Present Director definition

Present Director means a member of the Board who (1) is not designated as a member of the Board by any ML Entity or ML Successor, (2) does not otherwise have any agreement, arrangement or understanding with any ML Entity or ML Successor for the purpose of serving as a member of the Board, and (3) is not an Affiliate or an Associate (as hereinafter defined) of any ML Entity or ML Successor.
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Examples of Present Director in a sentence

  • How violated: RELIEF SOUGHT (Signature of Grievant) Name(s) of Association Representatives Present: *Director will provide copy to Superintendent.

Related to Present Director

  • 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.

  • 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 that person in a professional capacity; and

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

  • Deputy Director means a pharmacist who is employed by the

  • Department Director means the director of the department of human rights.