Remaining Director definition

Remaining Director has the meaning set forth in Section 1.3(a).
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Remaining Director shall have the meaning set forth in Section 11(e) hereof.
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Remaining Director means one of the members of the Company Board of Directors serving as a member of the Special Committee as of the date of this Agreement chosen in the following manner: the Special Committee shall propose two of such directors as candidates to serve as the Remaining Director and Parent shall choose one of the two proposed directors, which director shall be the Remaining Director. Immediately following the Director Effective Time, subject to the provisions of the previous sentence, the Company shall take all action necessary to cause individuals designated by Parent to constitute (i) a majority of each committee (other than the Special Committee, which shall be terminated as of the Director Effective Time) of the Company Board of Directors and (ii) all members of each board of directors (and each committee thereof) of each Subsidiary of the Company and Company Joint Venture (or, in the case of Subsidiaries or Company Joint Ventures as to which the Company is entitled to appoint less than all of the directors pursuant to contractual arrangements with third parties, then such number of directors as the Company is entitled to appoint), in each case to the fullest extent permitted by applicable Law.
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Examples of Remaining Director in a sentence

  • In the case of the issuance of the Additional Stock for a consideration in whole or in part other than cash, the consideration other than cash shall be deemed to be the fair market value thereof as determined in good faith by the Board of Directors, including a majority of the voting power of the Preferred Directors and the Remaining Director, collectively, irrespective of any accounting treatment.

  • Each Remaining Director so elected shall hold office for a term expiring at the next annual meeting following the annual meeting of stockholders at which such director was elected and until his successor is duly elected and qualified, subject to his earlier death, disqualification, resignation or removal.

  • Moore (2004) finds that victims of predatory lending were less financially literate than the general population, and Xiao et al.

  • Each Remaining Director shall be elected by the vote or written consent of the holders of a majority of the outstanding shares of Senior Preferred Stock and Common Stock (voting together as a single class on an as converted to Common Stock basis).

  • Consequently, as to the Remaining Directors, stockholders holding a majority of the outstanding voting power entitled to vote in an election of directors could remove any Remaining Director with or without cause.

  • Any remaining members of the Corporation’s Board of Directors (the “ Remaining Directors”) shall be elected by a majority of the Common Stock and Preferred Stock, voting together as a single class and on an as-converted basis at each meeting or pursuant to each consent of the Corporation’s stockholders for the election of Directors, and to remove from office such Remaining Directors, and to fill any vacancy caused by the resignation, death or removal of any such Remaining Director.

  • Pursuant to clause (a)(1)(ii) of Article II, Section 12 of the Bylaws of the Corporation, the Corporation shall cause to exist a nominating committee composed of the Remaining Directors then in office for the purpose of nominating the Board of Directors' nominees as Remaining Directors (the "Remaining Director Nominating Committee").

  • Prior to each annual meeting of stockholders, the Board of Directors' nominees for Remaining Directors shall be nominated by the Remaining Director Nominating Committee.

  • If a Remaining Director shall cease to serve as a director for any reason, another director elected by the holders of a majority of the outstanding shares of Senior Preferred Stock and Common Stock (voting together as a single class on an as converted to Common Stock basis) shall replace such director.

  • There are two vacancies: one Series A Director vacancy and one Remaining Director vacancy.


More Definitions of Remaining Director

Remaining Director. Mr. Yang Mao Zeng, the remaining executive Director; "Sale Shxxxx" 1,446,121,500 Ordinary Shares;
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Remaining Director shall have the meaning specified in SECTION 2.01.
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Related to Remaining Director

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

  • 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

  • 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.

  • Rector means the Rector of the University;

  • 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.

  • 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.

  • Associate Director means the associate director of the

  • 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.

  • Executive Director means the executive director of the

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

  • 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;

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

  • 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.

  • 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.

  • Presidential elector means an elector for President and Vice President of the

  • 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.

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

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

  • 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.

  • Regional Director means the Regional Director of the Southwestern Region of the Ministry;

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Executive Chairman means the Executive Chairman of the Board.

  • Director means a member of the Board.

  • Deputy Chairperson means the deputy chairperson from time to time of the Trust if one is appointed in accordance of rule 4 of the Third Schedule;

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