Nominee Director definition

Nominee Director means, for the purposes of Rule 8A, a Person that acts as a director on behalf of another Person or in accordance with the directions, instructions or wishes of another Person.
Nominee Director means a director of the VCC who is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of any other person.
Nominee Director shall have the meaning assigned to the term in Section 12.11.

Examples of Nominee Director in a sentence

  • All the Independent Directors of the Company are neither Managing Director, nor a Whole Time Director nor a Manager or a Nominee Director.

  • The Board does not have any Nominee Director representing any institution.

  • Devjani Mandal was appointed as Nominee Director of IDBI Bank Ltd.

  • In this Agreement, the term “Board” shall mean the entire Board (comprising all Representative Directors and Nominee Directors) and the term “Director” shall be used to refer generally to either a Representative Director or a Nominee Director).

  • A Nominee Director may be removed and replaced at any time by a majority vote of the Board.


More Definitions of Nominee Director

Nominee Director means each of the Investor Nominee Directors and the RMG Nominee Director.
Nominee Director means a person that acts as a director on behalf of another person or in accordance with the directions, instructions or wishes of another person;
Nominee Director has the meaning given to that term in clause 3.1.
Nominee Director means an individual nominated by the single member to act as director in case of death of single member;
Nominee Director means an individual nominated by a single member to act as director in case of his death;
Nominee Director means a Director nominated by one of the CBM, DICA, the SECM and the UMFCCI, as appointed by the Board pursuant to clause 58(b).
Nominee Director means a Person that acts as a director on behalf of a Nominator or in accordance with the directions, instructions or wishes of a Nominator.