ASX Recommendations definition

ASX Recommendations means ASX Corporate Governance Principles and Recommendations (4th Edition).
Sample 1Sample 2Sample 3
ASX Recommendations means the ASX Corporate Governance Principles and Recommendations 2014 amendments (Third Edition);
Sample 1Sample 2
ASX Recommendations means the 3rd Edition of the ASX Corporate Governance Council's corporate governance principles and recommendations;
Sample 1

Examples of ASX Recommendations in a sentence

  • The ASX Recommendations establish a number of factors that may be considered when assessing the independence of directors.

  • At that time the Board will adopt a policy or charter for such committees in accordance with the ASX Recommendations and industry best practices.

  • The ASX Recommendations define corporate governance as "the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations".

  • These policies are incorporated in this Charter and are prepared in line with the ASX Recommendations which the Board recognises as best practice guidelines.

  • The Board will review its view on these committees in line with the ASX Recommendations and in light of any changes to the size or nature of the Company and if required may establish committees to assist it in carrying out its functions.

  • At that time the Board will adopt a charter for such committees in accordance with the ASX Recommendations and industry best practice.It is the Board’s policy to determine the terms and conditions relating to the appointment and retirement of non- executive directors on a case-by-case basis and in conformity with the requirements of the ASX Listing Rules and the Corporations Act.

  • However, considering the size of the Fund, the functions that would be performed by these committees are best undertaken by the Board.The Board will review its view on committees in line with the ASX Recommendations and in light of any changes to the size or structure of the Fund, and if required may establish committees to assist it in carrying out its functions.

  • The Compliance Committee must provide a report to the Board at least on a quarterly basis and report to the Australian Securities & Investments Commission (ASIC) if it is of the view that the Responsible Entity has not complied with the Fund’s constitution, compliance plan or any relevant regulations.The Fund recognises the ASX Recommendations with respect to establishing remuneration, audit, risk and nomination committees as good corporate governance.

  • The Board has determined that the Executive Chairman is the appropriate person to perform the CEO-equivalent role in signing the declaration relating to the statutory accounts under section 295A of the Corporations Act and as per the ASX Recommendations (refer Section 4.2 below).

  • At that time the Board will adopt a charter for such committees in accordance with the ASX Recommendations and industry best practices.


More Definitions of ASX Recommendations

ASX Recommendations or “ASX Guidance” means the summary of the eight revised corporate governance principles and recommendations contained in the ASX corporate governance policies and procedures.
Sample 1

Related to ASX Recommendations

  • Parent Recommendation has the meaning set forth in Section 5.2(b).

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).

  • Company Recommendation has the meaning set forth in Section 5.3(b).

  • Board Recommendation has the meaning ascribed thereto in Section 2.4(2).

  • Adverse Recommendation Change has the meaning set forth in Section 6.02(d).

  • Change in Recommendation has the meaning set forth in Section 6.02(a).

  • Change of Recommendation has the meaning set forth in Section 6.3(d).

  • Company Adverse Recommendation Change shall have the meaning set forth in Section 5.3(c).

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

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Takeover Proposal means any offer or proposal for, or any indication of interest in, a merger or other business combination involving Target or the acquisition of any significant equity interest in, or a significant portion of the assets of, Target, other than the transactions contemplated by this Agreement.

  • Recommendation means any change to a security’s price target or other type of recommendation in the case of an equity Covered Security, or any initial rating or rating change in the case of a fixed income Covered Security in either case issued by a Research Analyst.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Parent Shareholder Approval means the affirmative vote of the holders of a majority of the votes cast by holders of outstanding shares of Parent Stock on the proposal to approve the issuance of Parent Stock as provided in this Agreement at the Parent Special Meeting.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Takeover Offer means an offer in accordance with Section 3.6 for the entire issued share capital of Allergan (other than any Allergan Shares beneficially owned by AbbVie or any member of the AbbVie Group (if any) and any Allergan Shares held by any member of the Allergan Group) including any amendment or revision thereto pursuant to this Agreement, the full terms of which would be set out in the Takeover Offer Document or (as the case may be) any revised offer documents.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Company Proxy Statement has the meaning set forth in Section 3.5.

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Fairness Opinions means the opinions of the Financial Advisors to the effect that, as of the date of such opinion and based upon and subject to the assumptions, procedures, factors, limitations and qualifications set forth therein, the Consideration to be received by the Company Shareholders under the Arrangement is fair, from a financial point of view, to such Company Shareholders.

  • Parent Stockholder Approval means the approval of the Parent Common Stock Issuance by the affirmative vote of a majority of the votes cast at the Parent Stockholders Meeting in accordance with the rules and regulations of the NYSE and the Organizational Documents of Parent.

  • Proxy Statement has the meaning set forth in Section 6.03(a).