Class B Directors definition

Class B Directors means the persons serving on the Board who are elected by the Class B Stockholders.
Class B Directors means all such persons. The authority of Class B Directors is limited as set forth in this Agreement.
Class B Directors has the meaning set forth in Section 4.24.2(a).

Examples of Class B Directors in a sentence

  • However, the relative ratio of the number of Class A Directors to Class B Directors shall always result in a majority of Class A Directors.

  • If the said member of the Company Board is also a member of the AK Board, the Class A Holders or, respectively, the Class B Holders, will cause the other Class A Directors or Class B Directors to vote in favour of the removal of such member of the AK Board.

  • If a consensus cannot be reached, then the Class A Directors or the Class B Directors shall have an alternating casting vote in accordance with Section 4.05 to resolve such Deadlock.

  • At the AK Board, save as otherwise provided in this Agreement or in the Conditions of Administration, the presence in person or by proxy of at least seven (7) members shall be necessary to constitute a quorum, and the affirmative vote of a majority of the members present or represented, including at least two (2) Class A Directors and two (2) Class B Directors, shall be required to pass valid resolutions.

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More Definitions of Class B Directors

Class B Directors means those persons elected as Class B Directors pursuant to this Article V. The number of authorized Class B Directors shall at no time constitute less than four-fifths (4/5) of the Whole Board.
Class B Directors means the Class B-1 Directors and the Class B-2 Directors.
Class B Directors shall have the meaning specified in Section 5.3(a).
Class B Directors shall have the meaning set forth in the Company's Certificate of Incorporation.
Class B Directors shall have the meaning set forth in the General Partner Agreement.
Class B Directors has the meaning set forth in Section 2.1(a).
Class B Directors means those persons elected as the initial Class B Directors as contemplated by the Purchase Agreement and such other persons as are elected as Class B Directors pursuant to Section V(E) or Section V(H). The Corporation's nominees to be elected as Class B Directors at any meeting of the Corporation's stockholders shall be selected by a nomination committee composed solely of the Class B Directors then in office.