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 Xxxx X.
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

  • DCO takes care of the oversight of the Hosting Centers and the Telecommunication Switch Rooms (HVAC, electrical, receipt of equipment and salvage) and Hosting Center Services: SOM DTMB Incident Management, Problem Management, Change Management, Service Management Operations and Disaster Recovery Planning.

  • Organizational Management (Change Management, Communications, Balanced Scorecard and A-76 Support)f.

  • ISMS Framework (ISO 27001:2005): The selected bidder and the team shall abide by the ISMS framework of the Company which includes Incident Management, Change Management, Capacity Management, Configuration Management etc.

  • 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.


More Definitions of Management Change

Management Change. Failure for any reason of Xxxxxxx or Xxxxxx 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 the assignment of each of the Fundsmanagement 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 has the meaning set out in Section 6.11(ii); “Management Fee” has the meaning set out in Section 7.01(x);
Management Change means either (i) the position of Chief Executive Officer of the Company is held by some person other than Jxxxx X. Xxxxxx, V., if the position of Chief Executive Officer was not offered in good faith to Executive; or (ii) more than half of the members of the Board of Directors of the Company are persons who were not directors of the Company on the date of this Agreement, provided that any representative of General Atlantic Partners or its affiliates who becomes a member of the Board of Directors of the Company will be considered to have been a member of the board on the date of this Agreement.
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 termination of Xxxxxxxx X. Xxxxxx'x employment as chief executive officer and President of EDAC Technologies Corporation prior to the last occurring Maturity Date.
Management Change means the loss to or departure from the Group within any six Month period of both of the current President, Europe and the Finance Director, Europe, 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.”