Shareholders' Council definition

Shareholders' Council means the members constituting the shareholders' council established pursuant to clause 4.
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Shareholders' Council means the joint committee formed by the Shareholders pursuant to clause 6.1.
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Shareholders' Council means the council of shareholders of the [Water Organisation].
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Examples of Shareholders' Council in a sentence

  • Where the Company agrees to provide funding to the CCO, it must within 90 days of receiving annual financial covenant reporting from a CCO Shareholder (in its capacity as a borrower) report to the Shareholders' Council, holders of ordinary shares in the Company and any Local Authority guarantors of the Company's liabilities as to whether that CCO Shareholder has complied with its financial covenants on an individual and consolidated group basis.

  • The Board of Directors consists of eight part-time members, appointed by the Shareholders Council for a three-year term.

  • No remuneration will be paid to the members of the Shareholders' Council for carrying out their functions as members of the Shareholders' Council.

  • No business shall be transacted at a meeting of the Shareholders' Council if a quorum is not present.

  • The Company will reimburse the members of the Shareholders' Council for any reasonable expenses incurred in carrying out their functions as members of the Shareholders' Council, including the reasonable fees and expenses of professional advisers engaged by the Shareholders' Council.

  • The Shareholders shall ensure that a Shareholders' Council is established, maintained and operated in accordance with this agreement.

  • Each member of the Shareholders' Council appointed by a Nominating Local Authority must give consent in writing to the appointment (which consent shall confirm that the person shall comply with the terms of this agreement as they apply to members of the Shareholders' Council).

  • Where a member of the Shareholders' Council resigns or is deemed to resign under this clause, the Nominating Local Authority of whom that member was an employee or councillor, may appoint a replacement member to the Shareholders' Council in accordance with clause 4.4.

  • A Principal Shareholder may be appointed or removed as a nominator to the Shareholders' Council ("Nominating Local Authority") at any time by an Ordinary Resolution, provided that no more than nine Nominating Local Authorities may be so appointed.

  • A quorum for a meeting of the Shareholders' Council shall be a majority of members.

Related to Shareholders' Council

  • Company Shareholders Meeting means the meeting of the Company’s shareholders (including any adjournments or postponements thereof) to be held to consider the authorization and approval of this Agreement, the Plan of Merger and the Transactions, including the Merger.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Company Shareholder Meeting has the meaning set forth in Section 5.13(b).