Additional Designee definition

Additional Designee shall have the meaning set forth in Section 2.3 below.
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Additional Designee shall be a person elected or appointed to fill a vacancy on the Board that results from an event described in Section 3(g) below, which person at the time of his or her initial nomination and election or appointment meets the following requirements: such person is an Independent Person who is acceptable to each of (i) the Telcom Designees on the Board, (ii) the MSI Designees on the Board and (iii) at least one other director. As provided under Section 3(b) below, there may be more than one Additional Designee on the Board at any time.
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Additional Designee shall have the meaning ascribed to it in Section 5.12(b).
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Examples of Additional Designee in a sentence

  • The Additional Designee must (a) be qualified to serve as a member of the Board under all applicable corporate governance policies or guidelines of Company and the Board and applicable legal, regulatory and stock market requirements; and (b) meet the independence requirements with respect to Company of the listing rules of The New York Stock Exchange.

  • In addition, upon the request of the Sarissa Group following the appointment of the Additional Designee to the Board, the Company and the Sarissa Group hereby agree to promptly execute and deliver to the other a confidentiality agreement on terms substantially the same as the Confidentiality Agreement.

  • The Investors will not, directly or indirectly, compensate or agree to compensate the Existing Designees or any Additional Designee for his service as a director of Company with any cash, securities (including any rights or options convertible into or exercisable for or exchangeable into securities or any profit-sharing agreement or arrangement) or other form of compensation directly or indirectly related to Company or its securities.

  • Xxxxxx (collectively, the “Existing Designees”) and any Additional Designee (together with the Existing Designees, the “VIEX Designees”) (or any replacement(s) thereof ) for election as directors with terms expiring at Company’s next annual meeting of stockholders.

  • This Additional Designee shall serve on the MPUSA Board until the Note is repaid in cash or repaid by conversion to Common Stock.

  • This Additional Designee shall serve on the RDI Board until the Note is repaid in cash or repaid by conversion to Common Stock.

  • Xxxxxxxx from the Board; and (b) the appointment of the Additional Designee to the Board.

  • If the Additional Designee is recommended through the nomination process, Parent shall use its best efforts to cause the Additional Nominee to be elected.

  • In the event that the number of directors comprising the Company's Board of Directors (in addition to the Purchaser Designee) shall be six or more, the Board of Directors shall be expanded by an additional position, and Purchaser shall be entitled to designate an additional director on such management slate of nominees (the "Additional Designee").


More Definitions of Additional Designee

Additional Designee means a person to be named by the Company at least seven (7) days prior to the mailing of the Proxy Statement to the stockholders of Phoenix, provided that such person shall be designated following the completion of a mutually agreeable director search and selection process, and shall be subject to the reasonable consent of Phoenix, not to be unreasonably withheld, conditioned or delayed.
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Related to Additional Designee

  • Additional Designated Information As defined in Section 11.02.

  • Additional Disclosure As defined in Section 3.18(a)(v).

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

  • Additional Disclosure Notification The form of notification to be included with any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure or Form 8-K Disclosure Information which is attached to this Agreement as Exhibit W.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • Additional Holder shall have the meaning given in Section 5.10.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • 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.

  • Major Non-Controlling Authorized Representative means, with respect to any Shared Collateral, the Authorized Representative of the Series of Additional First-Lien Obligations that constitutes the largest outstanding principal amount of any then outstanding Series of First-Lien Obligations with respect to such Shared Collateral.

  • Removal Notice shall have the meaning specified in Section 2.07(b).

  • Notice of Superior Proposal has the meaning set forth in Section 5.09(e).

  • Board Representative has the meaning set forth in Section 4.18.

  • Executive session means any meeting or part of a meeting of a governing body which is closed to certain persons for deliberation on certain matters.

  • Initial Negotiation End Date has the meaning set forth in Section 12.2(a).

  • Event of Force Majeure means one of the following events:

  • National Medical Support Notice or “NMSN” shall mean a notice that contains the following information:

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.