Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;
Parent Directors means the Directors appointed pursuant to Articles 53 – 56 inclusive;
Parent Directors means the Directors appointed pursuant to Articles 53
Examples of Parent Directors in a sentence
There shall be a minimum of two Parent Directors unless there are Local Governing Bodies which include at least two Parent Members.
More Definitions of Parent Directors
Parent Directors means any Directors appointed pursuant to Articles 53 – 56 inclusive;
Parent Directors means those Directors elected or appointed pursuant to Articles 53 – 56B inclusive;
Parent Directors means the Directors appointed pursuant to Articles 53–56 inclusive;
Parent Directors has the meaning set forth in Section 5.3(b).
Parent Directors means six current members of Parent’s Board of Directors who are identified as such by Parent in a notice to the Company delivered within fifteen (15) days of the date hereof and who are acceptable to the Company, such acceptance not to be unreasonably withheld, conditioned or delayed; provided, however, that if any such persons are unable or unwilling to serve as directors of the Surviving Corporation as of the Effective Time, such persons shall be replaced by other persons who are identified by Parent and who are acceptable to the Company, such acceptance not to be unreasonably withheld, conditioned or delayed. In no instance shall there be more or less than six Parent Directors as of the Effective Time.
Parent Directors means (i) any person serving as a director of Parent prior to the Effective Time who remains a director of Parent at the Effective Time and (ii) any person who becomes a director of Parent pursuant to the immediately preceding sentence and who is designated by the Parent Directors; and the term "Subject Company Director" means (i) any person serving as a director of Subject Company prior to the Effective Time who becomes a director of Parent at the Effective Time and (ii) any person who becomes a director of Parent pursuant to the immediately preceding sentence and who is designated by the Subject Company Directors.
Parent Directors means individuals who shall be mutually selected by the Company and Parent from the members of Parent’s Board of Directors immediately prior to the Effective Time to continue as members of the Board of Directors of Parent after the Effective Time pursuant to this Section 7.13. The term “Company Directors” shall mean individuals who shall be mutually selected by the Company and Parent from the members of the Company’s Board of Directors to become members of the Board of Directors of Parent as of the Effective Time pursuant to this Section 7.13. Nothing in this Section 7.13 shall require the election or appointment of any individual whose election or appointment is prohibited or advised against by any Regulatory Agency. Provided that a Company Director continues to satisfy the nomination criteria of the Nominating and Corporate Governance Committee of the Parent Board of Directors at the time such Company Director’s initial term is set to expire, the Parent Board of Directors shall re-nominate and recommend the election of such Company Director for election by the Parent shareholders to at least one additional term following the expiration of such Company Director’s initial term of office.