Key Person definition

Key Person is each of Borrower’s (a) Chief Executive Officer, who is Xxxxxx Xxxxxx as of the Effective Date, and (b) Chief Financial Officer, who is Xxxxxxx Xxxxx as of the Effective Date.

Key Person is Borrower’s Chief Executive Officer, who is Xxxxx Xxxxx as of the Effective Date.

Key Person is each of Borrower’s Chief Executive Officer and Chief Financial Officer.

Examples of Key Person in a sentence

• For the purposes of this provision, a Key Person is a principal, officer, or employee assigned to this Contract, or owner (directly or indirectly, through one or more intermediaries) of ten percent or more of the voting power or equity interests of the Contractor.

• If the Contractor or a Key Person is charged with or indicted for an Act of Moral Turpitude, the City may terminate this Contract after providing the Contractor an opportunity to present evidence of the Contractor’s ability to perform under the terms of this Contract.

• If the Contractor or a Key Person is convicted of, pleads nolo contendere to, or forfeits bail or fails to appear in court for a hearing related to, an Act of Moral Turpitude, the City may immediately terminate this Contract.

• The Contractor shall immediately notify the City if the Contractor or any Key Person, as defined below, is charged with, indicted for, convicted of, pleads nolo contendere to, or forfeits bail or fails to appear in court for a hearing related to, any act which constitutes an offense involving moral turpitude under federal, state, or local laws (“Act of Moral Turpitude”).

More Definitions of Key Person

Key Person means each of Rxxxxx Xxxxxxxx and Sxxxxx Xxxxxxxxxxxxx.

Key Person means Borrower’s Chief Executive Officer, who is Xxxxx X. Xxxxxxxxx as of the Effective Date.

Key Person means the Chief Executive Officer, President and Chief Financial Officer of Borrower Representative.

Key Person means Xxxxxx X. Xxxxxx, M.D.

Key Person means any individual, other than a director or officer, whether or not an employee of the Corporation, that: (i) has responsibilities, or exercises powers or influence over the Corporation as a whole similar to the responsibilities, powers, or influence of directors and officers; (ii) manages the Corporation, or a segment of the Corporation that represents a substantial portion of the activities, assets, income or expenses of the Corporation; or (iii) alone or with others controls or determines a substantial portion of the Corporation’s capital expenditures or operating budget.

Key Person means any individual employed by the Applicant Business Concern in a supervisory capacity or empowered to make discretionary decisions with respect to bids and/or contracts with the State of New Jersey. "Key Person" also means any person who owns a beneficial interest of 10% or more in the business concern, and the managing members of limited liability companies and corporate directors and officers (e.g., president, vice presidents, secretary and treasurer.)

Key Person means an employee, consultant, advisor, Trustee, officer or other person providing services to the Company, to a subsidiary of the Company, or to the Manager.