New Board definition

New Board means the initial board of directors of the Reorganized Debtor, to be appointed as of the Effective Date.

Examples of New Board in a sentence

  • Provisions regarding the removal, appointment, and replacement of members of the New Board to the extent applicable, will be disclosed in the New Corporate Governance Documents.

  • Dr. HornsbyCRITI1.CAL BUSINESS - (Second Readers)Board Policy and Planning Committee: New Board Policy No. 0115- Basic Commitments – Information Technology Services – Acceptable Usage Guidelines.

  • As of the Effective Date, the terms of the current members of the board of directors of the Debtors shall expire and the existing officers of the Debtors shall be automatically removed as officers, and the New Board and new officers of each of the Reorganized Debtors shall be appointed.

  • Agenda - New Board Member Orientation - January 20 2023 2.C.1-2 Board Development and Training Document Nov.

  • For subsequent terms, following the Effective Date, members of the New Board and new officers of each of the Reorganized Debtors shall be appointed in accordance with the New Corporate Governance Documents and other constituent documents of each Reorganized Debtor.


More Definitions of New Board

New Board means the board of directors or managers of Reorganized Parent.
New Board means the board of directors of the Reorganized Debtors appointed in accordance with the terms of the Governance Term Sheet. The identities of directors on the New Board shall be set forth in the Plan Supplement.
New Board means the initial Board of Directors or Board of Managers, as the case may be, for the Reorganized Debtors on the Effective Date, as the same may be constituted from time to time (subject to the New Organizational Documents).