Unaffiliated Directors means those members of the Board of Directors of the Company who are not officers or employees of the Company nor officers, directors or Affiliates of the Manager.
Unaffiliated Directors means the Directors of the Corporation who are not affiliated, directly or indirectly, with an Advisor of the Corporation, whether by ownership of, ownership interest in, employment by, any material business or professional relationship with, or service as an officer or director of, such Advisor or an affiliated business entity of such Advisor. Unaffiliated Directors shall also mean those Directors who perform no other services for the Corporation, except as Director(s). An indirect relationship shall include circumstances in which a member of the immediate family of a Director (which shall include such person’s spouse, parents, children, siblings, mothers and fathers-in-law, sons and daughters-in-law and brothers and sisters-in-law) has one of the foregoing relationships with an Advisor of the Corporation or the Corporation.
Unaffiliated Directors means those Persons who are elected as directors of the Board of Directors (i) who are not the Stockholder Designees and or affiliated with the Stockholder or its Related Persons (including an officer or an employee, consultant or advisor (financial, legal or other) of the Stockholder or any Related Person of the Stockholder, or any person who shall have served in any such capacity within the three-year period immediately preceding the date such determination is made) and (ii) who do not otherwise have a personal or conflicting interest in the particular matter or proposal in question.
Examples of Unaffiliated Directors in a sentence
Unaffiliated Directors may designate another Director, preferably an Unaffiliated Director whenever possible, as a proxy if unable to attend a Board meeting.
The term for all Unaffiliated Directors shall be three year terms, which shall be staggered to the extent possible, unless changed by Amendment to these Bylaws.
Unaffiliated Directors, who are members of standing or special committees, may be allowed like compensation and reimbursement of travel expenses for attending committee meetings.
Unaffiliated Directors and Consumer Directors may be reimbursed for registration, travel, lodging and related expenses for training activities and Unaffiliated Directors shall be reimbursed for travel lodging and related expenses for attending each meeting of the Board.
The Membership-elected Unaffiliated Director(s) shall be seated only upon approval by the PUCT.
More Definitions of Unaffiliated Directors
Unaffiliated Directors has the meaning set forth in Section 2.01(a).
Unaffiliated Directors has the meaning set forth in Section 7.6.
Unaffiliated Directors means the members of the Board other than those members who are Affiliates of Buyer.
Unaffiliated Directors means the members of the Company Board other than (i) Xx. Xxxxxx, (ii) Xx. Xxxxx, and (iii) any other members of the Company Board who are Affiliates of Stockholder or of any Investor or any other person(s) who are a member of a “group” (within the meaning of Section 13(d)(3) of the Exchange Act) with the Stockholder with respect to the Company or any Equity Interests, and any consent of a majority of the Unaffiliated Directors referred to herein shall refer to an action duly taken by such Unaffiliated Directors by written consent or at a meeting of such Unaffiliated Directors duly called and convened in accordance with applicable law and governance procedures.
Unaffiliated Directors means the members of the Board other than any members of the Board who are Affiliates of Chevron or any other Person(s) who are a member of a “group” (within the meaning of Section 13(d)(3) of the Exchange Act) with Chevron with respect to the Company or any Voting Securities, and any consent of a majority of the Unaffiliated Directors referred to herein shall refer to an action duly taken by such Unaffiliated Directors by written consent or at a meeting of such Unaffiliated Directors duly called and convened in accordance with applicable law and governance procedures.
Unaffiliated Directors shall have the meaning set forth in Section 3.2 of this Agreement.
Unaffiliated Directors means a Director who is independent of the Company, the Manager and IMH and its Affiliates.