Alternate Director(s) definition

Alternate Director(s) means a Director or Alternate Director appointed by a Member pursuant to Articles 6.1 and 6.2 of this Agreement.

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Alternate Director(s). Each Director may, by giving written notice to the Company, appoint any person who is not already a Director to act as an alternate Director in his or her place. The following provisions will apply to an alternate Director:

Alternate Director(s) means an alternate Director appointed in accordance with these Bye-laws;

Examples of Alternate Director(s) in a sentence

• No two or more Directors may be of the same nationality nor may any two or more Alternate Directors be of the same nationality.

• Directors and Alternate Directors shall be nationals of member countries.

• Directors and Alternate Directors shall serve without remuneration from the Bank, unless the Board of Governors shall decide otherwise, but the Bank may pay them reasonable expenses incurred in attending meetings.

• Alternate Directors may participate in meetings of the Board but may vote only when the Alternate Director is acting in place of the Director.

• The nomination and voting by Governors for Directors and the appointment of Alternate Directors by Directors shall respect the principle that each Founding Member shall have the privilege to designate the Director or an Alternate Director in its constituency permanently or on a rotating basis.

• The Board may, by Supermajority Board Vote, designate from among the Directors and Alternate Directors one or more committees, each of which shall be comprised of one or more Directors and Alternate Directors.

• If a quorum shall not be present at any meeting of the Board, the Directors (and, where applicable, Alternate Directors) present at such meeting may adjourn the meeting; provided, that such adjourned meeting shall be rescheduled with at least three (3) Business Days’ prior written notice of such rescheduled meeting.

• Alternate Directors shall have no vote if the Director is present.

• The Board and Alternate Directors may use tele-conferencing or video- conferencing in connection with any meeting in conformance with and to the extent authorized by the applicable laws.

• Notwithstanding the foregoing sentence, nothing in this Agreement shall be interpreted so as to limit or impede the rights of the SEC or MEMX LLC to access and examine such confidential information pursuant to the U.S. federal securities laws and the rules and regulations thereunder, or to limit or impede the ability of any Directors, Alternate Directors, Officers, employees or agents of the Company to disclose such confidential information to the SEC or MEMX LLC.

More Definitions of Alternate Director(s)

Alternate Director(s) means Directors appointed pursuant to Clause 5.3;

Alternate Director(s) means an alternative representative appointed by each Director to serve for the Director when the Director is absent or unable to perform his/her Director duties. An Alternate Director will act and vote only in the absence of the Director.

Alternate Director(s) means the Directors nominated by the Charity Members under Article 30.2;

Alternate Director(s) means the alternate directors which each of MAN and SIFY’ Nominee Directors nominate for appointment by the Board pursuant to the Articles and Clause 6.5 of this Agreement;

Alternate Director(s) means respectively the Directors and Alternate Directors for the time being of the Bank;

Alternate Director(s) has the meaning given to it in Clause 5.1.1(ii);