PRINCIPAL COUNSEL definition

PRINCIPAL COUNSEL shall be determined by majority vote of the Outside Directors, and the Principal Counsel for the Indemnitees who are not Outside Directors ("SEPARATE COUNSEL") shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that Principal Counsel or Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Sample 1Sample 2Sample 3
PRINCIPAL COUNSEL means an attorney who presents the case or proceeding to the court or
Sample 1Sample 2
PRINCIPAL COUNSEL means with respect to NCPA, its General Counsel, and with respect to each Participant, its City Attorney or General Counsel.
Sample 1

Examples of PRINCIPAL COUNSEL in a sentence

  • In assessing and mitigating conflicts of interests, the Compliance Officer, the Chief Investment Officer and the Executive Director, as applicable, may consult with Principal Counsel to the System.

  • The Compliance Officer shall also notify the System’s Principal Counsel of any potential legal violation.

  • This protocol uses the XML Protocol, as described in [XMLSCHEMA1] and [XMLSCHEMA2], to describe the message content that is sent to and from the server.Clients can contact this protocol by using SOAP over HTTP, as described in [RFC2616], and SOAP overHTTPS, as described in [RFC2818], as shown in the following layering diagram.

  • Street, Principal Counsel Office of the Attorney GeneralMaryland Health Benefit Exchange Division 750 E.

  • Merriweather, Principal Counsel Office of the Attorney GeneralMaryland Health Benefit Exchange Division 750 E.

  • Dearborn St., 54th Floor Chicago, IL 60603 To MDE: Secretary of the EnvironmentMaryland Department of the Environment 1800 Washington BoulevardBaltimore, Maryland 21230 With a copy (which shall not constitute notice) to:Office of the Attorney GeneralMaryland Department of the Environment 1800 Washington Boulevard, Suite 6048Baltimore, Maryland 21230 Attn: Principal Counsel To any other Grantee: As set forth in such Grantee’s Joinder.

  • The Authority will require that, at a minimum, any proposed replacement have equal or greater qualifications and experience as the Principal Counsel being replaced.

  • The principal counsel for Outside Directors (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnification, and the Principal Counsel for the Indemnitees who are not Outside Directors (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed).

  • Company must not remove such Principal Counsel from providing the Services contemplated by this Contract; provided, however, that the removal of such Principal Counsel due to their incapacity, voluntary termination or termination due to just cause will not constitute a violation of this Article.

  • Company will not make any personnel changes of Principal Counsel until written notice is made to and approved by the Authority’s Executive Vice President of Finance and Procurement.

Related to PRINCIPAL COUNSEL

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.