{"component": "definition", "props": {"groups": [{"size": 14, "snippet_links": [{"key": "the-board-of-directors", "type": "definition", "offset": [27, 49]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [60, 82]}], "samples": [{"hash": "ccfP9gCFhHA", "uri": "/contracts/ccfP9gCFhHA#current-directors", "label": "Share Purchase Agreement (Ituran Location & Control Ltd.)", "score": 29.3251190186, "published": true}, {"hash": "kM3GFh35ymW", "uri": "/contracts/kM3GFh35ymW#current-directors", "label": "Stockholders Agreement (Allergan PLC)", "score": 27.6009578705, "published": true}, {"hash": "faAFTvxIRKB", "uri": "/contracts/faAFTvxIRKB#current-directors", "label": "Shareholder Agreement (Mylan N.V.)", "score": 27.1273097992, "published": true}], "snippet": "means directors serving on the Board of Directors as of the date of this Agreement.", "hash": "8448d0e75cf93919b6b06b9df08aba07", "id": 1}, {"size": 12, "snippet_links": [{"key": "the-directors", "type": "clause", 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\u2587. Andr\u2587\u2587 \u2587\u2587\u2587\u2587\u2587, \u2587.C. Garr\u2587\u2587\u2587\u2587, \u2587.\u2587. \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Olin \u2587. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587. Upon the receipt of such Control Change Notice or, if no Control Change Notice is given, upon the occurrence of a Change of Control, the holder or holders of any Notes shall have the privilege, upon written notice (the \"Tender Notice\") to NHLP, of tendering all Notes held by such holder or holders serving such Tender Notice to NHLP for purchase and thereupon NHLP shall be obligated to purchase such Notes on such date (the \"Payment Date\") as NHLP shall specify in a written notice delivered to such holder or holders, which notice shall be delivered by NHLP to such holder or holders not later than 20 days prior to the Payment Date. The Payment Date shall be not later than 20 days after the consummation of such Change of Control, in the event that such Tender Notice is served on or prior to the date of the consummation of such Change of Control or 20 days after the date such Tender Notice is served, if such Tender Notice is not served on or prior to the date of such Change of Control, and NHLP covenants and agrees to purchase or cause to be purchased on the Payment Date all Notes held by such holder or holders serving such Declaration Notice to NHLP; provided, however, that in the event that a Control Change Notice has in fact been given as hereinabove contemplated, such Tender Notice shall be served prior to 60 days after receipt of such Control Change Notice. In the event that a Control Change Notice is given and a holder of the Notes fails to provide a Tender Notice within the time period set forth above, NHLP shall not be obligated to purchase the Notes held by such holder as a result of such Change of Control. 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letter of credit shall additionally provide that draws may be made by any four of the <strong>Current Directors</strong>, one of which may but need not be the Indemnitee, upon their certification that (a) Indemnitee is entitled to indemnity or Expenses Advances under this Agreement, (b) Indemnitee has demanded the amount being drawn from the Company in writing, and (c) the Company has not paid the full amount within the time required by this Agreement.", "If, after the initial or any subsequent period, such letter of credit is not renewed for a subsequent period, any four of the <strong>Current Directors</strong> shall have the right to draw the full amount thereof to hold as cash collateral securing the obligations under this Agreement.", "Such letter of credit shall be established no later than ten (10) days after the date of this Agreement and shall remain in place for an initial period of one year or, if less, until any four of the <strong>Current Directors</strong>, one of which may but need not be the Indemnitee, at their sole election, consent to the termination of such letter of credit.", "The <strong>Current Directors</strong> are intended third party beneficiaries of this Section 6.12 with the right to enforce the terms hereof without any action on the part of any other party..", "In sole reliance upon inducement of \u2587\u2587\u2587\u2587 stemming from his foregoing covenants, warranties and representations, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 agrees to cause the Board of Directors of NuTek (&quot;<strong>Current Directors</strong>&quot;) to hold a special meeting upon execution of this agreement for the purpose set forth in SECTION SIX above.", "<strong>Current Directors</strong> and Officers of the Company Directors: \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 President: \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Secretary: \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 <strong>Current Directors</strong> and Officers of ETI Directors: \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 President: \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Secretary: \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 <strong>Current Directors</strong> and Officers of TCTMC Directors: \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 President: \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Secretary: \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 Schedule 3.10 Employees and Independent Contractors None of the Company or either Subsidiary have any employees.", "CanArgo shall deliver the written resignation of each of the <strong>Current Directors</strong> unless the <strong>Current Directors</strong> agree with the Purchaser to remain as directors of the Company after Completion.", "Jack \u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587e \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 (along with Indemnitee, the &quot;<strong>Current Directors</strong>&quot;) and Fran\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587ch of whom, along with Indemnitee, shall be named a beneficiary of the letter of credit.", "If a vacancy occurs among the New Directors which will be filled by the Board of Directors, the <strong>Current Directors</strong> shall vote to elect as a director the person selected by the remaining New Directors to fill such vacancy.", "Notwithstanding anything in this Section 8.10 to the contrary, neither the obligations of the Investors nor the rights of the <strong>Current Directors</strong> and their successors or the Company under this Section 8.10 shall apply to, or otherwise affect, any election, removal, replacement or other designation of any of the First Director, the Second Director or the Third Director."], "related": [["parent-directors", "Parent Directors", "Parent Directors"], ["new-directors", "New Directors", "New Directors"], ["independent-directors", "Independent Directors", "Independent Directors"], ["incumbent-directors", "Incumbent Directors", "Incumbent Directors"], ["investor-directors", "Investor Directors", "Investor Directors"]], "related_snippets": [], "updated": "2026-02-25T05:25:33+00:00"}, "json": true, "cursor": ""}}