Board out definition

Board out means to arrange for the care of a child in a family, other than that of the child's parent, step-parent or legal guardian, to whom payment is made or agreed to be made for care and maintenance.
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Examples of Board out in a sentence

  • Holders of common stock are entitled to dividends if, as and when declared by the Board out of the funds legally available therefor.

  • Subject to the rights, preferences, privileges, restrictions and other matters pertaining to series of Preferred Stock that may from time to time in the future come into existence, the holders of the Common Stock shall be entitled to receive, when, as and if declared by the Board, out of any assets of the Corporation legally available therefor, such dividends as may be declared from time to time by the Board.

  • Any Bargaining Unit member who leaves during a payroll year without earning all the personal leave they have been advanced will be required to repay the prorated amount they have not earned to the Board out of their last payroll check.

  • Subject to applicable Law and the preferential rights, if any, as to dividends of the holders of any shares of Preferred Stock at the time outstanding and to the rights, if any, as to dividends of any shares of Blank Check Common Stock at the time outstanding, the holders of shares of Common Stock shall be entitled to receive, when, as and if declared by the Board, out of assets of the Corporation legally available therefor, such dividends as may be declared from time to time by the Board.

  • Holders of our Common Stock are entitled to receive such dividends as may be declared by our Board out of funds legally available therefor.

  • All accrued dividends on any Share shall be paid in cash only when, as and if declared by the Board out of funds legally available therefor or upon a liquidation or redemption of the Series B Preferred Shares in accordance with the provisions of Section 5 or Section 7.

  • Dividends upon the capital stock of the Corporation shall in the discretion of the Board from time to time be declared by the Board out of funds legally available therefor after setting aside of proper reserves.

  • Those personal materials and equipment which have been insured by the Board pursuant to this Article and which are used by an administrator for his assignment and which are damaged or destroyed because of fire, wind, rain or other physical plant problems shall be replaced or paid for by the Board out of any insurance proceeds it receives from said insurance company.

  • From and after the date on which a share of Series A Preferred Stock is first issued, the holders of such stock shall be entitled to receive, when, as and if declared by the Board, out of funds legally available therefor, cumulative cash dividends in the amount determined as set forth in Section 2(b).

  • A Special Assignment Teacher, defined as a certified teacher qualified in the area of Special Education, shall be appointed by the Board out of the classroom to work with teachers in such areas as assessment, testing and programme delivery.