Director Period definition

Director Period means the period commencing on the Second Closing Date and ending on the date on which the Investor (including SK ecoplant and the SPV) and its Subsidiaries beneficially own less than five percent (5.0%) of the shares of Common Stock then issued and outstanding.
Director Period means the period commencing on the Closing Date and ending on the earlier of (i) the date on which the Purchaser beneficially owns shares of Common Stock representing less than 5.0% of the total outstanding shares of Common Stock and (ii) the effective date set forth in a written notice from the Purchaser to the Company in which both (x) the Purchaser fully and irrevocably abdicates its rights pursuant to Section 5.1 and (y) the Purchaser Designee has tendered to the Board his or her resignation from the Board.
Director Period means the period commencing on the Closing Date and ending on the earlier of (i) the date immediately following a period of forty-five (45) consecutive days during which the Investor and its Affiliates beneficially own shares of Common Stock representing less than four percent (4.0%) of the shares of Common Stock then issued and outstanding, (ii) the second anniversary of the Closing Date if the Joint Venture Agreement has not been executed and delivered by all parties thereto by such date, and (iii) any expiration or termination of the Joint Venture Agreement in accordance with the terms thereof.

Examples of Director Period in a sentence

  • Fethers B.Sc., MAusIMMManaging Director:Aged 54, Founding Director Period in office: 15 yearsManages the operations of RLC.

  • The terms and conditions of the appointment are as under:Shri Ashish Mahendrakar : Managing Director Period 3 (three) years i.e. 07.08.2014 to 06.08.2017As Managing Director, Shri Ashish Mahendrakar shall be responsible for the company’s business affair as entrusted to him subject to the direction, supervision and control of the Board of Directors.

  • Upon the end of the Director Period, the Investor shall cause the Investor Designee to tender to the Board, as soon as practicable and in any event within five (5) days following the end of the Director Period, his or her resignation from the Board.

  • The holders of our common stock are entitled to one vote for each share of common stock held and the holders of our Class A Common Stock are entitled to the number of votes equal to the Class A Common Stock Ratio for each share of Class A Common Stock held on all matters submitted to a vote of the stockholders, including the election of directors except as to the Class A Directors during the Class A Director Period.

  • SAURABH KALANI - Whole Time Director (Period from 1st April, 2014 to 31st March, 2015) Salary & AllowanceRs. 6.00 Lacs per monthOther benefitsFurnished accommodation Club fees (Up to 2 clubs), Reimbursement of expenses which includes gas, electricity, water, expenses, Car plus Chauffer salary and society maintenance etc.Stock optionsGrowth-NIL MR.

  • MANOJ KUMAR DWIVEDI - Whole Time Director (Period: from 1st April, 2014 to 31st March, 2015) Salary & AllowanceRs.1.73 Lacs per monthOther benefitsReimbursement of expenses which includes telephone, Diesel for Car plus Driver salary etc.Stock optionsGrowth-NIL MR.

  • JSI may cancel this RFP without any cost or obligation at any time until issuance of the award.Part C: Terms of Reference Purpose: Project Baseline Survey Activity Manager: Addisalem Kebede, MEL Director Period of Performance: January to June 2024 Place of Performance: Selected districts in Aden, Hadramout, Lahj, and Taiz Gov.

  • The period of occupancy is 2 years or less as specified by the Director Period of occupancy may be extended if approved by the Director.2.2. The rules for the extension of occupancy prescribed in the preceding Paragraph are specified separately.

  • Thus, the Class A Common Stock will be entitled to elect the majority of the board of directors during the Class A Director Period.

  • D.K. SHARMA - Whole Time Director (Period from 12th August, 2014 to 31st March, 2015) Salary & AllowanceRs. 1.81 Lacs per monthOther benefitsReimbursement of expenses which includes telephone, Diesel for Car plus Driver salary etc.Stock optionsGrowth-NIL MR.


More Definitions of Director Period

Director Period means the period commencing on the Closing Date and ending on the earlier of (i) the date on which the Purchaser beneficially owns shares of Common Stock representing less than 5.0% of the total outstanding shares of Common Stock and (ii) the effective date set forth in a written notice from the Purchaser to the Company in which both (x) the Purchaser fully and irrevocably abdicates its rights pursuant to Section 5.1 and(y) the Purchaser Designee has tendered to the Board his or her resignation from the Board.
Director Period means the period commencing on the Closing Date and ending on the date on which the Investor, SKT’s Subsidiaries, or SKT’s Affiliates together beneficially own Purchased Securities (and Company Ordinary Shares issued with respect thereto) representing less than five percent (5.0%) of the Company Ordinary Shares then issued and outstanding (calculated on a Fully-Diluted Basis).
Director Period has the meaning ascribed to such term in Section 5.1