Buyer Nominee definition

Buyer Nominee has the meaning set forth in Section 2.1(a).
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Buyer Nominee means an individual selected by the Buyer to serve as a director of the Company.
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Buyer Nominee has the meaning set out in Section 3.15;
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Examples of Buyer Nominee in a sentence

  • For the longer of (x) a period of one (1) year beginning on the Closing Date and (y) the period that the Buyer and its Affiliates hold, in the aggregate, shares of capital stock equal to at least five percent (5%) of the outstanding Common Stock of the Company, the Buyer shall have the right to request that its representative, who shall be reasonably acceptable to the Company ("Buyer Nominee"), be appointed to the Company's Board of Directors.

  • An "eligible retirement plan" includes an individual retirement account described in Section 408(a) of the Code, an individual retirement annuity described in Section 408(b) of the Code, an annuity plan described in Section 403(a) of the Code, or a qualified trust described in Section 401(a) of the Code, that accepts the eligible distributee's eligible rollover distribution.

  • Within ten (10) days after its receipt of such request, the Company's Board of Directors shall appoint the Buyer Nominee as a member of the Company's Board of Directors (the "Nominee Appointment").

  • The Company's Board of Directors shall refrain from filling one of its two currently existing vacancies until such time as a Buyer Nominee (as defined below), if any, has been appointed a Director by the Board of Directors.

  • The risk of loss or damage with respect to each Aircraft shall transfer to Buyer (or Buyer Nominee) upon Buyer’s (or Buyer Nominee’s) acceptance of such Aircraft.

  • No assignment, sale, disposition or transfer may be made by Buyer or Buyer Nominee of all or any of its rights in respect of the Aircraft or any Sale Document and any attempted or purported assignment, sale, disposition or transfer by Buyer or Buyer Nominee will be null and void except as expressly permitted by Section 11, this Section 17 and any terms set forth in the Purchase Agreement Addendum.

  • The Seller Entities shall have transferred such assets, rights and properties to Buyer or Buyer Nominee, and Buyer or Buyer Nominee shall have such rights under applicable Law and any contract or arrangement, to earn and collect the full revenue stream of the Business in all countries in the Territory in a manner consistent with the Seller Entities’ operation of the Business prior to the Closing.

  • Pending receipt by Buyer, Buyer Nominee(s) or their designee(s) of the Required Licenses, certain of the Seller Entities will continue to manufacture Products for, and sell Products to, Buyer or Buyer Nominee or their respective designee(s) to permit Buyer or Buyer Nominee or such designee(s) to supply the Products to distributors and other third parties.

  • Until the end of the Second Deferred Payment Period (or, if applicable, the Adjusted Second Deferred Payment Period), a Seller Nominee shall not be removed from the Board without the consent of the other Seller Nominee, and a Buyer Nominee shall not be removed from the Board without the consent of at least one other Buyer Nominee.

  • At the Closing and subject to the provisions of Section 2.6, the Seller Entities shall deliver (delivery to Buyer at the ABON Facility or to another Buyer Nominee as designated by Buyer shall be deemed delivery) or cause to be delivered to Buyer all of the Transferred Contracts and Assumed Orders to be transferred to Buyer under Sections 1.1(e) and 1.1(f), with such assignments thereof and consents to assignments as are necessary to assure Buyer of the full benefit of the same.


More Definitions of Buyer Nominee

Buyer Nominee means, unless otherwise agreed by Xxxxxx and Xxxxx:
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Related to Buyer Nominee

  • Investor Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Investment Agreement.

  • Purchaser Designee means an individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s nomination rights pursuant to Section 4.07(a) and/or Purchaser’s rights pursuant to Section 4.07(e), together with any designee of the Purchaser who is then standing for election to the Board pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

  • Proposed Nominee Associated Person of any Proposed Nominee shall mean (A) any Person acting in concert with such Proposed Nominee, (B) any direct or indirect beneficial owner of Shares owned of record or beneficially by such Proposed Nominee or Person acting in concert with the Proposed Nominee and (C) any Person controlling, controlled by or under common control with such Proposed Nominee or a Proposed Nominee Associated Person.

  • Investor Designee shall have the meaning set forth in Section 5(a).

  • Nominated Athlete means an Athlete who has been nominated to the NZOC by Swimming New Zealand.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • New Director means an individual whose election by the Board or 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 either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • 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;

  • 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:

  • Company Director means a member of the Board.

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

  • 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.

  • Qualifying Director means a Person who is, with respect to actions intended to obtain an exemption from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 under the Exchange Act, a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act.

  • 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.

  • Incumbent Director means a director who either (i) is a member of the Board as of the Effective Date or (ii) is 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 excluding a director who was elected or nominated in connection with an actual or threatened proxy contest relating to the election of directors of the Company).

  • Purchaser Board means the board of directors of the Purchaser.

  • 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;

  • Continuing Director means at any date a member of the Board (i) who was a member of the Board on the date of the execution of this Agreement or (ii) who was nominated or elected subsequent to such date by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the Board was recommended or endorsed by at least a majority of the directors who were Continuing Directors at the time of such nomination or election; provided, however, that there shall be excluded from this clause (ii) any individual whose initial assumption of office occurred as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents, by or on behalf of a person other than the Board; or

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors who (i) was a member of such Board of Directors on the date of the Agreement 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 of Directors at the time of such nomination or election.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Preferred Directors means the Series A Directors and the Series B Directors.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Nomination means an offer by a Shipper to a Carrier of a stated quantity of Product for transportation from a specified origin(s) to a specified destination or destinations pursuant to the terms of this tariff.