New Management definition

New Management means Michael Beal, Teri Bonar, Michael Templeton, Anthony Arnaudy, Michael White, Tonia Bellard, and such other individuals designated to serve in such other officer capacities, as of the Effective Date as disclosed in the Plan Supplement.
New Management means the Board of Directors and Officers following the annual general meeting of the Company held on July 5, 2016;
New Management. Contract shall have the meaning set forth in Section 4.01B.

Examples of New Management in a sentence

  • All liability for wages, salaries and benefits of the employees accruing in respect of and attributable to the period from and after Closing shall be charged to Buyer, in accordance with the New Management Agreement.

  • As a condition to Closing, Buyer shall enter into the New Management Agreement and the New Franchise Agreement, effective as of the Closing Date, containing terms and conditions acceptable to Buyer (including, without limitation, such terms and conditions as may be required to accommodate Buyer’s and/or Buyer’s Affiliates’ REIT structure).

  • As a condition to Buyer’s and Seller’s obligation to close under this Contract, Buyer and Manager shall agree, on or before the expiration of the Review Period, on the form and substance of the New Management Agreement.

  • Before the Closing, the Company and Buyer shall request the Franchisor to approve the transfer of the Interests to Buyer, the termination of the Existing Management Agreement, the execution of the New Management Agreement and the execution of the New Franchise Agreement.

  • The Manager and the Company shall have entered into the New Management Agreement.

  • At the Closing, subject to the approval of the Franchisor, (i) the Company and the Existing Manager shall terminate the Existing Management Agreement, (ii) the Company and the Franchisor shall terminate the Existing Franchise Agreement, (iii) the Company and the Manager shall enter into the New Management Agreement and (iv) the Company and the Franchisor shall enter into the New Franchise Agreement.

  • The Company and the Interest Owners shall obtain the Existing Manager’s consent to the termination of the Existing Management Agreement, and the Company and the Interest Owners shall cause the Manager to enter into the New Management Agreement.

  • As a condition to Closing, Buyer shall enter into the New Management Agreement and the New Franchise Agreement, effective as of the Closing Date.

  • As a condition to Buyer’s and Seller’s obligation to close under this Contract, Buyer and Manager shall agree, on or before the expiration of the Review Period, on the form and substance of the New Management Agreement, which New Management shall contain, among other things, the terms described on Schedule 5 attached hereto.

  • The New Management Agreement and the New Franchise Agreement and all documents required in connection therewith.


More Definitions of New Management

New Management means the following individuals, who shall be deemed to be appointed by the Initial Board as officers of the Reorganized Debtor, as of the Effective Date: John Boudreau, President and Chief Executive Officer, Robert Schleizer, Executive Vice-President and Chief Financial Officer, and Roger Hogan, Chief Operating Officer. Management of the Reorganized Debtor shall be re-appointed by the Initial Board at the first meeting of the Initial Board following the Effective Date, which is anticipated to occur in July 2002.
New Management means New Management, Ltd., an Illinois corporation.
New Management shall have the meaning specified in Section 3.3 hereof.
New Management means, collectively, the New Board and New Executives;
New Management means the management described in Schedule XIII(A) in ---------------- the Exhibit Book.