Senior Management Change definition

Senior Management Change means that any Senior Management Personnel has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means the failure of at least two of the following individuals to be involved in the day to day senior management of Company and its subsidiaries: Cxxxxxxx X. Xxxx, Dxxxx Xxxxx and Lxxxx XxXxxxx.

Senior Management Change means that any of Dx. Xxxx Xxxxxx and Mx. Xxxxxx Xxxxx has ceased to be actively involved in the management of the Obligor without the Beneficiary having given its prior written consent to such a change, not to be unreasonably withheld, unless such Senior Management Change was caused by the death of, respectively, Dx. Xxxx Xxxxxx or Mx. Xxxxxx Xxxxx or Dx. Xxxx Xxxxxx or Mx. Xxxxxx Xxxxx suffering from severe illness, and, respectively, Dx. Xxxx Xxxxxx or Mx. Xxxxxx Xxxxx has been replaced by the Obligor (in consultation with the Bank) within [***] calendar days of such event.

Examples of Senior Management Change in a sentence

• Any equivalencies (including “modifications” or “alternatives” where used in lieu of equivalencies) and exemptions that are determined to be applicable: (i) Shall clearly demonstrate an equivalent level of safety (i.e., meets or exceeds the required level of protection);(ii) Shall be reviewed by the Senior Management Change Control Board prior to initiating an impact assessment and/or adoption; and(iii) Shall be approved prior to implementation by the FPD.

• Any formal concurrence and approvals from the Central Technical Authority (CTA), Chief of Nuclear Safety (CNS), or Chief of Defense Nuclear Safety (CDNS) shall be clearly captured in the supporting documentation reviewed by the Senior Management Change Control Board and incorporated into the UPF Design Code of Record after FPD approval, as applicable.

• Senior Management Change in Control Severance Pay Plan (including any successor plan thereto), the First Bank System, Inc.

• The purpose of this Senior Management Change in Control Severance Policy (the “Policy”) is to diminish the distraction of Covered Executives (as defined below) in the event of a threatened or pending Change in Control (as defined below) and to provide financial assistance to any Covered Executive whose employment with Red Hat, Inc.

• The terms of the Severance Plan and this Agreement supersede all severance provisions of any agreement executed between Executive and the Company including, but not limited to, offer letters, individual employment agreements, and any other policy or program of the Company, with the exception of the Senior Management Change in Control Severance Policy.

More Definitions of Senior Management Change

Senior Management Change means that Mr. Dirk Thye has ceased to be the Chief Executive Officer of the Guarantor 1, the Guarantor 2, the Guarantor 3 and the Guarantor 4, and / or Mr Charles Ryan has ceased to be the Chief Executive Officer of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means (a) Michael Blend ceases, for any reason, to be the chief executive officer of the Company, or (b) following a Change in Control, Michael Blend ceases, for any reason, to be the head of the business unit of the acquiring Person in such Change in Control whose responsibilities include, directly or indirectly, management of NextGen.

Senior Management Change means any termination of the employment of, or change in, the individual who is the chief executive officer of Parent as of the date of this Agreement); or

Senior Management Change means that any Senior Management Personnel has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change, not to be unreasonably withheld, unless such Senior Management Change was caused by the death of Senior Management Personnel or such Senior Management Personnel suffering from severe illness, and such Senior Management Personnel has been replaced by the Borrower (in consultation with the Bank) within [***] calendar days of such event,

Senior Management Change means that any Senior Management Personnel of any Obligor has ceased to be actively involved in the management of any of the Obligors.

Senior Management Change means that Amir Reichman or Dr Tamar Ben-Yedtdia has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change.

Senior Management Change means that Dr. Xxx Babecoff or Xx. Xxxxx Xxx-Yedidia has ceased to be actively involved in the management of the Borrower without the Bank having given its prior written consent to such a change.