Interested Directors definition

Interested Directors means any Director whose presence cannot by reason of Article 156 hereof or any other provision in the Act, count for the purpose of forming a quorum at a meeting of the Board, at the time of discussion or vote on any matter.

Interested Directors means members of the Board who are “interested person,” as defined in the Investment Company Act, because of such person’s affiliation with the Fund (“Interested Directors”).

Interested Directors means those members of the Company Board or the Prefco Board, as applicable, who have declared an interest in, and refrained from voting in respect of, the transactions contemplated by the Support Agreement;

Examples of Interested Directors in a sentence

• LSS, LCH, Lim Chip Keong, Lim Choon Yan, Lim Chun Kim, Lee Ping Kong, Puan Sri Datin Sabariah binti Ahmad and Tiara binti Nasruddin who are connected with the Interested Directors and/or major shareholders, will abstain from voting in respect of their direct and/indirect shareholdings in relation to the resolutions deliberating or approving the Proposed Renewal of Shareholders’ Mandate at the forthcoming AGM to be convened.

• The Board (save for the Interested Directors), having considered all aspects of the Proposals including their rationale and effects, is of the opinion that the Proposals are in the best interest of the Company.

• Interested Directors may be counted in determining the presence of a quorum at a meeting of the Board or Shareholders which authorizes such contract or transaction but in no event may they vote on the issue.

• Interested Directors will also abstain from voting in respect of his direct and/or indirect shareholdings (if any) in relation to the resolutions approving the Proposed Renewal of Shareholders’ Mandate at the forthcoming AGM to be convened.

• The Interested Directors and Major Shareholders undertake that they shall ensure that the persons connected with them will abstain from voting on the resolutions deliberating or approving the Proposed Renewal of Shareholders’ Mandate at the forthcoming AGM.

More Definitions of Interested Directors

Interested Directors shall have the meaning set forth in Article 12.6 of these Articles of Association.

Interested Directors means directors who are, at the time, parties to the Proceeding for which indemnification is sought.

Interested Directors means Messrs. Peter Grosskopf, Paul Dimitriadis and Donald Copeland.

Interested Directors means those members of the Company Board who have declared an interest in, and refrained from voting in respect of, the transactions contemplated by the Offer;

Interested Directors means those members of the DW Board of Directors who have declared an interest in, and refrained from voting in respect of, the transactions contemplated under the Support Agreement, being Mr. Robert Brooks, Mr. David Goodman, Mr. Ned Goodman, Mr. J. Harold Gordon, Mr. Garth MacRae, Mr. Robert McLeish and Mr. Russell Morgan;

Interested Directors means a director within the meaning of Section 184(2) for the purposes of this Article.

Interested Directors means Richard Mavrinac and Jason Wild;