Further Governors definition

Further Governors means Governors who may be appointed by the Secretary of State under the Articles of Association if a Special Measures Termination Event, as defined in this Agreement, occurs;

Further Governors means the Governors appointed pursuant to Article 63 ;

Further Governors means the Governors appointed pursuant to Article 63;

Examples of Further Governors in a sentence

• If a Special Measures Termination Event occurs, the Secretary of State may: by notice in writing to the Academy Trust terminate this Agreement forthwith; or appoint such Further Governors to the Academy Trust as he thinks fit in accordance with the Articles and/or may provide up to 12 months’ notice in writing to terminate this Agreement.

• If, following the exercise of the Secretary of State’s powers to appoint Additional Governors or Further Governors, pursuant to the Articles of Association the Members pass an ordinary or special resolution to remove one or more of those Additional or Further Governors appointed by the Secretary of State, the Secretary of State may give the Academy Trust 12 months, or such lesser period as he considers appropriate in the circumstances, written notice to terminate this Agreement.

• The Secretary of State’s right to terminate this Agreement under clause 101 shall cease if he removes any of the Additional Governors or Further Governors which he has appointed pursuant to the Articles of Association.

• In the event that the Secretary of State appoints Further Governors in accordance with clause 97(b), the Academy Trust must, upon the request of the Secretary of State, procure the resignation of the Governors appointed in accordance with the Article 50 of the Articles of Association.

• The Secretary of State’s right to terminate this Agreement under clause 107 shall cease if he removes any of the Additional Governors or Further Governors which he has appointed pursuant to the Articles of Association.

More Definitions of Further Governors

Further Governors means the Governors appointed pursuant to Article63;

Further Governors means Governors who may be appointed by the Secretary of State under the Articles of Association if a Special Measures Termination Event, as defined in this Agreement, occurs or the Secretary of State is satisfied that a Member or Governor of the Academy Trust is not a suitable person or the Secretary of State considers it necessary to appoint such Governors to enable the Academy Trust to secure a permanent site if the Academy Trust has been unable to do so;

Further Governors means Governors who may be appointed by the Secretary of State under the Articles of Association if a Special Measures Termination Event, as defined in this Agreement, occurs; “Insured Risks” means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

Further Governors means the Governors appointed pursuant to Article 62;

Further Governors means Governors who may be appointed by the Secretary of State under the Articles of Association if an Inadequate Provision Termination Event, as defined in this Agreement, occurs or the Secretary of State is satisfied that a Member or Governor of the Academy Trust is not a suitable person or the Secretary of State considers it necessary to appoint such Governors to enable the Academy Trust to secure a permanent site if the Academy Trust has been unable or is unwilling to do so; references to “Inadequate Inspection Event” in the Memorandum and Articles of Association of the Academy Trust at Annex A shall be taken to refer to “Inadequate Provision Termination Event” as defined in this Agreement;

Further Governors means the Governors appointed pursuant to Article 61;

Further Governors means Governors who may be appointed by the Secretary of Stateunder the Articles of Association if a Special Measures Termination Event, as defined inthis Agreement, occurs;