Management, Ownership. The Company shall not materially change its ownership, executive staff or management without the prior written consent of the Secured Party. The ownership, executive staff and management of the Company are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.
Management, Ownership. Xxx Xxxxxxxx shall remain employed by the Company in his current capacity. This provision is a material factor in the Secured Party's willingness to institute and maintain a lending relationship with the Company.
Management, Ownership. Tim Connolly shall remain employed by the Company in his current capxxxxx. Xxxx provision is a material factor in the Secured Party's willingness to institute and maintain a lending relationship with the Company.
Management, Ownership. Borrower shall not permit any change in the ownership, or executive management of Borrower without the prior written consent of Lender. The ownership and executive management of Borrower are material factors in Lender's willingness to institute and maintain a lending relationship with Borrower.
Management, Ownership. The Company shall not materially change its executive staff as it relates to the positions and authority held by Xxxx Xxxxxxx and Xxxxxxxxx XxXxxx without the prior written consent of the Secured Party. Positions and authority held by Xxxx Xxxxxxx and Xxxxxxxxx XxXxxx are material factors in the Secured Party's willingness to institute and maintain a lending relationship with the Company.
Management, Ownership. The Company shall not terminate or materially change the positions of Xxxxx X. Xxxxxxxxx, Xxxxx Xxxxxxxxxxx, and Xxxx Xxxxx without the prior written consent of the Secured Party. The employment of Xxxxx X. Xxxxxxxxx, Xxxxx Xxxxxxxxxxx, and Xxxx Xxxxx in their current positions are material factors in the Secured Party’s willingness to institute and maintain a lending relationship with the Company.
Management, Ownership. (Proprietor, partners, officers, directors, all holders of outstanding stock/equity -- 100% of ownership must be shown below). Use separate sheet if necessary.
1. Owned: *Veteran: Yes No *Service Disabled: Yes No *Gender: Male Female *Race: American Indian / Alaska Native Black / African American Asian Native Hawaiian / Pacific Islander White *Ethnicity: Hispanic / Latino Not: Hispanic / Latino Name, Soc. Sec. No., Position / Title Complete Address & Telephone
2. Owned: *Veteran: Yes No *Service Disabled: Yes No *Gender: Male Female *Race: American Indian / Alaska Native Black / African American Asian Native Hawaiian / Pacific Islander White *Ethnicity: Hispanic / Latino Not: Hispanic / Latino *This data is collected for statistical purposes only. It has no bearing on the credit decision. Disclosure is voluntary. One or more boxes for race may be selected. Applicant: is is not a participant in SBA’s 8 (a) Business Development Program. Applicant: has has not received SBA Surety Bond Guarantee is has is not an SBA certified HUB Zone small business concern. Assistance under any other business name. has not defaulted on any contracts. If so, provide Business Name: has not had an SBA loan. If so, Loan# and, provide Tax ID or SSN: does not have a current signed General Applicant is is not presently debarred, suspended, proposed for Indemnity Agreement (GIA) with the Surety Company identified on this form. debarment, declared ineligible, or voluntarily excluded from transactions with any Federal department or agency.
Management, Ownership. The composition of the management of the Borrower and its strategic plans shall be satisfactory to the Agent.
Management, Ownership. Cause or allow any material change in the ownership or senior management of BORROWER, including without limitation any change in the officers of the BORROWER at or above the level of its vice president.
Management, Ownership. Mahoney shall remain employed by the Company in his currenx xxxxxxxx. Xxxx provision is a material factor in the Secured Party's willingness to institute and maintain a lending relationship with the Company.
