Subsidiary Governing Body definition

Subsidiary Governing Body means the board of directors, board of managers or other governing body of the Company Group.
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Subsidiary Governing Body shall have the meaning set forth in Section 2.6(b) hereof.
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Subsidiary Governing Body means the board of managers, board of directors, or other governing body of any Subsidiary of New Gulf.
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Examples of Subsidiary Governing Body in a sentence

  • The Board shall have the right (but not the obligation) to authorize observers (each an “Observer”, and collectively, the “Observers”) to attend any meeting of the Board, each Subsidiary Governing Body, and each committee of the Board and each Subsidiary Governing Body (each such meeting, a “Meeting”).

  • NGR Management, or the applicable Subsidiary of NGR Management, shall give the Observers advance notice of all Meetings and all materials given to members of the Board, any Subsidiary Governing Body and any such committee of any of them.

  • In addition to the Initial Awards pursuant to Section 6, Awards under the Plan shall be made to such members of the Board and any Subsidiary Governing Body and such employees and prospective employees, officers and prospective officers of the Company and/or its subsidiaries and/or the Management Company, as the Committee selects in its sole discretion, in consultation with the Chief Executive Officer of the Company, and in accordance with Section 5(b), below.

  • In the event any Subsidiary of the Company has any board of directors, board of managers or similar governing authority (a “Subsidiary Governing Body”), the Company shall take such action as necessary to cause such Subsidiary Governing Body to be comprised of not more than seven (7) persons and each of the Holder Designees to be appointed as a member of such Subsidiary Governing Body.

  • For the avoidance of doubt, the “Person” referred to in the immediately preceding sentence shall only mean the Person serving as an Officer of NGR Management (or holding any equivalent position at a Subsidiary Governing Body) and not any other Person (including any of such Person’s colleagues, associates, employers, employees, partners or Affiliates, or any Investment Fund with which such Person may be associated).

  • The EQT Stockholders (for so long as they have a Nomination Right) and the Brigade Stockholders (for so long as they have a Nomination Right) shall be entitled to proportional representation on any Subsidiary Governing Body.

  • In addition to the Initial Awards pursuant to Section 6,Awards under the Plan shall be made to such members of the Board and any Subsidiary Governing Body and such employees and prospective employees, officers and prospective officers of the Company and/or its subsidiaries and/or the Management Company, as the Committee selects in its sole discretion, in consultation with the Chief Executive Officer of the Company, and in accordance with Section 5(b), below.

  • None of the Stockholders and Significant Holders, and no officer, director, manager, stockholder, partner, member, employee or agent of any Stockholder or Significant Holder, makes any representation or warranty as to the fitness or competence of the designee of any party hereunder to serve on the Board of Directors or any Subsidiary Governing Body by virtue of being a party to this Agreement or by the act of such party in voting for such nominee pursuant to this Agreement.


More Definitions of Subsidiary Governing Body

Subsidiary Governing Body means the board of directors, the board of managers or other governing body (including any committee of any such governing body) of each Subsidiary of the Company. confidential confidential
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Related to Subsidiary Governing Body

  • Indian governing body means the governing body of any tribe, band, or group of Indians subject to the jurisdiction of the United States and recognized by the United States as possessing power of self-government.

  • Local governing body means the group of governors appointed and elected to carry out specified functions in relation to the Academy as delegated by the Academy Trust Company.

  • Governing body means the board of county commissioners or a county council if a county; the legislative authority if a municipal corporation; or the board of township trustees if a township; the board of directors if a sanitary district; or the board of trustees if a regional water and sewer district.

  • Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • School Governors or Governing Body means the Governors of the School who are appointed from time to time under the terms of its governing instrument and who are responsible for governance of the School.

  • Local Governing Bodies means the committees appointed pursuant to Articles 100-101A and 104 (and “Local Governing Body” means any one of these committees);

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • Guarantor’s Board of Directors means, with respect to any Guarantor, either the board of directors of such Guarantor or any duly authorized committee of that board.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • Non-Recourse Subsidiary means any Subsidiary of the Company (1) whose principal purpose is to incur Non-Recourse Indebtedness and/or construct, lease, own or operate the assets financed thereby, or to become a direct or indirect partner, member or other equity participant or owner in a partnership, limited partnership, limited liability partnership, corporation (including a business trust), limited liability company, unlimited liability company, joint stock company, trust, unincorporated association or joint venture created for such purpose (collectively, a “Business Entity”), (2) who is not an obligor or otherwise bound with respect to any Indebtedness other than Non-Recourse Indebtedness, (3) substantially all the assets of which Subsidiary or Business Entity are limited to (x) those assets being financed (or to be financed), or the operation of which is being financed (or to be financed), in whole or in part by Non-Recourse Indebtedness, or (y) Capital Stock in, or Indebtedness or other obligations of, one or more other Non-Recourse Subsidiaries or Business Entities, and (4) any Subsidiary of a Non-Recourse Subsidiary; provided that such Subsidiary shall be considered to be a Non-Recourse Subsidiary only to the extent that and for so long as each of the above requirements are met.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined in accordance with GAAP in good faith by a Responsible Officer, without intercompany eliminations.

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • Non-Guarantor Subsidiary means any Subsidiary of the Borrower that is not a Subsidiary Guarantor.

  • State Controlling Body (SCB) means a state or territory motorcycling association affiliated as a member of MA;

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions and transactions related or incidental thereto.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Non-Guarantor Restricted Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of such Board of Directors, but only to the extent that such Subsidiary:

  • U.S. Subsidiary Guarantor means each U.S. Subsidiary which has executed and delivered to the U.S. Administrative Agent the U.S. Subsidiary Guaranty (or a supplement thereto).