Examples of UGC Board in a sentence
Nothing contained in this Agreement shall prevent the UGC Board from complying with Rule 14d-9 or Rule 14e-2 under the Exchange Act with respect to any Acquisition Proposal.
This is a serious issue as the UGC Board now fall short of the minimum quorum of 50% of the members for a formal meeting, 6 members out of 11 are yet to be nominated.
The execution, delivery and performance by UGC of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by the UGC Board (with the approval of the Special Committee) and by all other necessary corporate action on the part of UGC, subject, in the case of the consummation by it of the UGC Merger, to obtaining the UGC Stockholder Approval.
Each applicable Stockholder shall tender, and use its reasonable efforts to cause the applicable Founders to tender, their resignations from the Board of Directors of UGC and the boards of directors or other governing bodies of the Subsidiaries of UGC as required to satisfy the conditions set forth in Section 5.10 and, with respect to the boards of directors or other governing bodies of the Subsidiaries of UGC, thereafter as may be requested from time to time by the Reconstituted UGC Board.
In addition, separate training will be provided for the UGCAIFS staff on AIF implementation and management and workshops for the UGC Board for AIF (UGCBAIF) staff on their roles and responsibilities in management and oversight of the AIF.
Area Review Panels (ARPs) and External Reviewers (ERs) were also selected from eminent professors of the Universities who were neutral and didn’t have any personal or institutional interest on CPs. All committees were formed with the approval of UGC Board for Academic Innovation Fund (UGCBAIF) which is shown in Table-1.
UGC represents and warrants to Stockholder as of the date hereof as follows: Each of this Agreement and the Merger Agreement has been approved by the UGC Board and by the Special Committee; such approval represents all necessary corporate action on the part of UGC, except for the approval of UGC’s stockholders contemplated by the Merger Agreement.
Also the proposal submitted does not match the financial guidelines of SWAYAM Prabha.8. Proposal for Development of Open Education Resources (OER) For Higher Education Submitted by UGC: Board requested UGC to organize a presentation on the proposal to Joint Secretary (TEL & Admin.), MHRD.The meeting ended with thanks to the chair.
Earlier, the UGC Board fell short of two members after the completion of the terms of two Vice Chancellors (TU and PU) in August, government nominates two members from among the Vice Chancellors of the Universities in Nepal.
Neither the UGC Board nor any committee thereof shall have authorized or approved the taking of any action by UGC or its Subsidiaries by a vote that did not include a majority of the Class C Directors on the UGC Board or the applicable committee (if a majority of the Class C Directors on the UGC Board approved the delegation of such matter to such committee).