Examples of Class C Director in a sentence

Any loan by a Member to the Company with the required consent of the Board of Directors shall be separately entered on the books of the Company as a loan to the Company and not as a Capital Contribution, and shall be evidenced by a promissory note duly executed by at least one Class C Director and one Class P Director on behalf of the Company and delivered to the lending Member.
Any action required or permitted to be taken by the Board of Directors may be taken without a meeting if at least one Class C Director and at least one Class P Director (or their alternates who have been appointed pursuant to Section 5.3(b) above) shall individually or collectively consent in writing to such action.
In the absence of a sole remaining Class C Director, such vacancies shall be filled by a majority vote of the holders of the Class C Securities, voting together as a single class.
At least one Class C Director shall sit on the compensation and audit committees of the Board, if any.
Any Class C Director may be removed at any time, without cause, by majority vote of the holders of the Class C Securities, voting together as a single class.

More Definitions of Class C Director

Class C Director has the meaning set forth in paragraph (a) of Article Fifth.

Class C Director means any director of UGC that is designated as a Class C Director by the restated certificate of incorporation of UGC.

Class C Director has the meaning assigned to such term in the Charter as in effect at consummation of the Offering.

Class C Director means each director of the Company that Deerfield is entitled to elect pursuant to this Agreement.

Class C Director and “Class C Directors” have the meaning set forth in Section 4.3(a).

Class C Director means a Director designated by the Class C Members.

Class C Director has the meaning set forth in Section 5.3(c) of this Agreement.