Examples of Supervisory in a sentence
In the event of an order by the Chairman of the Supervisory Board, the members of the Supervisory Board have no right of objection, except with regard to the balance sheet meeting.(4) Resolutions of the Supervisory Board are generally passed in meetings.
The Supervisory Board is authorised to amend the wording of the Articles of Association in accordance with the respective utilisation of the Authorised Capital 2024 or after the expiry of the authorisation.
In addition, the Supervisory Board may request a report for good cause, including if this relates to a business transaction at an affiliated company of which the general partner has become aware and which may have a significant impact on the company's situation.(4) If the company holds an interest in its general partner, all rights of the company arising from and in connection with this interest (such as voting rights, information rights, etc.) are exercised by the Supervisory Board.
The duty of confidentiality shall continue to apply after the termination of the Supervisory Board mandate.
The share capital of the company at the time this authorisation becomes effective or - if this value is lower - at the time this authorisation is exercised is decisive.(2) The general partner is authorised, with the approval of the Supervisory Board, to determine the further details of the capital increase and its implementation.