Continuing Managers definition

Continuing Managers the directors of Holdings on the Closing Date, after giving effect to the Transactions and the other transactions contemplated hereby, and each other director, if, in each case, such other director’s nomination for election to the Board of Directors of Holdings is recommended by at least a majority of the then Continuing Managers or by a nominations committee thereof.
Continuing Managers means, as of any date, the collective reference to (i) all members of the Board of Managers of the Company who have held office continuously since the Issue Date, and (ii) all members of the Board of Managers of the Company who assumed office after such date and whose appointment or nomination for election by the holders of the Company’s Capital Stock was approved by a vote of at least 50% of the Continuing Managers in office immediately prior to such appointment or nomination or by the Huntsman Group.
Continuing Managers means, as of any date, the collective reference to:

Examples of Continuing Managers in a sentence

  • In the event that any of the Managers withdraws from or declines to participate in the Offering, all references to the Managers contained in this agreement shall be deemed to refer to the Manager or Managers that continue to participate in the Offering (the “Continuing Managers”), and, in such event, any written consent, waiver or notice given or delivered in connection with this agreement by the Continuing Managers shall be deemed to be sufficient and effective for all purposes under this agreement.


More Definitions of Continuing Managers

Continuing Managers means, as of any date, the collective reference to (i) all members of the Board of Managers of the Company who have held office continuously since a date no later than the later of (x) twelve months prior to the Company's initial public equity offering and (y) the Issue Date, and (ii) all members of the Board of Managers of the Company who assumed office after such date and whose appointment or nomination for election by the Company's shareholders was approved by a vote of at least 50% of the Continuing Managers in office immediately prior to such appointment or nomination or by the Huntsman Group.
Continuing Managers means (i) the managers (or functional equivalents thereof) of Holdco on the Closing Date, after giving effect to the Transactions and the other transactions contemplated hereby, and (ii) each other manager (or functional equivalent thereof) if such manager’s nomination for election to the Board of Directors of Holdco is recommended by at least a majority of the then Continuing Managers or by a nominations committee thereof or is otherwise designated by the Permitted Holders and their Controlled Investment Affiliates.
Continuing Managers means, as of any date of determination, any member of the Board of Managers of the Company who (i) was a member of such Board of Managers on the date of this Indenture, (ii) was nominated for election or elected to such Board of Managers with the approval of a majority of the Continuing Managers who were members of such Board at the time of such nomination or election or (iii) was nominated by a Principal pursuant to the Securityholders Agreement.
Continuing Managers means Managers who either (i) have been Managers continuously for a period of at least twelve (12) months or (ii) have been Managers for less than twelve (12) months and were elected or nominated for election as Managers by at least a majority of the Managers described in clause (i) who were still in office at the time such election or nomination was approved by the Board of Managers.
Continuing Managers means the managers of Avalon on the Issue Date and each other manager, if, in each case, such other manager's nomination for election to the board of managers of Avalon is recommended by at least 66 2/3% of the then Continuing Managers or such other manager receives the vote of the Permitted Investors in his or her election by the equityholders of Avalon.
Continuing Managers the managers of Avalon Cable on the Closing Date, after giving effect to the Acquisition Transactions completed on such Date and the other transactions contemplated hereby, and each other manager, if, in each case, such other manager's nomination for election to the board of managers of Avalon Cable is recommended by at least 66-2/3% of the then Continuing Managers or such other manager receives the vote of the Permitted Investors in his or her election by the equityholders of Avalon Cable.
Continuing Managers means the managers of the Issuer on the date hereof and each other manager whose nomination for election to the Board is recommended by at least a majority of the then Continuing Managers or who receives the vote of the Controlling Group in his or her election by the members or shareholders of the Issuer.