functionary definition

functionary of any Enterprise means any director, officer, manager, administrator, employee, agent, representative or other functionary of that Enterprise, including, in the case of any employee benefit or welfare plan, any member of any committee administering that plan or any individual to whom the duties of that committee are delegated.

functionary means any person upon whom a power is conferred or a duty is imposed by this Act;

functionary of any Enterprise means any natural person who is a director, officer, manager, administrator, employee, agent, representative or other functionary of that Enterprise, including, in the case of any employee benefit or welfare plan, any member of any committee administering that plan or any individual to whom the duties of that committee are delegated.

Examples of functionary in a sentence

• The expenses of the Corporate Functionary incurred in connection with successfully establishing his right to indemnification, in whole or in part, in any such proceeding shall also be indemnified by the Corporation.

• Any indemnification under Sections 1 or 2 of this Article VI (unless ordered by a court) shall be made by the Corporation only as authorized in the specific case upon a determination that indemnification of the Corporate Functionary is proper in the circumstances because he has met the applicable standard of conduct set forth in Sections 1 or 2 of this Article VI.

• The right to indemnification or advance of expenses granted by this Article VI shall be enforceable by the Corporate Functionary in any court of competent jurisdiction if the Board of Directors or independent legal counsel denies his claim, in whole or in part, or if no disposition of such claim is made within 60 days.

• Any repeal or modification of these By-Laws or relevant provisions of the Delaware General Corporation Law and other applicable law, if any, shall not affect any then existing rights of a Corporate Functionary to indemnification or advancement of expenses.

• Expenses incurred by a Corporate Functionary in defending a civil, criminal, administrative, or investigative action, suit, or proceeding shall be paid by the Corporation in advance of the final disposition of such action, suit, or proceeding, upon receipt of an undertaking by or on behalf of the Corporate Functionary to repay such amount if it shall ultimately be determined he is not entitled to be indemnified by the Corporation as authorized in this Article VI.

More Definitions of functionary

functionary means a person who is a functionary in accordance with Article 4 in relation to a recognized fund;

functionary means a principal officer, officers or employees of a manager or an individual acting for or representing an authorized representative that is a corporate body, including a director, principal officer or other officers of that corporate body;

functionary means the manager, administrator, investment advisor, custodian or prime broker of the Company, or a person undertaking such other function with respect to the Company as may be specified as a functionary from time to time in the Mutual Funds Regulations;

functionary means a person who practices within the disaster management field / discipline irrespective of whether that person is professionally registered;

functionary means a director, member of the board, principal officer, other officer and employee of a financial institution or financial intermediary;

functionary. , for purposes of section 2A, means—

functionary. ’ means any person upon whom a power is conferred or duty is 45