Powers Reserved to the Board definition

Powers Reserved to the Board means actions that require Board approval for management to undertake as delineated in the attached Exhibit B and as it is amended by the Board from time to time.
Sample 1
Powers Reserved to the Board means actions that require Board approval for management to undertake as delineated in the Corporate Governance Principles, above.
Sample 1

Examples of Powers Reserved to the Board in a sentence

  • The following ‘Schedule of Powers Reserved to the Board’ is highlighted in the Decision Tree Flowchart in section 4.1.4. Standing OrdersSchedule of Powers Reserved to the Board of Directors of the Business Services Organisation ITEMS RESPONSIBILITY/TASK CONTROLS LEAD PERSON 3.2.1 Set Strategic Direction To set the strategic direction of the BSO within the overall policies and priorities of the HPSS, define its annual and longer term objectives and agree plans to achieve them.

  • They should be used in conjunction with the Schedule of the Powers Reserved to the Board and the Scheme of Delegation adopted by the Board.

  • Chief Environmental Officer 20 CHAPTER IV • NORTH AMERICAN DEVELOPMENT BANK BOARD OF DIRECTORS 21 Article I • Board of Directors 21 Article II • Board Members 21 Article III • Chairperson 22 Article IV • Powers Reserved to the Board 22 Article V • Board Meetings 22 Article VI • Voting 22 Article VII • General 22 Section 1.

  • The user of these Standing Orders should also be familiar with and comply with the provisions of the Trust’s SFIs. Note in particular procedures for tendering, quotations and contracts and the Schedule of Powers Reserved to the Board.

  • Included in the Powers Reserved to the Board (see B.2) is the renewal of the Directors & Officers Insurance policy (“D&O Policy”).

  • Additionally, it specifies that the Board shall draw up a Schedule of Powers Reserved to the Board, and a Scheme of Delegation to enable responsibility to be clearly delegated to senior executives.

  • The user of these SFIs should also be familiar with and comply with the provisions of the Trust’s SOs. Note in particular procedures for Tendering, Quotations and Contracts and the Schedule of Powers Reserved to the Board.

  • Board Board DELEGATION OF POWERS: The board delegates to the Director of Development and Operations (DDO) responsibility for leading and managing the day to day affairs of the Society in accordance with Powers Reserved to the Board, Society policies and approved plans; and accountability to the Board; giving them the necessary information on which to make fair judgements to allow them to fulfil their role effectively.

  • Additionally it specifies that the Board shall draw up a Schedule of Powers Reserved to the Board, and a Scheme of Delegation to enable responsibility to be clearly delegated to Senior Executives.

  • The user of these SOs should also be familiar with and comply with the provisions of the Trust’s SFIs. Note in particular procedures for Tendering, Quotations and Contracts and the Schedule of Powers Reserved to the Board of Directors.

Related to Powers Reserved to the Board

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships.

  • Company Board of Directors means the board of directors of the Company.

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Guarantor’s Board of Directors means the board of directors of the Guarantor or any committee of that board duly authorized to act generally or in any particular respect for the Guarantor hereunder.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Full Board means the authorized number of voting members of the Board of Education.

  • Total Number of Directors means the total number of directors comprising the Board from time to time.

  • Member of the Board means an individual who is a member of the Board or of the board of directors of a Subsidiary or an Affiliate.

  • Management Board means the management board of the Company.

  • Sale of the Corporation means (i) the sale of all or substantially all of the Corporation's assets to a Person who is not an Affiliate of the Corporation, (ii) the sale or transfer of the outstanding capital stock of the Corporation to one or more Persons who are not Affiliates of the Corporation, or (iii) the merger or consolidation of the Corporation with or into another Person who is not an Affiliate of the Corporation, in each case in clauses (ii) and (iii) above under circumstances in which the holders of a majority in voting power of the outstanding capital stock of the Corporation, immediately prior to such transaction, own less than a majority in voting power of the outstanding capital stock of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction. A sale (or multiple related sales) of one or more subsidiaries of the Corporation (whether by way of merger, consolidation, reorganization or sale of all or substantially all assets or securities) which constitutes all or substantially all of the consolidated assets of the Corporation shall be deemed a Sale of the Corporation.

  • the Board means the board of directors of the Company;

  • Company Board means the Board of Directors of the Company.

  • Board or Board of Directors means the Board of Directors of the Company.

  • Parent Board means the board of directors of Parent.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • Executive Committee means the Executive Committee of the Board.

  • Change in Control of the Corporation means a change in control of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended ("Exchange Act"), or any successor thereto, whether or not the Corporation is registered under the Exchange Act; provided that, without limitation, such a change in control shall be deemed to have occurred if (i) any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Corporation representing 25% or more of the combined voting power of the Corporation's then outstanding securities; or (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Corporation cease for any reason to constitute at least a majority thereof unless the election, or the nomination for election by stockholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning of the period.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Board of Directors means the board of directors of the Company.

  • College board means the state board for community and

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • senior police officer means a police officer of, or above, the rank of inspector.