Executive Managers definition

Executive Managers at any time means the five individuals who were the most highly compensated officers or employees of the Company and its Subsidiaries, taken as a whole, for the most recently ended fiscal year of the Company, and each of whom were officers or employees of the Company or one or more Subsidiaries for at least seven consecutive months during such fiscal year.

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Executive Managers means the persons identified in the letter agreement dated on or around the date of this Agreement made between the Original Guarantor and the Agent.

Examples of Executive Managers in a sentence

• The Executive Managers, acting as a committee of the Board of Managers (the “Executive Committee”), shall exercise all of the right, power and authority vested in the Board of Managers by this Agreement or the Act to manage, operate, and control the business and affairs of the Company, other than with respect to actions by the Company for which this Agreement expressly requires the consent or approval of the Independent Manager or one or more Members.

• The term Managers as used herein shall be deemed to mean the Executive Managers unless the provision of this Agreement containing such term expressly requires the consent or approval of the Independent Manager.

• The Managers other than the Independent Manager shall constitute the Executive Managers of the Company (the “Executive Managers”).

• Dealer represents and warrants that it has paid no fee, nor has it provided any goods or services in lieu of a fee, as consideration for Seller's entering into this Agreement and that the sole consideration for Seller's entering into this Agreement was Dealer's Principal Owners' and Executive Manager's abilities, integrity, assurances of personal services and expressed intention to deal fairly and equitably with Seller and the public and any other promises recited in this Agreement.

• CITY shall provide EMPLOYEE with accrued leave in amounts equal to and on the same terms and conditions as provided to non-sworn Executive Managers of CITY via an adopted resolution by the City Council of CITY.

More Definitions of Executive Managers

Executive Managers means the five individuals who were the most highly compensated officers or employees of the Company and its Subsidiaries, taken as a whole, for the most recent fiscal year of the Company.

Executive Managers means a person appointed as manager directly accountable to the Municipal Manager.

Executive Managers means the persons identified in the letter agreement dated on or around the date of this Agreement made between the Guarantor and the Agent.

Executive Managers means François Varagne, Jacques Davoine, Eric Naddéo, Yves de Gérard, Alain Duprez, Gwénaël Bousquet, Priscille Magnan and Philippe Simon;

Executive Managers means a person appointed as manager directly

Executive Managers means the individuals listed in Section 10.17(c) of the Company Disclosure Letter. “Existing Finance Documents” means (a) that certain Senior Facilities Agreement, dated as of November 24, 2023, by and among Global Blue Acquisition B.V., the guarantors party thereto, ▇.▇. ▇▇▇▇▇▇ SE, Alter Domus Trustee (UK) Limited as Security Agent and the other parties from time to time party thereto, as amended from time to time, including pursuant to that certain Additional Facility Notice, dated May 3, 2024 and November 29, 2024, by and among Global Blue Acquisition B.V., ▇.▇. ▇▇▇▇▇▇ SE as Facility Agent, Alter Domus Trustee (UK) Limited, and as further amended by that Consent and Amendment Letters, dated as of April 29, 2024 and November 25, 2024, by and among Global Blue Acquisition B.V. and ▇.▇. ▇▇▇▇▇▇ SE as Facility Agent (the “Senior Facilities Agreement”), (b) that certain Intercreditor Agreement (as defined in the Senior Facilities Agreement), (c) each Transaction Security Document (as defined in the Senior Facilities Agreement) and (d) a 1992 ISDA Master Agreement, dated August 2, 2012, between Royal Bank of Canada (“RBC”) and GB Acquisition, a Schedule to the ISDA Master Agreement, dated August 2, 2012, between RBC and GB Acquisition, an Interest Rate Swap Transaction Confirmation, dated December 21, 2023, and an Interest Rate Cap Transaction Confirmation, dated December 5, 2024. “Expenses” means all documented out-of-pocket expenses (including all fees and expenses of counsel, accountants, investment bankers, experts and consultants to a party and its Affiliates, as well as any management incentive payments) actually and reasonably incurred by a party or on its behalf in connection with or related to the authorization, preparation, negotiation, execution and performance of this Agreement and the transactions contemplated hereby, including the preparation and filing of all notifications and reports required by the Transaction Approvals, the preparation, printing, filing and mailing, as the case may be, of the Company Shareholder Materials and any amendments or supplements thereto, and the solicitation of the Required Company Vote and all other matters related to the transactions contemplated hereby. “Expiration Date” has the meaning specified in Section 1.1(b).

Executive Managers has the meaning ascribed thereto in Section 5.05.