Sotogrande definition
Examples of Sotogrande in a sentence
The Shareholders agree to procure that each of the Company and Sotogrande obtains and maintains at all times adequate mangers/directors' and officers' liability insurance.
If the chairman is not present at any meeting of the board of Sotogrande, the directors present may appoint any one of their number to act as chairman for the purposes of the meeting.
The Company shall procure that any director may participate in and vote at board meetings of Sotogrande by means of a conference telephone, a video-conference facility or any other communication equipment which allows all persons participating in the meeting to hear each other.
In International School at Sotogrande, S.L. we care about privacy and transparency.
The Shareholders agree that Sotogrande shall not be bound to comply with all official corporate governance recommendations applicable to public companies in Spain although they will comply with their disclosure obligations in respect of such lack of compliance.
The Company shall procure that a resolution in writing signed by all the directors of Sotogrande entitled to vote on that resolution shall be as valid and effective for all purposes as a resolution passed by the directors at a meeting duly convened, held and constituted.
The Company shall procure that the board of each Subsidiary other than Sotogrande decide on matters by four (4) directors voting in favour of the proposition.
If the chairman of Sotogrande fails to reconvene the board meeting within one (1) month, the board meeting can be reconvened by one third of the directors acting together.
The Company shall procure that the chairman of Sotogrande is under an obligation to call a meeting of the board of Sotogrande at the request of any director of Sotogrande and the independent director has the right to call a meeting of the board of Sotogrande.
The Company shall procure that the board of Sotogrande shall decide on matters by six (6) directors voting in favour of the proposition.