WTI Designee definition

WTI Designee means the individual(s) selected and authorized by WTI, its successor or assign to represent WTI and serve on the Board in accordance with Section 5.2 hereof.

Examples of WTI Designee in a sentence

  • At any meeting of the Board, the presence of four or more Managers (at least one of whom shall be a WTI Designee) shall constitute a quorum.

  • For so long as WTI owns an LLC Interest that exceeds 10% of the outstanding LLC Interests, one of the Managers shall be a WTI Designee, except that, if, at any time, WTI owns an LLC Interest that exceeds 35% of the outstanding LLC Interests, two of the Managers shall be WTI Designees.

  • For so long as WTI, WTC or Wilmington is a Preferred Member, two of the Managers shall be selected or replaced by WTI, WTC or Wilmington ("WTI Designee").

Related to WTI Designee

  • Share Designation has the meaning assigned to such term in ‎Section 3.2(b).

  • SpinCo Designees means any and all entities (including corporations, general or limited partnerships, trusts, joint ventures, unincorporated organizations, limited liability entities or other entities) designated by Parent that will be members of the SpinCo Group as of immediately prior to the Effective Time.

  • Purchaser Designee means each individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s rights pursuant to Section 4.07(a) and/or Section 4.07(e), together with any designee(s) of the Purchaser who is then standing for election to the Board of Directors pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Investor Designee shall have the meaning set forth in Section 5(a).

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Registered design in this Act shall mean a design for which a design registration has been granted.

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in this Agreement.

  • Project Staff means the personnel of Contractor and Subcontractors who provide the Work.

  • Eligible Designee means a special purpose corporation, partnership, trust, limited partnership or limited liability company that is administered by the respective Designating Lender or an Affiliate of such Designating Lender and (i) is organized under the laws of the United States of America or any state thereof, (ii) is engaged primarily in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and (iii) issues (or the parent of which issues) commercial paper rated at least A-1 or the equivalent thereof by S&P or P-1 or the equivalent thereof by Xxxxx’x.

  • Series Designation has the meaning assigned to such term in Section 3.03(a).

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

  • SDS means safety data sheets;

  • Project Sponsor means an eligible governmental agency receiving program funds pursuant to an approved application.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Membership Card means a card issued by the Club to indicate membership of a Membership Scheme.