Preference Director definition

Preference Director means each of the Preference Directors.
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Preference Director means such Director nominated by Preference Shareholder(s), in accordance with these Articles.
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Examples of Preference Director in a sentence

  • If any Preference Director is not present at the meeting, the meeting shall stand adjourned to the fifth (5th) Business Day after the original date at the same time and place.

  • Of the four (4) Directors to be appointed by the Preference Shareholders, one (1) Preference Director shall be nominated by UOB Hermes, one (1) Preference Director shall be nominated by Fidelity, one (1) Preference Director shall be nominated by NAP and one (1) Preference Director shall be nominated by GA.

  • The “key person” policy shall name the Company as loss payee and neither policy shall be cancelable by the Company without prior approval of the Board of Directors (including at least one Preference Director).

  • The Company shall also reimburse the Preference Director for all reasonable expenses incurred in his/her service as member of the Board of Directors.

  • Each Preference Director shall have one (1) vote and the Ordinary Director shall have seven (7) votes on any matter submitted for approval of the Board.

  • The Preference Director shall be entitled to designate an alternate, anytime and from time to time, to serve at any meeting of the Board of Directors or of any committee thereto, and such alternate shall be permitted to attend all meetings of the Board of Directors or of any committee and vote on the Preference Director’s behalf.