Examples of Designating Holder in a sentence
In addition, (i) the Chairman or (ii) any two (2) Directors (so long as such two (2) Directors are not designated for election by the same Designating Holder) may call a special meeting of the Board at any time.
Form factor and exceptions The description of the scope of products included and exempt from the specifications should correspond to the description of servers in the beginning of the specifications.
Notwithstanding anything to the contrary in this Agreement, each of the Designating Holders shall from time to time hereafter consult in good faith with the Chief Executive Officer with respect to the designation for election to the Board of each Director designated by such Designating Holder or the Nominating Committee pursuant to Section 2.1(a)(i), Section 2.1(a)(ii), Section 2.1(a)(iv), Section 2.1(a)(v) and Section 2.1(a)(vi).
In the event that a Designating Holder no longer holds 10% or more of the outstanding New Common Stock (and such Designating Holder’s right to appoint a Designated Director has not been assigned to another Designating Holder), such Designating Holder’s right to appoint a Designated Director shall automatically terminate, and thereafter the Holders of a majority of New Common Stock.
The Company and the Board shall, subject to and consistent with the Board’s fiduciary duties and the terms of this Agreement, take such actions as necessary to cause each Board Designee so designated by any such Designating Holder to be nominated for election to the Board at each Holders Meeting or any Special Holders Meeting.
Each Designating Holder’s right to appoint a Designated Director will not be assignable in connection with a transfer of the New Common Stock held by such Designating Holder, except in connection with an assignment of all or substantially all of a Designating Holder’s New Common Stock to any other Designating Holder.
To the extent requested by a Designating Holder, the Company and the Holders shall take all actions necessary to cause the Board Designees designated by such Designating Holder to be designated as members of the board of directors or similar governingbody of any of the Company’s Subsidiaries with the same proportionate representation of such Designating Holder on such other board or governing body as on the Board.
Each Holder (whether in his, her or its capacity as a Holder, Director, member of a committee of the Board of Directors, Officer or otherwise) hereby agrees to take such actions as may be necessary or desirable within his, her or its control (including, in the case of a Holder, by voting all Voting Stock) to remove any Director that was designated for election by a Designating Holder at the request and direction of such Designating Holder.
Notwithstanding anything to the contrary in the Articles, but subject to Section 2(b), any vacancy on the Board resulting from the death, resignation, removal or otherwise of a Representative Manager shall be filled only upon nomination by the relevant Designating Holder; provided that any vacancy on the Board with respect to any Initial Independent Manager or any Independent Manager shall be filled with an individual nominated by the Majority Holder Group.
The Company and the Board shall, subject to and consistent with the Board's fiduciary duties, the DOT's and FAA's U.S. citizenship requirements and other Applicable Law, take such actions as necessary to cause each Board Designee so designated by any such Designating Holder to be nominated for election to the Board at each annual meeting of the Company's stockholders or any special meeting in lieu thereof.