Corporate Consortium Board of Directors Sample Clauses

Corporate Consortium Board of Directors. 2.6.1. The Boards acknowledge and agree that each Board shall appoint three (3) members to the Board of Directors of the Corporate Consortium. The Board of Directors will consist of one (1) trustee, one (1) senior staff member, and one (1) other staff member of each Board, unless otherwise agreed to in writing by all parties. Further, each Board may appoint a designate to replace an appointed member of the Board of Directors during occasional absences, subject to the provisions of the Corporations Act (Ontario) and the Corporate Consortium bylaws. Each of the parties acknowledges and agrees that notwithstanding anything elsewhere set out in the Letters Patent or bylaw of the Corporate Consortium, no formal resolutions of the directors of the Corporate Consortium will be passed unless a quorum of the directors of the Corporate Consortium have voted thereon, or have signed a written resolution in lieu thereof.
Sample 1
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Related to Corporate Consortium Board of Directors

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Senior Management and Board of Directors 1. A Member State shall not require that a juridical person of that Member State appoint to senior management positions, natural persons of any particular nationality.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • Governing Board 1. The Centre shall be guided and overseen by a Governing Board renewed every 3 years and include:

  • Executive Committee (A) The Executive Committee shall be composed of not more than nine members who shall be selected by the Board of Directors from its own members and who shall hold office during the pleasure of the Board.

  • Senior Management and Boards of Directors 1. Neither Party may require that an enterprise of that Party that is a covered investment appoint to senior management positions natural persons of any particular nationality.

  • Board “Board” means the Board of Directors of the Company.

  • Executive Directors (a) The Executive Directors shall be responsible for the conduct of the general operations of the Bank, and for this purpose, shall exercise all the powers delegated to them by the Board of Governors.

  • Audit Committee (A) The Audit Committee shall be composed of five members who shall be selected by the Board of Directors from its own members, none of whom shall be an officer of the Company, and shall hold office at the pleasure of the Board.

  • Independent Non-Executive Directors Xx. Xxxxxx Xxx Xxxx, Mr. Xxx Xxxxxxx and

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