Common use of Director Qualifications Clause in Contracts

Director Qualifications. Only individuals qualified to act as directors of the Company under applicable law, except as to Canadian residency, shall be nominated to the Board by any Nominating Party or the Board. Unless otherwise agreed by JPMP, EEIF and UFI, Telesystem, CDPQ and the Board shall put forward among their nominees such number of resident Canadians as may be required to satisfy the resident Canadian director requirements under the CBCA.

Appears in 3 contracts

Samples: Investor Rights Agreement (AIG Emerging Europe Infrastructure Management Ltd.), Rights Agreement (Telesystem International Wireless Inc), Investor Rights Agreement (Jp Morgan Partners Bhca Lp)

AutoNDA by SimpleDocs

Director Qualifications. Only individuals qualified to act as directors of the Company under applicable law, except as to Canadian residency, shall be nominated to the Board by any Nominating Party or the Board. Unless otherwise agreed by JPMP, EEIF and UFI, Telesystem, CDPQ Telesystem and the Board shall put forward among their nominees such number of resident Canadians as may be required to satisfy the resident Canadian director requirements under the CBCA.

Appears in 2 contracts

Samples: Investor Rights Agreement (Telesystem International Wireless Inc), Rights Agreement (Jp Morgan Partners Bhca Lp)

AutoNDA by SimpleDocs

Director Qualifications. Only individuals qualified to act as directors of the Company under applicable law, except as to Canadian residency, shall be nominated to the Board by any Nominating Party or the Board. Unless otherwise agreed by JPMP, EEIF the JPMorgan Investors and UFI, Telesystemeach of CDPQ, CDPQ Telesystem and the Board shall put forward among their nominees such number of resident Canadians as may be required to satisfy the resident Canadian director requirements under the CBCA.

Appears in 1 contract

Samples: Rights Agreement (Jp Morgan Partners Bhca Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.