Permitted Nominee definition

Permitted Nominee means a person or entity permitted by the Board, pursuant to clause 7.2 of the Rules, to accept an offer of Loan Options made to an Eligible Person in place of the Eligible Person.

Permitted Nominee means a person or entity permitted by the Board to accept the offer of Director Options made to Dr Newman in place of Dr Newman;

Permitted Nominee means in respect of an Eligible Participant:

Examples of Permitted Nominee in a sentence

• If Options are issued to a Permitted Nominee of an Eligible Person, the Eligible Person must, without limiting any provision in these Rules, ensure that the Permitted Nominee complies with these Rules.

• Terms of Reference (ToR) and requirements on environmental audit are summarized in Section 7.2.

• If an Eligible Participant ceases to Control their Permitted Nominee at any time, the Board may determine that any Options granted to the Permitted Nominee be transferred to the Eligible Participant.

• The Board can, in its absolute discretion and without providing an explanation, decide whether or not to grant a Permitted Nominee (nominated by an Eligible Participant) Options.

• Where the Board decides not to grant Options to a Permitted Nominee, the Board will grant the Options to the Eligible Participant instead and the Eligible Participant is taken to have accepted the Offer personally.

More Definitions of Permitted Nominee

Permitted Nominee has the meaning set out in clause 2.2(a);

Permitted Nominee means, in respect of an ESS Participant:

Permitted Nominee means any nominee of a Prepetition Lender that such Prepetition Lender has confirmed in writing to the Debtors and the First Lien Agent (or the Second Lien Agent, as the case may be) that it is such Prepetition Lender’s nominee for the purposes of distribution of some or all of such Prepetition Lender’s Plan Distribution Property, provided that such nominee shall be an affiliate of such Prepetition Lender.

Permitted Nominee means a wholly-owned subsidiary of the Lender which is resident for tax purposes in the same jurisdiction as the Lender.

Permitted Nominee is defined in Section 5.1(b).

Permitted Nominee means, with respect to AESOP Leasing, AESOP Leasing II or CCRG, the nominee titleholder(s) for such Person appointed pursuant to the Vehicle Title and Lienholder Nominee Agreements to which it is a party.

Permitted Nominee means, with respect to AESOP Leasing, AESOP Leasing II or ARAC, the nominee titleholder(s) for such Person appointed pursuant to the Vehicle Title and Lienholder Nominee Agreements to which it is a party.