Permitted Person Clause Samples
The 'Permitted Person' clause defines who is authorized to perform certain actions or access specific information under the agreement. It typically lists individuals, entities, or categories—such as employees, contractors, or affiliates—who are allowed to receive confidential information or exercise rights granted by the contract. By clearly identifying these parties, the clause helps prevent unauthorized disclosure or misuse, ensuring that only approved persons are involved and reducing the risk of breaches.
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Permitted Person. The term “Permitted Person” means (i) an individual who (a) is an executive of the KKR Group, (b) devotes substantially all of his or her business and professional time to the activities of the KKR Group and (c) did not become an executive of the KKR Group or begin devoting substantially all of his or her business and professional time to the activities of the KKR Group in contemplation of a Change in Control or (ii) any Person in which any one or more such individuals directly or indirectly holds a majority of the controlling interests.
Permitted Person. 26.27 Premises ....................................................... 1.1(b) Real Estate Taxes .............................................. 5.1(b) Rent ........................................................... 26.18
Permitted Person the officers and directors of Landlord and Tenant, the employees of Landlord and Tenant who are involved in lease administration or operations of the Premises, Landlord’s and Tenant’s respective certified public accountants, lenders, attorneys, architects, engineers, consultants and other professionals engaged by Landlord and ▇▇▇▇▇▇ who have responsibilities related to the Lease, any lender of Landlord or lender or lessor of equipment to Tenant, and/or any person or entity to whom disclosure is required by applicable judicial or governmental authority.
Permitted Person the officers and directors of Tenant, the employees of Tenant who are involved in lease administration, Tenant’s respective certified public accountants, lenders and attorneys who have responsibilities related to the Lease, or any person or entity to whom disclosure is required by applicable judicial or governmental authority. Permitted Transferee: any Affiliate, related corporation or successor corporation that assumes all of Tenant’s obligations under this Lease upon an assignment permitted without Landlord’s consent pursuant to Section 7.1(c) of this Lease. Prime Rate: the prime rate published in the Money Rates section of the Wall Street Journal or another comparable publication selected by Landlord if the foregoing ceases to publish such a rate.