Investor Director Consent definition

Investor Director Consent means the prior written consent of the Investor Director;

Investor Director Consent means the prior written consent of [all OR at least [insert] of] [Note: amend as appropriate] the Investor Directors;

Investor Director Consent means the prior written consent of the majority of the Investor Directors and if any of Sofinnova Ventures, Sofinnova Partners or Morningside has not appointed an Investor Director, then the prior written consent of the Investor Directors who are appointed and if none of Sofinnova Ventures, Sofinnova Partners or Morningside has appointed an Investor Director, the consent of the Investor Majority in all cases such consent not to be unreasonably withheld;

Examples of Investor Director Consent in a sentence

• If a Sale or IPO is not achieved by the [fifth] anniversary of Completion then the Company shall if required by an Investor Majority at the Company’s expense appoint a professional adviser (to be agreed with the prior sanction of an Investor Director Consent) to report on exit opportunities and strategy and copies of such reports shall be made available to the Investors (at the Company’s cost).

• As a separate obligation, severable from the obligations in clause 10.1, the Company agrees that: save with Investor Majority Consent, it shall not effect any of the matters referred to in part 1 of schedule 6; and save with Investor Director Consent, the Company shall not effect any of the matters referred to in part 2 of schedule 6.

• Save with Investor Director Consent no business shall be transacted at any meeting of the Board (or committee of the Board) save for that specified in the agenda referred to in clause 8.4. [The Company shall pay to each of [Note: insert relevant Investor details] (or as it shall direct) from Completion, in respect of the provision of services (and whether or not an Investor Director holds office or any observer is appointed) a fee of £[ ] per annum exclusive of VAT.

• Part 2 Matters requiring Investor Director Consent Incur any capital expenditure (including obligations under hire-purchase and leasing arrangements) which exceeds the amount for capital expenditure in the relevant capital expenditure of the Budget [by more than [ ] per cent] or (where no items were specified but a general provision made) in relation to any item exceeding £[ ].

• In addition, if the price is not specified in cash, an equivalent cash value price must be agreed between the Seller and the Board (including Investor Director Consent).

More Definitions of Investor Director Consent

Investor Director Consent means the prior written consent of [all/a number of] [Note: amend as appropriate] the Investor Directors and if any Investor who is entitled to do but has not appointed an Investor Director, the consent of [the relevant Investor]/[the Investor Majority]];

Investor Director Consent means the prior written consent of any one Investor Director;

Investor Director Consent means the prior written consent of an Investor Director;

Investor Director Consent means the prior written consent of one of the atai Investor Directors (if appointed) and the Series AB Investor Director (if appointed);

Investor Director Consent means the consent of all of the Investor Directors as are appointed from time to time given either:

Investor Director Consent means the consent of a majority of the Board (including at least one (1) Investor Director) given either:

Investor Director Consent means the prior written consent of at least two Investor Directors;