PAG Director definition

PAG Director means such director of the Company as designated by the Purchaser pursuant to Section 4.2.
PAG Director means such director of the Company as designated by the Purchaser pursuant to Section 4.2. “Permits” has the meaning set forth in Section 3.1(o).
PAG Director has the meaning set forth in Section 3.1(a).

Examples of PAG Director in a sentence

  • Each Transaction Document to which the Purchaser is a party has been or will be duly executed and delivered by the Purchaser (or, in the case of the Director Indemnification Agreement, the PAG Director), and, assuming the due authorization, execution and delivery by the Company, constitutes a legal, valid and binding obligation of the Purchaser, enforceable against it in accordance with its terms, subject to the Bankruptcy and Equity Exception.

  • Each Transaction Document has been or will be duly executed and delivered by the Company (or, in the case of the Restrictions on Sale Agreement, the Key Persons), and, assuming the due authorization, execution and delivery by the Purchaser or the PAG Director (as applicable), constitutes a legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms, subject to the Bankruptcy and Equity Exception.

  • In all such insurance policies, the PAG Director shall be named as an insured in such a manner as to provide such PAG Director the same rights and benefits as are accorded to the most favorably insured of the Company’s directors.

  • In the event that the Purchaser (collectively with its Affiliates) ceases to meet the beneficial ownership threshold set forth in the preceding sentence, the Purchaser shall cause the PAG Director to promptly resign from the Board upon the Company’s written request.

  • The Holder shall have the right to designate one individual to be appointed as the PAG Director as stated in Section 4.2 of the Note Purchase Agreement (or, at the Holder’s option, as an observer of the Board) so long as the Holder satisfies the beneficial ownership threshold set forth in Section 4.2 of the Note Purchase Agreement.

  • At the Closing, the Purchaser shall (i) pay the Net Purchase Price in U.S. dollars by wire transfer of immediately available funds to a bank account designated in writing by the Company at least three (3) Business Days prior to the Closing Date, (ii) deliver to the Company the Director Indemnification Agreement, duly executed by the PAG Director, and (iii) deliver to the Company the Registration Rights Agreement and Restrictions on Sale Agreement, in each case duly executed by the Purchaser.

  • Appointee as the PAG Director shall be a principal, officer or employee of PAG or its Affiliates unless otherwise agreed to by the Company.

  • In the event that the Holder no longer satisfies such beneficial ownership threshold set forth in Section 4.2 of the Note Purchase Agreement and no Event of Default has occurred, the Company may, at its sole discretion, deliver a written request for the resignation of the PAG Director, and the Holder shall cause the PAG Director to promptly resign from the Board upon such request.

  • MOLME will appoint the PAG Director who will supervise PAG operations.

  • In the event that any PAG Director offers to tender his or her resignation, the Board shall use its discretion as to whether to accept such resignation and, if the Board chooses to accept such resignation, such PAG Director shall resign.

Related to PAG Director

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • Chairman-cum-Managing Director means Chairman-cum-Managing Director of any of the Subsidiary Companies of Coal India Limited, presently Central Coalfields Limited, Eastern Coalfields Limited, Western Coalfields Limited, Bharat Coking Coal Limited, Central Mine Planning & Design Institute Limited, South Eastern Coalfields Limited, Northern Coalfields Limited and Mahanadi Coalfields Limited.

  • Deputy Director means the Deputy Director of the Authority, as the case may be.

  • New Director means an individual whose election by the Board or 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 either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Associate Director means the associate director of the

  • Planning Director means the Planning Director of the City of Santa Xxxxxx, or his or her designee.

  • Executive Director means the executive director of the

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (i) was a member of such board of directors on the Closing Date, or (ii) was nominated for election or elected to such board of directors with the approval of the required majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Executive Chairman means the Executive Chairman of the Board.

  • Assistant Director means the Asstt. Director of the Authority, as the case may be.

  • Lead Director means, at any given time, the lead, independent member (if any) elected as such by the Board and occupying such position.

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

  • Qualifying Director means a Person who is, with respect to actions intended to obtain an exemption from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 under the Exchange Act, a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act.

  • Athletic director means an individual responsible for administering the overall athletic program of an educational institution or, if an educational institution has separately administered athletic programs for male students and female students, the athletic program for males or the athletic program for females, as appropriate.

  • Director means a member of the Board.

  • Deputy Chairman means the Non-Executive Director appointed by the Council of Governors to take on the Chairman’s duties if the Chairman is absent for any reason.

  • Local director means the director or his designated representative of the local department of the

  • relevant director means any director or former director of the company or an associated company;

  • Managing Director means the Managing Director of the Food Corporation of India.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Company Director means a member of the Board.

  • Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement.

  • Procurement Director or “System SCM Director” shall mean the System Director of Supply Chain Management who serves as chief procurement officer for the CCH.