (x) a person who during the prior two years has served as an officer, director, employee, partner or Affiliate of (or who has been in any manner selected or nominated by) the recipient of ▇▇▇▇▇▇'▇ capital stock or an Affiliate thereof in the subject transaction (collectively, a "Related Person") becomes either the Chairman of the Board, Chief Executive Officer, President or Chief Operating Officer of ▇▇▇▇▇▇'▇ within six months after the consummation of the subject transaction and/or (y) two Related Persons become members of the Board of Directors of ▇▇▇▇▇▇'▇ within nine months of the consummation of the subject transaction and/or (z) a majority of the members of ▇▇▇▇▇▇'▇ Board of Directors immediately prior to the consummation of the subject transaction cease to constitute (other than due to their death or disability) a majority of the members of such Board at any time within one year of the subject transaction.