Abstained Directors definition

Abstained Directors. Xx. Xxxx Xxxxxxx, Xx. Xxx Xxxxxxxx and Xx. Xxxx Xxxxxxxx, who had abstained from voting as Directors on the relevant board resolution(s) relating to the subject transactions;
Sample 1Sample 2
Abstained Directors. Xx. Xx Hung Sun, Xxxxxxx, Xx. Xxxxx Xx Xxx, Xxxxxx, Xx. Xxxx Hong Xxxx, Xxxxx and Xx. Xxxxx Xxx Xxxx, 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
Sample 1
Abstained Directors. Xx. Xx Hung Sun, Xxxxxxx, Dato’ Xx. Xxxxx Xx Xxxx, Xx. Xxxxx On Kei, Xxxxxx and Xx. Xxxx Hong Xxxx, Xxxxx, 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
Sample 1

Examples of Abstained Directors in a sentence

  • The Abstained Directors are considered to have interests in the Financial Services Agreement and the transactions contemplated thereunder as Xx. Xx Xxxxxx is the deputy general manager of Sinomach and all Abstained Directors are directors of YTO.

  • Accordingly, the Directors (other than the Abstained Directors) recommend the Independent Shareholders to vote in favor of all resolutions in relation to the foregoing at the forthcoming EGM.

  • 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.

  • 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 Supplies and Services Agreement and the proposed annual caps thereto.

  • Save for the Abstained Directors, no other Director had a material interest in the Financial Services Agreement and the transactions contemplated thereunder.

  • At the option of a Certificate Holder, and subject to the provisions of Section 2.06, Trust Certificates may be exchanged for other Trust Certificates of authorized denominations of a like aggregate principal amount, or may be transferred in the amount of any Authorized Denomination, upon surrender of the Trust Certificates to be exchanged at any such office or agency.

  • By virtue of Ms. Pansy Ho and Ms. Maisy Ho (both being Directors) interests in the Agreements, the Abstained Directors are considered to have material interests in the Agreements and the transactions contemplated thereunder.

  • The Board (excluding the Abstained Directors but including the independent non-executive Directors) consider that the transactions contemplated under the Renewed 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.

  • Nevertheless, the Abstained Directors (namely Mr. Cui Hongjie and Mr. Zhu Xiaoxing) have abstained from voting on the Board resolutions approving the 2023–2025 Master CCT Agreements and the transactions as contemplated thereunder by virtue of their directorship and/or senior positions in Sino-Ocean Group and/or its associates (other than the Group).


More Definitions of Abstained Directors

Abstained Directors. Xx. Xxxxx Xxxx, Xx. Xxxxx Xxxxxx, Xx. Xxxx Xxx, Xx. Xxx Xxxxxxx, Xx. Xxx Xxxxxx and Xx. Xxx Xxxxxxx, 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;
Sample 1
Abstained Directors. Xx. Xxxxx Xxxx, Xx. Xxxxx Xxxxxx, Xx. Xxxx Xxx, Xx. Xxx Xxxxxxx, Xx. Xxx Xxxxxx and Xx. Xxx Xxxxxxx, who had abstained from voting as Directors on the relevant board resolution(s) relating to the Assets Purchase Agreement and Equity Purchase Agreements; “Assets” the 3,996 sets of open top railway wagons owned by Shenhua Group Co;
Sample 1
Abstained Directors. Xx. Xx Hung Sun, Xxxxxxx, Dato’ Xx. Xxxxx Xx Xxxx, Xx. Xxxxx On Kei, Xxxxxx and Xx. Xxxx Hong Xxxx, Xxxxx, 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
Sample 1
Abstained Directors. Xx. Xx Xxxx Xxxx, Xxxxx, Xxxxxxxx Xxxxx On Xxx, Xxxxxx, Xx. Xxxx Un Xxxx, Xx. Xxxx Hong Xxxx, Xxxxx and Xx. Xxxxx On Xxx, Xxxxxxx, 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
Sample 1
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)
Sample 1

Related to Abstained Directors

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Non-interested director means a director who is not an “interested director” of a fund and who is not employed by, or has a material business or professional relationship with, the fund or the fund’s investment adviser or underwriter. See Section 2(a)(19) of the Investment Company Act of 1940 for more information.

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Investor Directors or “Investor Director” has the meaning set forth in Section 6.1(a) hereof.

  • Company Board of Directors means the board of directors of the Company.

  • Unaffiliated Director means, for purposes of this Code, a director or honorary director of the Fund who is not a director, officer or employee of the Adviser or an affiliate thereof.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Qualified Director means a person who, at the time action is to be taken under:

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors of the Company who (i) was a member of such Board of Directors on the date of this Indenture or (ii) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board at the time of such nomination or election.

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Certificate of Incorporation, the Stockholders Agreement or otherwise.

  • the Directors means save as otherwise defined at Article 6.9 the directors of the Company (and “Director” means any one of those directors);

  • Board or Board of Directors means the Board of Directors of the Company.

  • Incumbent Directors means directors who either (A) are directors of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); or

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.