Special Committee definition
Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.
Special Committee means a committee of the Board of Managers of the Company comprised of two members that each meet the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates.
Special Committee has the meaning set forth in the Recitals.
Examples of Special Committee in a sentence
The OBDC Board (on the recommendation of the OBDC Special Committee) has unanimously (i) determined that (A) this Agreement, the Merger and the other Transactions are advisable and in the best interests of OBDC and (B) the interests of OBDC’s existing stockholders will not be diluted (as provided under Rule 17a-8 of the Investment Company Act) as a result of the Transactions, and (ii) approved and declared advisable the OBDC Matters.
This Agreement may not be amended except by an instrument in writing signed on behalf of each of the parties (acting upon the recommendation of the OBDC II Special Committee, in the case of OBDC II, or the OBDC Special Committee, in the case of OBDC).
More Definitions of Special Committee
Special Committee means a committee of the Company Board consisting of members of the Company Board that are not affiliated with Parent or Merger Sub and are not members of the management of the Company.
Special Committee means the special committee of the Board of Directors;
Special Committee means the special committee of independent members of the Board formed in relation to the proposal to effect the transactions contemplated by this Agreement;
Special Committee means a special committee of independent, disinterested directors of the Target that has been established to be responsible for, among other matters, evaluating the Transaction and negotiating the terms of the Transaction with the Consortium.
Special Committee has the meaning set forth in the recitals to this Agreement.
Special Committee means a committee appointed by council at any time to deal with a specific issue(s) and exist for a length of time required to review the issue(s) and make recommendations to council.
Special Committee shall have the meaning set forth in the recitals.