Senior Management. The Macerich Partnership and MAC shall cause Art ▇▇▇▇▇▇▇ and either ▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ ▇. ▇’▇▇▇▇ to remain part of their senior management until the indefeasible payment in full of the Obligations. In the event of death, incapacitation, retirement, or dismissal of any of these individuals, Macerich Partnership and MAC shall have 180 calendar days thereafter in which to retain a senior management replacement reasonably acceptable to the Required Lenders.
Appears in 3 contracts
Sources: Revolving Loan Facility Credit Agreement (Macerich Co), Revolving Loan Facility Credit Agreement (Macerich Co), Revolving Loan Facility Credit Agreement (Macerich Co)
Senior Management. The Macerich Partnership and MAC shall cause Art ▇▇▇▇▇▇▇ and either ▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ ▇. ▇’'▇▇▇▇ to remain part of their senior management until the indefeasible payment in full of the Obligations. In the event of death, incapacitation, retirement, or dismissal of any of these individuals, Macerich Partnership and MAC shall have 180 calendar days thereafter in which to retain a senior management replacement reasonably acceptable to the Required Lenders.
Appears in 3 contracts
Sources: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)
Senior Management. The Macerich Partnership and MAC shall cause Art ▇▇▇▇▇▇▇ and either ▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ ▇. ▇’▇▇▇▇ to remain part of their senior management until the indefeasible payment in full of the Obligations. In the event of death, incapacitation, retirement, or dismissal of any of these individuals, the Macerich Partnership and MAC shall have 180 calendar days thereafter in which to retain a senior management replacement reasonably acceptable to the Required Lenders.
Appears in 2 contracts
Sources: Term Loan Facility Credit Agreement (Macerich Co), Term Loan Facility Credit Agreement (Macerich Co)
Senior Management. The Macerich Partnership and MAC shall cause Art ▇▇▇▇▇▇▇ and either ▇▇ ▇▇▇▇▇▇▇ or ▇▇▇▇▇▇ ▇. ▇’▇▇▇▇ to remain part of their senior management until the indefeasible payment in full of the Obligations. In the event of death, incapacitation, retirement, or dismissal of any of these individuals, Macerich Partnership and MAC shall have 180 calendar days thereafter in which to retain a senior management replacement reasonably acceptable to the Required Lenders.
Appears in 1 contract
Sources: Credit Agreement (Macerich Co)