Deciding Body definition

Deciding Body means the Board, or a committee thereof appointed by the Board, which is responsible for overseeing the implementation of and compliance with the Corporation’s Conflict of Interest Policy, as required by Section 715-a of the NPCL.
Deciding Body means the Audit & Ethics Committee, if any, and otherwise the
Deciding Body means the Audit Committee, if any, and otherwise the independent directors of the Board or another committee of the Board comprised solely of independent directors.

Examples of Deciding Body in a sentence

  • The remaining Deciding Body members will decide if a Conflict of Interest exists.

  • If, after hearing the individual’s response and after making further investigation as warranted by the circumstances, the Deciding Body determines the individual has failed to disclose an actual or possible Conflict of Interest, it will take appropriate disciplinary and corrective action.

  • If the Deciding Body has reasonable cause to believe that an individual has failed to disclose actual or possible Conflicts of Interest, it will inform the individual of the basis for such belief and afford the individual an opportunity to explain the alleged failure to disclose.

  • In connection with any actual or possible Conflict of Interest, an Interested Person must disclose the existence of the financial or other interest and be given the opportunity to disclose all material facts to the Deciding Body.

  • The Board of Directors shall provide notice by personal service to an Owner of a separate interest who occupies the separate interest or to the Owner's legal representative, if the Board votes to foreclosure upon the separate interest.


More Definitions of Deciding Body

Deciding Body means the Audit & Ethics Committee, and otherwise the Board or a committee thereof appointed by the Board, which is responsible for overseeing the implementation of and compliance with the Corporation’s Conflict of Interest Policy, as required by Section 715-a of the New York Not-for-Profit Corporation Law, as may be amended from time to time (the “NPCL”).
Deciding Body means the Board of Directors of the Association, or a committee of the Board thereof, which is responsible for overseeing the implementation of and compliance with the Association’s Conflict of Interest Policy.
Deciding Body means the Audit Committee, if any, and otherwise the Independent Directors of the Board or another committee of the Board comprised solely of Independent Directors. The term “Independent Director” shall have the meaning set forth in Section 102(a)(21) of the NPCL, as may be amended from time to time, as further set forth in Article III, Section 9 of these Bylaws.
Deciding Body means the Audit Committee, if any, and otherwise the independent directors of the Board or another committee of the BoardBoard, or a committee thereof, which is responsible for overseeing the implementation of and compliance with the Corporation’s Conflict of Interest Policy, as required by Section 712-a and Section 715-a of the NPCL, as amended from time to time. If required by law or if otherwise directed by the Board, the Deciding Body shall be comprised solely of Independent Directors. The term
Deciding Body means the independent Directors of the Board or another committee of the Board comprised solely of independent Directors.
Deciding Body means the Audit Committee, if any, and otherwise the independent directors of the Board or another committee of the Board comprised solely of independent directors. The term “independent director” shall have the meaning indicated in Section 102 of the New York Not-for-Profit Corporation Law.A “Relative” of an individual means his or her (i) spouse, ancestors, brothers and sisters (whether whole or half blood), children (whether natural or adopted), grandchildren, great-grandchildren, and spouses of brothers, sisters, children, grandchildren, and great- grandchildren; or (ii) domestic partner as defined in Section 2994-a of the New York Public Health Law, or any successor statute.
Deciding Body means the Board, or a committee thereof, which is responsible for overseeing the implementation of and compliance with the Corporation’s Conflict of Interest Policy, as required by Section 712-a and Section 715-a of the NPCL, as amended from time to time.