Special Director definition

Special Director means a person (who need not necessarily be resident in The Bahamas) of good reputation who also possesses at least five years’ experience in a discipline relevant to the administration of trusts which, in this context, shall include one or more of law, finance, commerce, investment management or accountancy.

Special Director means a Member who, at any time on or after 17th March 1987 and in the last 10 years before terminating Pensionable Service, death or retirement has, in relation to the Employer, been both within the definition of a director in Section 612(1) of the 1988 Act and within paragraph (b) of Section 417(5) of the 1988 Act.

Special Director means a director elected to the Board of Directors of the Company (the “Board”) by the holders of the Company Preferred Securities pursuant to Section 10.02(i) of the LLC Agreement upon the occurrence of a Company Enforcement Event.

Examples of Special Director in a sentence

• Sponsor and Branch: Bank of Baroda, Eastern Zone, Camac Street Name of the party: Special Director of Enforcement Directorate Court/Tribunal & Case no./Year: Enforcement DirectorateAmount involved/claimed: ` 10 LacsNature of the case/type of offences and Section: Breach of provisions of FERADetails/brief nature of the case: Bank had given loan of ` 2.55 crores to M/s Corpus Credit & Leasing Ltd., against FCNR FDR of $1 million (US) belonging to Mrs.

• Sponsor and Branch: Bank of Baroda, Eastern Zone, Camac Street Name of the party: Special Director of Enforcement Directorate Court/Tribunal & Case no./Year: Enforcement DirectorateAmount involved/claimed: ₹ 10 LacsNature of the case/type of offences and Section: Breach of provisions of FERADetails/brief nature of the case: Bank had given loan of ₹ 2.55 crores to M/s Corpus Credit & Leasing Ltd., against FCNR FDR of $1 million (US) belonging to Mrs.

• Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, one or more of its Affiliates, or with Special Director Approval, one or more nominees, as the General Partner may determine.

• Special Director of Enforcement (WR) Mumbai passed an order dated 31-05-2018 holding the Bank guilty of the charge alleged and has imposed penalty of Rs. 700 lacs.

• Upon the election at such meeting by the holders of shares of Series A Preferred Stock and each Other Series of Preferred Stock, voting as a class, of the Special Director or Directors they are entitled so to elect, the persons so elected, together with such persons as may be directors or as may have been elected as directors by the holders of all shares (including Series A Preferred Stock) otherwise entitled to vote for directors, shall constitute the duly elected directors of the Corporation.

More Definitions of Special Director

Special Director means, with respect to the Company, a director (A) who has significant industry experience or expertise and (B) who is not, (1) a current employee of Dynegy Inc. or any of its Affiliates, (2) a person who has a material relationship with Dynegy Inc. or (3) a member of the immediate family of any person described in clause (1) or (2) above; provided that the beneficial ownership of a de minimis quantity of common stock of Dynegy Inc. shall not preclude such person from being an Special Director.

Special Director shall have the meaning set forth in Section 5.08 of the Agreement.

Special Director means a Director of Public Prosecutions appointed under section 13 (1) (c);

Special Director means a Director appointed pursuant to clause 5.2.1;

Special Director has the meaning set forth in the definition of Special Member.

Special Director means the Director appointed by the Special Member pursuant to paragraph 17.2 of Article 17;

Special Director has the meaning given in Section 9.1.1.