Examples of Parent Board in a sentence

The Company Director Designees shall be reasonably acceptable to Parent and shall satisfy the independence requirements of the NYSE with respect to service on the Parent Board.
The Parent Board has received the opinion of Xxxxxxxxx LLC that, subject to the assumptions, qualifications and limitations set forth therein, the Merger Consideration is fair, from a financial point of view, to Parent as of the date of this Agreement.
Prior to the Merger Effective Time, and to be effective at the Merger Effective Time, the Parent Board shall (i) set the size of the Parent Board to seven (7) members and elect an additional two (2) members, of which one (1) shall qualify as an independent director under the rules of Nasdaq, each to serve as a member of the Parent Board.
The Special Committee of the Parent Board has received the opinion of Intrepid Partners, LLC that, subject to the assumptions, qualifications and limitations set forth therein, the Merger Consideration is fair, from a financial point of view, to Parent as of the date of this Agreement.
It is agreed and understood that such opinion is for the benefit of the Parent Board and may not be relied upon by the Company.

More Definitions of Parent Board

Parent Board means the Board of Directors of the Parent or any committee thereof duly authorized to act on behalf of such Board.

Parent Board shall have the meaning set forth in the recitals to this Agreement.

Parent Board has the meaning set forth in Section 5.05.

Parent Board means Parent’s Board of Directors.

Parent Board means the Board of Directors of Parent or any committee thereof duly authorized to act on behalf of such Board.

Parent Board has the meaning set forth in Section 4.3(a).