Independent Director Approval definition

Independent Director Approval has the meaning set forth in Section 1.3(f).
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Independent Director Approval means the affirmative approval of a majority of the Independent Directors then in office who comprise the Audit Committee.
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Independent Director Approval means the approval of a committee of the Company’s Board of Directors comprised solely of Independent Directors who are disinterested and independent under Delaware law as to the matters under consideration, and that is duly formed and existing in accordance with the terms of the Company’s certificate of incorporation and bylaws, as in effect on the relevant date.
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Examples of Independent Director Approval in a sentence

  • Notwithstanding any restrictions contained herein, or in any other agreement between the Company and any Shareholder, any Shareholder may sell into any transaction that has received Independent Director Approval.

  • Notwithstanding anything to the contrary set forth in this Agreement, each Shareholder may publicly support, vote in favor of, approve and tender into any transaction to the extent such transaction has received Independent Director Approval.

  • Smita Modi (DIN: 01141396) as an Independent Director Approval of payment of Remuneration to Cost Auditor.

  • All trees have been reduced in height and have been subject to significant and regular pruning over the last 15 years because of conflicts with the existing building.

  • Re-appointment of Mr. Mukesh Patel as an Independent Director Approval of remuneration of Cost Auditors for FY 2018-19.

  • Market analysts and investors promptly questioned Novartis’ ability to cram the Challenged Transaction down the public investors’ throats, citing among other things the Independent Director Approval Right.

  • This Agreement may be amended, modified or supplemented only by a written instrument duly executed by the Parties hereto; provided that any such amendment, modification or supplement shall also require Independent Director Approval.

  • Indeed, in numerous public filings approved by Alcon’s controlling shareholders, Alcon specifically told its minority shareholders that they could and should rely on the specific minority protections – including the Independent Director Approval Right – in acquiring Alcon shares despite Novartis’ ability to become the majority shareholder.

  • By 1989, minimum wage had reached only $4.00 per hour, which is equivalent to about $7.36 per hour today.

  • Kanwaljit Singh Thind, VSM (Retd.) as an Independent Director- Approval for payment of commission to Mr. Ratan Jindal, Chairman (Non Executive) of the Company as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.- Increase in the aggregate limit for investment into the Company by the Foreign Portfolio Investors(“FPIs”) upto 100% of the paid-up Equity shares capital of the Company on a fully diluted basis.


More Definitions of Independent Director Approval

Independent Director Approval means the prior written approval of a majority of the disinterested directors of Navarre as being in the best interests of all the shareholders of Navarre, both holders of Common Stock and holders of Class B Preferred Stock.
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Independent Director Approval means the approval of a majority of the members of the Newco Board who are Independent Directors, except any Independent Directors who, after receiving notice of the meeting at which such approval is to be sought setting forth the matters to be acted on, abstain or do not vote with respect to the matter for which their approval is sought. "COMPANY DESIGNEE APPROVAL" means the approval of a majority of the members of the Newco Board who are Company Designees other than any such Company Designee who is or was an officer or employee of Newco, except any Company Designees who, after receiving notice of the meeting at which such approval is to be sought setting forth the matters to be acted on, abstain or do not vote with respect to the matter for which their approval is sought. "INDEPENDENT STOCKHOLDER APPROVAL" of a proposal means that such proposal received the affirmative vote of a majority of the votes cast with respect to such proposal by holders of Newco Voting Stock, voting together as a single class, excluding all votes cast with respect to shares of Newco Voting Stock held by FSI Persons and all votes cast with respect to shares of Class B Common Stock.
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Independent Director Approval. Section 1.8(d) “Independent Directors” Section 1.8(b) “Initial Expiration Date” Section 1.1(d) “Initial Outside Date” Section 1.1(e) “Lease Agreements” Section 3.13(a) “Leased Real Property” Section 3.21(b) “Legal Proceeding” Section 3.14 “Maximum Amount” Section 5.9(c) “Merger” Recitals “Merger Consideration” Section 2.1(a) “Minimum Condition” Section 1.1(a) “Multiemployer Plan” Section 3.11(a) “Nasdaq” Section 1.1(e) “Notice Period” Section 5.4(e)(1)
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Independent Director Approval shall have the meaning ascribed to such term in Section 1.3(c).
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Related to Independent Director Approval

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Independent Board Committee means the independent board committee of the Company

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Company Board of Directors means the board of directors of the Company.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Listing Committee the listing committee of the Stock Exchange;

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • Board of Directors or Board means the Board of Directors of Betex India Limited, as constituted from time to time.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Parent Board means the board of directors of Parent.

  • 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.

  • New Board means the board of directors or the board of managers of Reorganized Neiman.