Board Changes definition

Board Changes means the date that a majority of the Board of Directors of the Company shall be persons other than persons (i) whose election proxies shall have been solicited by the Stockholder as Chief Executive Officer of the Company or (ii) who are serving as directors appointed by the Board of Directors to fill vacancies caused by death or resignation (but not by removal) or to fill newly created directorships.
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Board Changes means appointments and resignations from the Board such that, following the Board Changes, the Board is constituted as follows:
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Board Changes means that by virtue of APF shareholder action or action of the APF Board of Directors (except for removal for due cause), ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇. and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ cease to serve as Chairman and Vice Chairman, respectively, of the Board of Directors of APF.
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Examples of Board Changes in a sentence

  • As a result, Borrower is requesting that Required Lenders waive any Default or Event of Default arising as a result of the Subject Board Changes under clause (b) of the definition of “Change of Control” (“Subject CIC Default”).

  • By execution of this Agreement, each Lender that is a party hereto hereby waives the Subject CIC Default subject to the terms and conditions set forth herein and to the extent the Subject Board Changes occur in the order and manner as set forth in this Section 2(a).

  • Buyers consent to the following Issuer Free Writing Prospectus: Press Release on CRG Amendment and Board Changes, issued by the Company on May 17, 2018 and filed as a free writing prospectus.

  • Items to be completed during construction: All construction as depicted in the final construction plans as approved by the Town Board; Changes to the approved design must be approved by the Town Engineer; and All punch list items must be completed prior to requesting acceptance of the Improvements by the Town Board.

  • The following decisions shall be taken by the Management Board: Changes to the Consortium Pian Modifications to Attachment 1 (Background l ncluded) Additions to Attachment 3 (List of Third Parties for simplified transfer according to Section 8.

  • This Amendment does not constitute a waiver of or consent to any other Event of Default occurring under the Loan Agreement, including any cross default provisions, or of any Change in Control other than the Proposed Board Changes as set forth herein.

  • Except as permitted by Section 5.6(c) or 5.6(d), the Parent Board shall recommend that the shareholders of Parent approve and adopt this Agreement, the Parent Amended Articles, the Parent Reverse Stock Split, the Parent Board Changes and the Transactions, including the Parent Stock Issuance, and the Parent Board shall solicit from shareholders of Parent proxies in favor of such matters, and the Proxy Statement shall include the Parent Board Recommendation.

  • BKC and Blue Holdco each hereby grants its approval and consent to the Board Changes to the extent required by Section 7(c)(ii) of the Series B Certificate of Designations.

  • Room and Board Changes, Damages, and Prorated Costs: Withdrawal from the university.


More Definitions of Board Changes

Board Changes means the date that a majority of the Board of --------------- Directors of APF shall be persons other than persons (i) whose election proxies shall have been solicited by the Board of Directors of APF or (ii) who are serving as directors appointed by the Board of Directors of APF to fill vacancies caused by death or resignation (but not by removal) or to fill newly created directorships.
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Board Changes means the date that a majority of the Board of Directors of NNN shall be persons other than persons (i) whose election proxies shall have been solicited by the Board of Directors or (ii) who are serving as directors appointed by the Board of Directors to fill vacancies caused by death or resignation (but not by removal) or to fill newly created directorships.
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Board Changes means appointments and resignations from the Board such that, following the Board Changes, the Board is constituted as follows: 1.1.11.1 ▇▇▇▇▇ ▇▇▇▇ (or such other Approved Person as the Seller shall notify Celsus in writing prior to the Definitive Proxy Date) as a class A board member who shall also be Chairman of the Audit Committee; 1.1.11.2 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (or such other Approved Person as the Seller shall notify Celsus in writing prior to the Definitive Proxy Date) as a class A board member who shall also be Chairman of the Compensation Committee; 1.1.11.3 ▇▇▇▇▇▇▇ ▇▇▇ (or such other Approved Person as the Seller shall notify Celsus in writing prior to the Definitive Proxy Date) as a class A board member who shall also be a member of both the Compensation Committee and the Audit Committee; 1.1.11.4 Ray Prudo as a class C board member and Executive Chairman; 1.1.11.5 ▇▇▇▇ ▇▇▇▇▇ shall be as a class C board member Vice Chairman and Chairman of the Governance and Nominating Committee; 1.1.11.6 ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ as a class B director; and 1.1.11.7 Gur ▇▇▇▇▇▇▇▇ as a class B director, (each such appointment subject to the terms of the Company’s articles of association);
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Related to Board Changes

  • Board Change means, during any period of two consecutive years, individuals who at the beginning of such period constituted the entire Board cease for any reason to constitute a majority thereof unless the election, or the nomination for election, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Permitted Change of Control means any Change of Control that does not constitute a Change of Control Triggering Event.

  • Board Chair means the chair of the Board;

  • Specified Change of Control a “Change of Control” (or any other defined term having a similar purpose) as defined in the Senior Subordinated Note Indenture.