Key Person definition

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

  • Employ the Key Person as Chief Executive Officer of Borrower (or employed in another C-level role of materially similar importance) unless otherwise consented to by Agent in writing; provided, in the event such Key Person is no longer in such a position for any reason, Borrower shall have thirty (30) days to replace such individual with another individual satisfactory to Agent.


More Definitions of Key Person

Key Person means the Chief Executive Officer, President and Chief Financial Officer of Borrower Representative.
Key Person means each of R▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and S▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇.
Key Person is ▇▇▇▇▇▇▇ ▇▇▇▇.
Key Person means Borrower’s Chief Executive Officer, who is, as of the Effective Date, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇.
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.
Key Person. “Key Person” means any person, other than a Director or Officer, whether or not an employee of the corporation, who: (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 a person employed or otherwise engaged by a registered person as an officer of any one or more of the following classes in relation to the conduct of the business of the registered person –