Kanas definition
Examples of Kanas in a sentence
Should the Kanas Department of Education issue such mandatory guidelines, the Board of Education can approve such mandatory guidelines without being required to have the prior approval of this committee.
In the event Kanas shall cease to be the Chief Executive Officer of the Company or any of its Subsidiaries, then Kanas shall resign from the Board and the Company and Kanas shall use their respective best efforts to cause the other Kanas Nominee to immediately resign from the Board.
Each Investor Nominee and Kanas Nominee shall be the nominees of the Company and the Nominating and Governance Committee of the Board and the Company shall solicit proxies for each of such nominees to the same extent it does for any other nominees of the Company to the Board.
In such an event, Kanas or such Investor Group shall be entitled to select a Person as a replacement nominee and the Company shall use its best efforts to cause such Person to be nominated as the Kanas Nominee or the Investor Nominee of the relevant Investor Group, as the case may be, at the same meeting (or, if permitted, pursuant to the same action by written consent of the Stockholders) as such initial Person was to be nominated.
Other than with respect to the issue set forth in the preceding sentence, neither the Company nor any other party to this Agreement shall have the right to object to any Investor Nominee or Kanas Nominee.
This Agreement shall terminate and be of no further force and effect at such time as each Investor Group ceases to beneficially own at least 5.0% of the total number of shares of Common Stock outstanding and Kanas ceases to be the Chief Executive Officer of the Company.
The Borrower has informed the Administrative Agent of the existence of the Kanas Notes Default and now seeks a waiver by the Lenders of the Event of Default which exists as a result thereof under Section 8.01(h) of the Credit Agreement (the "Kanas Default").
The Lenders hereby waive the Kanas Default, subject to the satisfaction of the terms and conditions of Section 6 hereof.
Kanas represents and warrants that, prior to the capitalization of the Company in connection with the consummation of the transactions contemplated by the FDIC Purchase Agreement, the Company had no assets or liabilities and did not engage in any business, other than as an incident to attempting to be chosen to enter the FDIC Purchase Agreement.
Subject to the terms and conditions of this Note and Agreement, additional advances of up to $2,000,000 in the aggregate (the “Approved Kansas Work Program Advance Limit”) shall be made available to Makers to fund the direct costs attributable to those services authorized and approved by Payee with respect to Makers’ interest in its Kanas properties (the “Kansas Work Program”).