Common use of Change of Management Clause in Contracts

Change of Management. Not to make any substantial change in the present executive or management personnel of the Borrower.

Appears in 35 contracts

Sources: Loan Agreement (Thorne Healthtech, Inc.), Loan Agreement (Graham Corp), Loan Agreement (Lakeland Industries Inc)

Change of Management. Not to make any substantial change in the present executive or management personnel of the BorrowerBorrowers.

Appears in 5 contracts

Sources: Loan Agreement (Mexco Energy Corp), Loan Agreement (Air T Inc), Loan Agreement (California First National Bancorp)

Change of Management. Not The Borrower shall not to make any substantial change in the present executive or management personnel of the Borrower.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Sturm Ruger & Co Inc)

Change of Management. Not to make any substantial change in the present executive individuals acting as Chairman or management personnel Chief Executive Officer of the Borrower.

Appears in 1 contract

Sources: Loan Modification Agreement (Zumiez Inc)

Change of Management. Not to make any substantial change in the present executive or management personnel of the BorrowerBorrower without first providing written notice thereof to the Bank.

Appears in 1 contract

Sources: Loan Agreement (HireQuest, Inc.)

Change of Management. Not to make any substantial change in the present executive or management personnel of the Borrower.

Appears in 1 contract

Sources: Loan Agreement (Mechanical Technology Inc)

Change of Management. Not to make any substantial change in the present executive or management personnel of the BorrowerBorrower or NS Entities.

Appears in 1 contract

Sources: Business Loan Agreement (MultiPlayer Online Dragon, Inc.)

Change of Management. Not to make any substantial change in the present executive or management personnel of the Borrower.

Appears in 1 contract

Sources: Loan Agreement (Xeta Technologies Inc)

Change of Management. Not to make any substantial change in the present executive or senior management personnel of the BorrowerBorrower without the Bank’s written consent.

Appears in 1 contract

Sources: Loan Agreement (Jamba, Inc.)