Audit Committee Financial Expert. On or before May 30, 2003, the Borrower shall have elected or appointed an individual who qualifies as an “audit committee financial expert” (within the meaning of the rules implementing Section 407 of the Sxxxxxxx-Xxxxx Act of 2002) to serve on the Borrower’s Board of Directors.
Appears in 2 contracts
Samples: Loan and Security Agreement (Overhill Farms Inc), Loan and Security Agreement (Levine Leichtman Capital Partners Ii Lp)
Audit Committee Financial Expert. On or before May 30, 2003, the Borrower Company shall have elected or appointed an individual who qualifies as an “audit committee financial expert” (within the meaning of the rules implementing Section 407 of the Sxxxxxxx-Xxxxx Act of 2002) to serve on the BorrowerCompany’s Board of Directors.
Appears in 1 contract
Audit Committee Financial Expert. On or before May 30, 2003, the Borrower Company shall have elected or appointed an individual who qualifies as an “audit committee financial expert” (within the meaning of the rules implementing Section 407 of the SxxxxxxxXxxxxxxx-Xxxxx Act of 2002) to serve on the BorrowerCompany’s Board of Directors.
Appears in 1 contract
Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)
