Examples of DT Representative in a sentence
The DT Representative Director shall not be a member of the Conflicted Matters Committee.
Deutsche Telekom shall indemnify BT against any liability incurred as a result of any claim made by the DT Representative Director against BT in connection with his removal from office together with any costs reasonably incurred by BT in connection with such claim including the convening, holding and/or administration of any general meeting to consider any resolution under section 168 of the Companies Act.
Within two (2) Business Days from receipt of the DT Notice, the HR Representative should send a HR Notice to the DT Representative indicating HR’s agreement or disagreement with the proposal of DT, provided that if no such HR Notice is so sent, the proposal of DT shall be deemed agreeable to the HR.
The parties hereby acknowledge that the DT Representative has the sole and exclusive authorization to act on behalf of Purchaser under this Agreement.
Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent of Purchaser, the DT Representative and Restricted Holders holding a majority of the Exchange Shares held by all Restricted Holders.
Deutsche Telekom agrees that it shall ensure that any DT Representative Director nominated by it pursuant to Clause 5.1 would not (in so far as they are aware), upon appointment as a Director, contravene the Articles, the Listing Rules or any other applicable law.
If the HR disagrees with the third proposal of DT, in accordance with the previous sentence, the HR Representative and the DT Representative shall without delay consult each other for the purpose of reaching an agreement on the person nominated by DT.
For the avoidance of doubt, the DT Representative Director shall have no entitlement to any remuneration or a service contract, including no right to a bonus or participation in any employee share scheme or pension scheme operated by BT.
If DT disagrees with the second proposal of the HR, in accordance with the previous sentence, within one (1) Business Day from receipt of the second DT Notice, the HR Representative should send a further HR Notice to the DT Representative setting out the name and the qualifications of the new person proposed by HR.
If the Seller Representative timely disputes an Indemnification Claim, Purchaser (with the DT Representative acting on its behalf) and the Seller Representative shall resolve the dispute in accordance with the terms of the Share Exchange Agreement.