Defendant Directors and Officers definition

Defendant Directors and Officers means the current and former directors and officers of the Debtors who are defendants in the Fiduciary Duty Action.
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Defendant Directors and Officers means Konstantinos Stengos; Antonio Mon; Tommy McAden; Andreas Stengos; George Stengos; Larry Horner; William Hasler; Michael Poulos; Marianna Stengou; Susan Parks; J. Bryan Whitworth; Paul Berkowitz; Candace Corra; Russell Devendorf; Brian Konderik; Tom McAndrew; Dave Schoenborn; Gordon Stewart; and Stephen Wagman.
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Examples of Defendant Directors and Officers in a sentence

  • The consolidated financial statements are prepared by combining the financial statements of all the entities that comprise the economic entity, being the Company (the parent company) and its subsidiaries as defined in Accounting Standard AASB 127: Consolidated and Separate Financial Statements.

  • Federal and XL agree to continue to fund Defense Costs (as defined in the IFA) in accordance with the IFA incurred by counsel for the Defendant Directors and Officers (the “ D&O Defense Counsel”) on or before March 19, 2013 (“Pre-mediation DefenseCosts”).

  • Plaintiff alleges that the Individual Defendant Directors and Officers breached their fiduciary duties which necessitated a fire-sale merger, and thereafter breached their duties by agreeing to the merger with Stifel by means of an unfair process, on inadequate terms, and for an inadequate price.

  • In order to realize a significant recovery in the Fiduciary Duty Action, the D&O Insurance Coverage Action would also have to be prosecuted successfully to conclusion, including through any appeals, or else the only assets available to recover against in theFiduciary Duty Action would be the personal assets of the Defendant Directors and Officers andthe assets of TOSA.

  • The Defendant Directors and Officers hereby assign to the Debtors, for the benefit of the estates of the Conveying Subsidiaries and the Prepetition Secured Lenders, all claims and causes of action against RSUI, whether in contract, tort, or otherwise including all claims (the “RSUI Claims”) relating to Policy No. HS623638 (the “RSUIPolicy”).

  • No. 09-01616, ECF No. 1.) Specifically, the Committee alleged that the Defendant Directors and Officers breached their fiduciary duties by failing to act in the best interests of the Conveying Subsidiaries and all of their constituencies, including creditors, and that certain of the Settling Defendants aided and abetted those breaches.

  • As a result, and in accordance with their duties of loyalty and good faith, the Individual Defendant Directors and Officers were obligated to refrain from participating in any transaction where their loyalties are divided, participating in any transaction where they receive a personal financial benefit not equally shared by the other shareholders, and/or unjustly enriching themselves at the expense or to the detriment of the shareholders.

  • Violation of The Securities Act of 1933 § 11: All Defendants except Defendant Directors and Officers, Regions and MK Holding 346COUNT II.

  • The Monte Carlo orbits are reprojected to the sky plane as a function of time.

  • In addition, the Settling D&O Insurers agreed to pay the fees and expenses of the Defendant Directors and Officers in connection with the Fiduciary Duty Action, the D&O Insurance Coverage Action, the D&O Insurance Coverage Settlement and the Plan up to $8,270,000 for fees and expenses incurred in connection with the Fiduciary Duty Action, the D&O Insurance Coverage Action, the D&O Insurance Coverage Settlement and the Plan prior to March 19, 2013.

Related to Defendant Directors and Officers

  • Register of Directors and Officers means the Register of Directors and Officers referred to in these Bye-laws;

  • Directors means the directors for the time being of the Company.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Director or officer means any of the following:

  • Senior Executive Officers means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • Executive Officers means the Company's “executive officers” as defined in 12 C.F.R. § 215.2(e)(1) (regardless of whether or not such regulation is applicable to the Company).

  • Investor Directors has the meaning set forth in Section 2(a).

  • Continuity Directors means those members of the Board who either (A) were directors at the beginning of such consecutive 24 month period, or (B) were elected by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing Board; or

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Named Executive Officers or “NEOs” means the following individuals:

  • relevant director means any director or former director of the company or an associated company;

  • Resolution of Directors means either:

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • D&O Insurance has the meaning set forth in Section 5.10(c).

  • Designated Officers means and includes, individually or jointly, the President, the Vice President, the Business Administrator, and the Secretary of the Board of School Directors (and their appropriate successors acting by reason of absence or other incapacity), being those duly elected or appointed and acting officials of the Local Government Unit hereby authorized to undertake and perform the actions herein specified, which are necessary and proper to the issuance of the Bonds and compliance with the Debt Act.

  • Assistant Director means the Asstt. Director of the Authority, as the case may be.

  • Indemnitee has the meaning assigned to such term in Section 9.03(b).

  • Senior Officers has the meaning as set forth in Section 4.3.