BOARD CONTROL definition

BOARD CONTROL. The new board members appointed by Investor will not agree to any stock split, reverse merger, equity conversions, or take any action that is dilutive to shareholders, except for the transactions that are expressly agreed to in this agreement or without written approval from ▇▇▇▇▇▇, which approval will not be unreasonably withheld.
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BOARD CONTROL means MHL, Afripalm Resources, Afripalm1 and/or Afripalm2 and HDSAs having appointed such number of nominee directors of the Sponsor as, when aggregated with the other HDSA directors of the Sponsor, constitute a majority of directors on the board of the Sponsor);
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BOARD CONTROL means having such number of nominee directors of the Sponsor as, when aggregated with the other directors of the Sponsor who are HDSAs, constitutes a majority of the directors thereof); 10.
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More Definitions of BOARD CONTROL

BOARD CONTROL means having such number of nominee directors of Mvela Resources as constitutes a majority of the directors thereof; and
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Related to BOARD CONTROL

  • Exit Management Date means each of the following:

  • Direct Load Control means load reduction that is controlled directly by the Curtailment Service Provider’s market operations center or its agent, in response to PJM instructions.

  • border control means the activity carried out at a border, in accordance with and for the purposes of this Regulation, in response exclusively to an intention to cross or the act of crossing that border, regardless of any other consideration, consisting of border checks and border surveillance;

  • Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.

  • aerodrome control service means air traffic control service for aerodrome traffic;