Resigning Director definition

Resigning Director has the meaning assigned to such term in Section 5.16.

Resigning Director means, in respect of a Group Company included in the table in Schedule 9, each person specified in the table in Schedule 9 as being a director of that Group Company that will resign at Completion;

Resigning Director has the meaning ascribed to it in Section 5.1(d).

Examples of Resigning Director in a sentence

• Each of the DSUs, whether vested or unvested, granted to a Resigning Director shall be treated as if such Resigning Director had voluntarily resigned as of the date of this Agreement and shall be paid out in cash as soon as practical after the Effective Time.

• Parent shall have received written evidence reasonably satisfactory to Parent of the irrevocable resignation, effective as of the Effective Time, of each Resigning Director as designated and instructed by Parent pursuant to Section 5.15.

• No Continuing Director or Resigning Director has an interest in the Subscription.

• Except as otherwise provided below, the Company hereby covenants and agrees not to xxx, initiate, or pursue any causes of action, claims, defenses, requests for relief, contributions, indemnities, lawsuits, controversies or the like against Resigning Director in connection with Resigning Director’s service as a member of the Board, a member of any committees thereof.

• The Company shall, upon the request of any Resigning Director, promptly remove any restrictive legends under the Securities Act of 1933, as amended, on any share certificates representing Common Stock held by such Resigning Director or his Affiliates or Associates that are no longer applicable, and shall promptly deliver to the holder thereof substitute certificates without such restrictive legends or, at the Company’s discretion, book entry shares not subject to such transfer restrictions.

More Definitions of Resigning Director

Resigning Director means each of [REDACTED – Personal Information];

Resigning Director has the meaning assigned to such term in Section 6.15. Section 11.100 “Rights-of-Way” has the meaning assigned to such term in Section 3.15(l). Section 11.101 “SEC” has the meaning assigned to such term in Section 3.6.

Resigning Director means the person listed in Part 1 of Schedule 5.

Resigning Director each of Xxxx Xxxxxxx and Xxxxx Xxxxxxx and any other director of the Company that the Buyer requests (at least five Business Days prior to Completion) to have resign from service as a director;

Resigning Director means the director of Pubco who is resigning concurrently with the Exchange more specifically being Dxxxx Xxxxxxx;

Resigning Director shall have the meaning set forth in Section 7.2(m).

Resigning Director shall have the meaning ascribed thereto in Section 9.2(a).