Common use of Continuing Directors Clause in Contracts

Continuing Directors. Continuing Directors" means those members of the Board at any relevant time (a) who were directors on the effective date of this Agreement or (b) are Approved Directors.

Continuing Directors. “Continuing Directors" means those members ” means, as of any date of determination, any member of the Board at any relevant time of Directors who (a1) was a member of the Board of Directors immediately after the completion of the Merger; or (2) was nominated for election or elected to the Board of Directors with the approval of a majority of the directors then in office who were either directors on immediately after the effective date completion of this Agreement the Merger or (b) are Approved Directorswhose nomination or election was previously so approved.

Continuing Directors. “Continuing Directors" means those members ” means, as of any date of determination, any member of the Board at any relevant time of Directors who (a1) was a member of the Board of Directors immediately after the completion of the Initial Closing; or (2) was nominated for election or elected to the Board of Directors with the approval of a majority of the directors then in office who were either directors on immediately after the effective date completion of this Agreement the Initial Closing or (b) are Approved Directorswhose nomination or election was previously so approved.

Continuing Directors. The term “Continuing Directors" ” means those members (i) any member of the Board at board of directors of Buyer as of the date of this Agreement, or (ii) any relevant time (a) member of the board of directors of Buyer who were directors on becomes such a member subsequent to the effective date of this Agreement whose nomination for election or election to the board of directors of Buyer was recommended or approved by a majority of the individuals described in clause (bi) are Approved Directorsor this clause (ii) then on the board of directors of Buyer.