Required disclosure definition

Required disclosure means disclosure by the director who has a conflicting interest of:
Required disclosure means disclosure of:
Required disclosure means disclosure by the direc- tor who has a conflicting interest of (a) the existence and nature of the director's conflicting interest, and (b) all facts known to the director respecting the subject matter of the transaction that an ordinarily prudent person would reason- ably believe to be material to a judgment about whether or not to proceed with the transaction.

Examples of Required disclosure in a sentence

  • Required disclosure means disclosure of (i) the existence and nature of the director's conflicting interest and (ii) all facts known to the director respecting the subject matter of the transaction that a director free of such conflicting interest would reasonably believe to be material in deciding whether to proceed with the transaction.Sec.


More Definitions of Required disclosure

Required disclosure means disclosure of all of the following:
Required disclosure means disclosure by the director who has a conflicting interest of both:
Required disclosure shall have the meaning set forth in Section 10.7.2(a).
Required disclosure means a disclosure that is made—
Required disclosure has the meaning set forth in Section 7.03(a).
Required disclosure means a disclosure of Information that (a) a Party or one of its Group Members determines is required pursuant to applicable Law (including the rules and regulations of the SEC or any national securities exchange, including as the same may apply to the registration of any securities in connection with a proposed Post-Distribution Financing), (b) is demanded or requested pursuant to any legal process or (c) is made in response to any demand or request by a Governmental Authority (including any such disclosure to the extent reasonably necessary to respond to any written request or official comment from a Governmental Authority, such as in connection with responding to (i) comment letters from SEC in connection with a Post-Distribution Financing or otherwise or (ii) requests for information from the U.S. Food and Drug Administration).
Required disclosure means disclosure in writing by the Covered Person who has a Conflicting Interest of (1) the existence and nature of the Covered Person’s Conflicting Interest, and (2) all facts known to the Covered Person respecting the subject matter of the transaction that an ordinary prudent person reasonably would believe to be material to a judgement as to whether or not to proceed with the transaction