New Directors definition

New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

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New Directors shall have the definition assigned thereto in Section 4.04.

New Directors means James Bell, Scott Gahn, Tony Horton, Steven Murray, Dallas Ross, Steven Schaefer and Marcie Zlotnik.

Examples of New Directors in a sentence

For the avoidance of doubt, the New Directors shall have access to all historical Board and Board committee materials, minutes, and resolutions.
All members of the Board, including the New Directors, shall be permitted to join any Board meeting (including with external counsel) in which the Board and/or management shall discuss or consider the N▇▇▇▇▇▇ Litigation or any material transactions with Nielsen.
The management team shall meet with the New Directors within fourteen (14) days of their appointment to the Board to provide background and the current status of the N▇▇▇▇▇▇ Litigation (the “Initial Meeting”).
The New Directors shall not be on the Board’s Restructuring Committee, which shall be disbanded as a condition precedent of the effectiveness of the RSA.
After the Initial Meeting, (i) the full Board shall meet at least once every fourteen (14) days to discuss any updates with respect to the N▇▇▇▇▇▇ Litigation, and (ii) upon the request of the New Directors, management shall meet with the New Directors (and any other Board members wishing to join) at least once per month to provide additional information on the N▇▇▇▇▇▇ Litigation and address questions related thereto.

More Definitions of New Directors

New Directors means such individuals to be appointed to the board of directors of Nabis on the Proposal Implementation Date as determined by the Consenting Debentureholders;

New Directors means, with respect to any subsidiary of the Company, as of any date of determination, all of the directors then on the board of directors of such subsidiary who were not directors of such subsidiary on the day immediately prior to the Closing Date; provided, however, that, notwithstanding the foregoing, any Person serving on the Bezeq Board as a Workers’ Representative shall not be considered a New Director.

New Directors has the meaning set forth in Section 4.9.

New Directors means the following individuals: (a) [●]; and (b) [●];]5

New Directors means seven (7) directors, comprised as follows: (i) three (3) nominees from the Secured Noteholders; (ii) (a) one (1) nominee by Oasis, (b) one (1) nominee by Senvest, and (c) one (1) nominee by Hadron; and (iii) the Chief Executive Officer of ICH who shall be agreed upon by the Secured Noteholders and the Initial Supporting Unsecured Debenture Holders and then appointed by the New Board;

New Directors means any directors of the board of directors of the Parent Borrower whose election as of or following the Effective Date by the Parent Borrower’s board of directors or whose nomination for election by the shareholders of the Parent Borrower was approved by a vote of a majority of the directors of the board of directors of the Parent Borrower who, at the time of such vote, were either Present Directors or New Directors but excluding any such individual whose initial assumption of office occurs solely as a result of an actual or threatened proxy contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Parent Borrower’s board of directors.

New Directors means, together, the First New Director and the Second New Director.