Examples of Conflict Transaction in a sentence
This Section shall not be construed to require authorization, ratification or approval by the Shareholders of any Conflict Transaction, or to invalidate any Conflict Transaction that would otherwise be valid under the common and statutory law applicable thereto.
With respect to any Conflict Transaction that is required to be submitted to the stockholders of the Corporation for approval, the Conflict Committee shall have the authority to propose to the entire board of directors, for its consideration, what action, if any, should be taken by the Corporation with respect to such Conflict Transaction.
The Trustee shall use his best efforts to give the Shareholders not fewer than 48 hours' prior written notice of any such meeting or execution of any such written consent, the subject matter of the meeting or consent, how he intends to vote (or abstain from voting) with respect to the subject matter of the meeting or consent and, if applicable, a description in reasonable detail of the nature of any Conflict Transaction that is the subject matter of the meeting or consent.
Regardless of the presence or vote of a Director interested in a Conflict of Interest Transaction, a Conflict of Interest Transaction may be approved, and any Board Quorum satisfied, if the Conflict of Interest Transaction’s material facts, and the Director’sinterest, are disclosed or known to the Board or Board Committee, and a majority of more than one (1) Director or Board Committee member with no interest in the Conflict Transaction votes to approve the Conflict of Interest Transaction.
Figure 2 - Institutional Environment and Performance INSTITUTIONSFederal Constitution / Statute of the Land / Statute of the Indian/ Civil Code Land Property Rights ORGANIZATIONSSquatters/ Rural workers/ OwnersSocial Landless Movements /IndigenousINCRA/ Ministry of Agrarian Development / Public Ministry /FUNAI/ State Government /IBAMA Land Conflict Transaction Cost Private and Social Performance Source: Williamson (1985).
Regardless of the presence or vote of a Director interested in a Conflict of Interest Transaction, a Conflict of Interest Transaction may be approved, and any Board Quorum satisfied, if the Conflict of Interest Transaction’s material facts, and the Director’s interest, are disclosed or known to the Board or Board Committee, and a majority of more than one (1) Director or Board Committee member with no interest in the Conflict Transaction votes to approve the Conflict of Interest Transaction.
Subject to Clauses 13.4 and 13.5, a Director is entitled to act under this Constitution and to exercise all of the powers conferred on him or her even when the Directors enter into a propose to enter into a Conflict Transaction for that Director.
This Section shall not be construed to require authorization, ratification, or approval by the Members of any Conflict Transaction or invalidate any Conflict Transaction that would otherwise be valid under common and statutory law applicable thereto.
In addition, the Council or Authorized Committeemay, in its sole discretion, elect to treat any relationship, potential conflict of interest, or Divided Loyalty disclosed by any Covered Person as a Conflict Transaction subject to the provisions of this Section V.
Information which must first be provided to the Chair includes any term sheets, papers for Board meetings or committee meetings and any documents generated internally or by the Group’s advisors in relation to the Conflict Transaction.