B Director definition

B Director means a director appointed by the holders of a Majority of B Shares in accordance with Clause 12.1 and “B Directors” shall be construed accordingly;
B Director means a non-executive director (niet uitvoerend bestuurder) of the Company appointed by the B Shareholder in accordance with clause 3.3.1;
B Director means a Director appointed from time to time by the "B" Shareholders under clause 4.1

Examples of B Director in a sentence

  • The Series B Director may be removed, with our without cause, by the holders of Series B Preferred Stock in the same manner as such director may be elected hereunder.

  • In the event the general meeting of shareholders has appointed different classes of directors, decisions shall be taken by a majority of the directors present or represented including at least one (1) Class A Director and one (1) Class B Director.

  • Each share of Series B Convertible Preferred Stock shall be entitled to one vote and any election or removal of the Class B Director shall be subject to the affirmative vote of all of the Investors.

  • In the event the general meeting of shareholders has appointed different classes of directors, the board of directors may deliberate or act validly only if at least one (1) Class A Director and one (1) Class B Director is present or represented at the meeting.

  • Upon any termination of the right of the Holders of the Series B Preferred Shares to vote as a class for a Series B Director, the term of office of the Series B Director then in office elected by such Holders voting as a class shall terminate immediately and the number of directors constituting the Board of Directors shall automatically be reduced by one.


More Definitions of B Director

B Director means any person being a director and designated as such by a Resolution of Directors pursuant to the provisions of Regulation 10;
B Director any director appointed to the Board by B Shareholder.
B Director means a director appointed in accordance with article 10.2.3, and “B directors” shall be construed accordingly;
B Director means the Director appointed pursuant to Article [8.6] or (as the case may be) Article [8.10]
B Director s Letter of Appointment” means a letter of appointment issued by the Company to the B Director, in terms consistent with the wording in the Agreed B Director’s Letter of Appointment
B Director means a director or directors appointed by NADL; Bankable Drilling Contract shall have the meaning given to it in Clause 8.2;
B Director means the B Directors of the Company appointed under the Articles;