Examples of Nomination Right in a sentence
If there are more than two Significant Shareholders, the two largest shareholders of NewCo shall have the right to exercise the Significant Shareholder Nomination Right and the other Significant Shareholders shall not exercise its Significant Shareholder Nomination Right.
Significant Shareholders who do not exercise their Significant Shareholder Nomination Right may designate one individual to observe any meetings of the Board.
Senior Creditors who are anticipated to have a Significant Shareholder Nomination Right on the Restructuring Effective Date may also each nominate one individual to the initial Board.
Shareholder and Voting Agreements Board Nomination Right Agreement dated July 15, 2013, between Xxxx X.
If at any time during the term hereof the Investor determines not to exercise, or for any other reason does not exercise, the Nomination Right in accordance with the terms and conditions hereof, the Investor shall not in any way be restricted from subsequently exercising the Nomination Right.