Abstained Directors definition

Abstained Directors. ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇. ▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇▇, who had abstained from voting as Directors on the relevant board resolution(s) relating to the subject transactions;

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Abstained Directors. ▇▇. ▇▇ Hung Sun, ▇▇▇▇▇▇▇, Dato’ ▇▇. ▇▇▇▇▇ ▇▇ ▇▇▇▇, ▇▇. ▇▇▇▇▇ On Kei, ▇▇▇▇▇▇ and ▇▇. ▇▇▇▇ Hong ▇▇▇▇, ▇▇▇▇▇, who are regarded as having material interests in the transactions contemplated under the Products and Services Master Agreement, the Premises Leasing Master Agreement, the Chips Agreement and the Aircraft Sublease Agreements in view of their interests in the STDM Group, were absent from the relevant board meeting of the Company while the relevant resolutions were being discussed and have abstained from voting on the board resolutions on such transactions “Aircraft Sublease Agreements” the six aircraft sublease agreements entered into between Sky Reach and Jet Asia during December 2007, May, August and December 2008, pursuant to which Sky Reach agreed to sublease six aircraft to Jet Asia “associate(s)” has the meaning ascribed to it in the Listing Rules

Examples of Abstained Directors in a sentence

Save for the Abstained Directors, no other Director had a material interest in the Financial Services Agreement and the transactions contemplated thereunder.
Accordingly, the Abstained Directors abstained from voting on the Board resolutions in respect of the Financial Services Agreement and the relevant annual caps.
Of the Directors attending the board meeting, the Abstained Directors were considered to have material interest by virtue of being employed by China Energy, and thus abstained from voting on the board resolution(s) in respect of the New Mutual Coal Supply Agreement and the proposed annual caps thereto.
The Abstained Directors are considered to have interests in the Financial Services Agreement and the transactions contemplated thereunder as ▇▇.
Of the Directors attending the board meeting, the Abstained Directors were considered to have material interest by virtue of being employed by China Energy, and thus abstained from voting on the board resolution(s) in respect of the New Mutual Supplies and Services Agreement and the proposed annual caps thereto.
The Directors (excluding the Abstained Directors but including the independent non-executive Directors) consider that the transactions under the Products and Services Master Agreement are conducted in the ordinary and usual course of business of the Group, on normal commercial terms and on terms that are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
The Directors confirmed that, save for the Abstained Directors, none of them have a material interest in the Renewed Products and Services Master Agreement, the Renewed STDM Premises Leasing Master Agreement and the Chips Agreement and the transactions contemplated thereunder.
Of the Directors attending the board meeting, the Abstained Directors were considered to have material interests by virtue of being employed by Shenhua Group Co, and had thus abstained from voting on the board resolution(s) in respect of the Mutual Supplies and Services Agreement and the proposed annual caps thereto.
The Directors (including the independent non-executive Directors but excluding the Abstained Directors) consider that the entering into of the Agreement For Sale and Purchase is in the ordinary and usual course of business of the Company, and the terms of the Agreement are on normal commercial terms, fair and reasonable and are in the interests of the Company and the Shareholders as a whole.
The Directors (excluding the Abstained Directors) are of the view that the Master Agreement and the transactions contemplated thereunder (including the annual caps) are entered into in the ordinary and usual course of business of the Company, on normal commercial terms and on terms that are fair and reasonable and in the interests of the Company and its shareholders as a whole.

More Definitions of Abstained Directors

Abstained Directors has the meaning ascribed to this term under the section headed “REASONS FOR AND BENEFITS OF ENTERING INTO OF THE AGREEMENTS” of this announcement “Agency Term” the Initial Agency Term (subject to the Agent Renewal Option)

Abstained Directors. ▇▇. ▇▇ Hung Sun, ▇▇▇▇▇▇▇, Dato’ ▇▇. ▇▇▇▇▇ ▇▇ ▇▇▇▇, ▇▇. ▇▇▇▇▇ On Kei, ▇▇▇▇▇▇ and ▇▇. ▇▇▇▇ Hong ▇▇▇▇, ▇▇▇▇▇, who are regarded as having material interests in the transactions contemplated under the Renewed Products and Services Master Agreement in view of their interests in the STDM Group, were absent from the relevant board meeting of the Company while the relevant resolution was being discussed and have abstained from voting on the board resolution on such transactions “Annual Caps” : the annual maximum aggregate value for the Continuing Connected Transactions for each of the three financial years ending 31 December 2011, 31 December 2012 and 31 December 2013, details of which are set out in the section headed “Historical transaction figures and Annual Caps” in this announcement

Abstained Directors. ▇▇. ▇▇▇▇▇ ▇▇▇▇, ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇. ▇▇▇▇ ▇▇▇, ▇▇. ▇▇▇ ▇▇▇▇▇▇▇, ▇▇. ▇▇▇ ▇▇▇▇▇▇ and ▇▇. ▇▇▇ ▇▇▇▇▇▇▇, who had abstained from voting as Directors on the relevant board resolution(s) relating to the Equity Purchase Agreements, Assets Purchase Agreement and Financial Services Agreement; “Adaohai Mine” Shenhua Group Baotou Mining Co Ltd Adaohai Coal Mine, whose mining rights for the period from 31 May 2009 to 31 May 2011 are held by Baotou Mining as evidenced by the Mining Permit (C1500002009051120020302) dated 31 May 2009 issued by Department of Land and Resources of Inner Mongolia Autonomous Region and Bureau of Land and Resources of Baotou City of the PRC; “Articles of Association” the articles of association of the Company, as amended, modified or otherwise supplemented from time to time;

Abstained Directors. ▇▇. ▇▇ Hung Sun, ▇▇▇▇▇▇▇, ▇▇. ▇▇▇▇▇ ▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇. ▇▇▇▇ Hong ▇▇▇▇, ▇▇▇▇▇ and ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, who are regarded as having material interests in the transactions contemplated under the Renewed Products and Services Master Agreement, the Premises Leasing Master Agreement and the Chips Agreement in view of their interests in the STDM Group, were absent from the relevant Board meeting of the Company while the relevant resolution was being discussed and have abstained from voting on the board resolution on such transactions “Aircraft Sublease Agreements” : the six aircraft sublease agreements entered into between Sky Reach Investments Limited (“Sky Reach”), an indirect subsidiary of the Company, and Companhia de Aviação Jet Asia Limitada (“Jet Asia”), a subsidiary of STDM, during 2007 and 2008, pursuant to which Sky Reach agreed to sublease six aircraft to Jet Asia

Abstained Directors. ▇▇. ▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ On ▇▇▇, ▇▇▇▇▇▇, ▇▇. ▇▇▇▇ Un ▇▇▇▇, ▇▇. ▇▇▇▇ Hong ▇▇▇▇, ▇▇▇▇▇ and ▇▇. ▇▇▇▇▇ On ▇▇▇, ▇▇▇▇▇▇▇, who are regarded as having material interests in the transactions contemplated under the Renewed Products and Services Master Agreement, the Renewed STDM Premises Leasing Master Agreement and the Chips Agreement in view of their interests in the STDM Group, were absent from the relevant Board meeting of the Company while the relevant resolution was being discussed and have abstained from voting on the Board resolution on such transactions “Annual Caps” : the annual maximum aggregate values for the transactions contemplated under the Renewed Products and Services Master Agreement, the Renewed STDM Premises Leasing Master Agreement or the Chips Agreement (as the case may be) for each of the years ending 31 December 2023, 2024 and 2025