Common use of Qualifications of Directors Clause in Contracts

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 42 contracts

Samples: Business Combination Agreement (Jupiter Acquisition Corp), Incorporation Agreement (QualTek Wireline LLC), Amalgamation Agreement (Asep Medical Holdings Inc.)

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Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 10 contracts

Samples: Business Combination Agreement, Arrangement Agreement (Bausch Health Companies Inc.), Arrangement Agreement (Bausch & Lomb Corp)

Qualifications of Directors. 13.4 A director is not required to hold a share in the capital share structure of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 4 contracts

Samples: Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Infrastructure Partners L.P.)

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, to act or continue to act as a director.

Appears in 3 contracts

Samples: Registration Rights Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 2 contracts

Samples: Business Combination Agreement, Amalgamation Agreement

Qualifications of Directors. (a) A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Agreement

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Amalgamation Agreement

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Business Combination Agreement (Acreage Holdings, Inc.)

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her their office but must be qualified as required by the Business Corporations Act to become, act act, or continue to act as a director.

Appears in 1 contract

Samples: Incorporation Agreement With Articles

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director, and in any event shall be a registrant of the College of Optometrists.

Appears in 1 contract

Samples: Incorporation Agreement

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Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her their office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Business Combination Agreement (Screaming Eagle Acquisition Corp.)

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Business Combination Agreement (Schultze Special Purpose Acquisition Corp.)

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as a qualification for his or her office holding office, but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Business Combination Agreement (Pono Capital Three, Inc.)

Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Incorporation Agreement (Boart Longyear Australia Pty LTD)

Qualifications of Directors. A Notwithstanding any other provision of these Articles, a director is not required to hold a share in the capital of the Company as qualification for his or her the director’s office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.

Appears in 1 contract

Samples: Subscription Agreement (Forbion European Acquisition Corp.)

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