Senior Management Change definition

Senior Management Change means that any Senior Management Personnel has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means that the Senior Management Personnel has ceased to be the Chief Executive Officer of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means that any Senior Management Personnel has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change, not to be unreasonably withheld, unless such Senior Management Change was caused by the death of Senior Management Personnel or such Senior Management Personnel suffering from severe illness, and such Senior Management Personnel has been replaced by the Borrower (in consultation with the Bank) within [***] calendar days of such event,

Examples of Senior Management Change in a sentence

• Any equivalencies (including “modifications” or “alternatives” where used in lieu of equivalencies) and exemptions that are determined to be applicable: (i) Shall clearly demonstrate an equivalent level of safety (i.e., meets or exceeds the required level of protection);(ii) Shall be reviewed by the Senior Management Change Control Board prior to initiating an impact assessment and/or adoption; and(iii) Shall be approved prior to implementation by the FPD.

• Any formal concurrence and approvals from the Central Technical Authority (CTA), Chief of Nuclear Safety (CNS), or Chief of Defense Nuclear Safety (CDNS) shall be clearly captured in the supporting documentation reviewed by the Senior Management Change Control Board and incorporated into the UPF Design Code of Record after FPD approval, as applicable.

• On 16.10.2023, our company announced the special event disclosure for the Senior Management Change in the PDP.

• Senior Management Change, Equity Characteristics and Earnings Managemecnt: Empirical Evidence from Chinese Listed Companies[J].

• November 2009 Senior Management Change The Director of Wesfarmers’ Industrial Divisions, Keith Gordon, is leaving the company to become Managing Director and Chief Executive Officer of Emeco Holdings Limited.

More Definitions of Senior Management Change

Senior Management Change means the failure of at least two of the following individuals to be involved in the day to day senior management of Company and its subsidiaries: Cxxxxxxx X. Xxxx, Dxxxx Xxxxx and Lxxxx XxXxxxx.

Senior Management Change means that any of Xx. Xxxx Xxxxxx and Xx. Xxxxxx Xxxxx has ceased to be actively involved in the management of the Obligor without the Beneficiary having given its prior written consent to such a change, not to be unreasonably withheld, unless such Senior Management Change was caused by the death of, respectively, Xx. Xxxx Xxxxxx or Xx. Xxxxxx Xxxxx or Xx. Xxxx Xxxxxx or Xx. Xxxxxx Xxxxx suffering from severe illness, and, respectively, Xx. Xxxx Xxxxxx or Xx. Xxxxxx Xxxxx has been replaced by the Obligor (in consultation with the Bank) within [***] calendar days of such event.

Senior Management Change means that Amir Reichman or Dr Tamar Ben-Yedtdia has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means any termination of the employment of, or change in, the individual who is the chief executive officer of Parent as of the date of this Agreement); or

Senior Management Change means that Mr. Dirk Thye has ceased to be the Chief Executive Officer of the Guarantor 1, the Guarantor 2, the Guarantor 3 and the Guarantor 4, and / or Mr Charles Ryan has ceased to be the Chief Executive Officer of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means that any Senior Management Personnel of any Obligor has ceased to be actively involved in the management of any of the Obligors.

Senior Management Change means that the Senior Management Personnel has ceased to be the Chief Executive Officer of the Borrower without the Bank having given its prior written consent to such a change. "Senior Management Personnel" means Xx Xxxxxxx Xxxx. "Subsidiary" means an entity of which the Borrower has direct or indirect control or owns directly or indirectly more than 50% of the voting capital or similar right of ownership and "control" for this purpose means the power to direct the management and the policies of the entity, whether through the ownership of voting capital, by contract or otherwise. "Tax" means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same). "Technical Description" has the meaning given to it in Recital (A). "Third Royalty Payment Date" means the Royalty Payment Date falling during the third Financial Year starting after Commercialization. "Third Tranche" has the meaning given to that term in Article 2.2.1 (Tranches).