Board Evaluation Period definition

Board Evaluation Period shall have the meaning set forth in Section 23(c) hereof.
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Board Evaluation Period shall have the meaning set forth in Section 23(c) hereof. (l) “Book Entry” shall mean an uncertificated book entry for the Common Stock. (m) “Business Day” shall mean any day, other than a Saturday, a Sunday, or a day on which banking or trust institutions in New York City, New York are authorized or obligated by law or executive order to close; provided, that banks shall not be deemed to be authorized or obligated to be closed due to a “shelter in place,” “non-essential employee” or similar closure of physical branch locations at the direction of any governmental authority if such banks’ electronic funds transfer systems (including for wire transfers) are open for use by customers on such day. (n) “Close of Business” on any given date shall mean 5:00 P.M., New York City time, on such date; provided, however, that if such date is not a Business Day, it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day. (o) “Closing Price” shall mean, in respect of any security for any day, the last sale price, regular way, reported at or prior to 4:00 P.M. New York City time or, in case no such sale takes place on such day, the average of the bid and asked prices, regular way, reported at or prior to 4:00 P.M. New York City time, in either case, as reported in the principal consolidated transaction reporting system with respect to securities listed or admitted to trading on NASDAQ or the NYSE or, if the security is not listed or admitted to trading on NASDAQ or the NYSE, as
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Examples of Board Evaluation Period in a sentence

  • If the Board of Directors or the Independent Committee extends the Board Evaluation Period, the Company will disclose to its shareholders the specific period so decided and the reason(s) for the necessity of such additional period in a timely and appropriate manner in accordance with the applicable Laws and Regulations and relevant stock exchange rules.

  • Additional scope information is provided (See page 13 for the detailed scope of services and link to access drawings/specifications).

  • During drafting, China had taken into account relevant international standards as well as China’s national conditions.

  • Unless otherwise specified in the Plan, a Large-scale Share Purchase may not be commenced or executed until the Board Evaluation Period has expired.

  • From the perspective to secure a period of time necessary for such shareholders’ judgment, Large-scale Purchase must not be started until after the lapse of both the Board Evaluation Period and the Shareholders Deliberation Period, and in the event of any Large-scale Purchase before such lapse, the Board may take countermeasures just for that reason.In addition, in the event of publication of the date for the General Meeting for Confirmation as given in Section 4.

  • During the Board Evaluation Period, based on the Large-scale Share Purchase Information received from the Large-scale Share Purchaser the Board of Directors will conduct an evaluation, discussions, Opinion-making, Alternative-formulating, negotiations with the Large-scale Share Purchaser and other related activities with a view to protecting and enhancing the Company’s corporate value and the collective interests of its shareholders.

  • Further work needs to be done to assess qualitatively the effects of the concentrations of both the silylation and the gold parts of the experiment.

  • The Large-scale Share Purchase may not be commenced or executed until the Board Evaluation Period has expired.

  • During the Board Evaluation Period, the Board of Directors shall examine and evaluate the Information provided with advices of external experts, etc., respect the recommendation of the Independent Committee (indicated in (3) below) to the greatest extent possible regarding such Large-scale Share Purchase or management policies, etc.

  • In each case, within ninety (90) days of the commencement of the Qualifying Offer (the “Board Evaluation Period”), the holders of record of twenty percent (20%) or more of the outstanding Common Stock may submit a written demand directing the Board to propose a resolution exempting the Qualifying Offer from the Rights Agreement to be voted upon at a special meeting to be convened within ninety (90) days following the last day of the Board Evaluation Period (the “Special Meeting Period”).

Related to Board Evaluation Period

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Evaluation Date shall have the meaning ascribed to such term in Section 3.1(s).

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).