Excluded Directors definition

Excluded Directors. Xx. Xxx Xxx Xxxx, Xxxxx, Xxxxx X Xx Xxx, Xx. Xxx Kin Xxxx, Xxxxxxx and Xx. Xxx Xxx Xxx, Xxxxxx;
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Excluded Directors means Mr. Lai Ni Quiaque (Executive Director of the
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Excluded Directors directors of eSun who abstained from voting on the board resolutions approving the Transaction to avoid any conflict of interests;
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Examples of Excluded Directors in a sentence

  • Each Outside Director, other than the Excluded Directors, will be paid a cash retainer of $35,000 per year.

  • Each annual cash retainer under this Policy will be paid quarterly in arrears on a prorated basis to each Outside Director, other than the Excluded Directors, who has served in the relevant capacity at any point during the immediately preceding fiscal quarter of the Company (“Fiscal Quarter”), and such payment will be made no later than 30 days following the end of such immediately preceding Fiscal Quarter.

  • Notwithstanding anything to the contrary in the Plan, on the Effective Date, all Avoidance Actions shall be waived by the Debtors and Reorganized Debtors and their Estates, provided, however that Avoidance Actions against Excluded Directors and Officers shall not be waived.

  • Each individual who first becomes an Outside Director following the Effective Date, other than the Excluded Directors, will be granted an award of Restricted Stock Units (an “Initial Award”) covering a number of Shares having a Value (as defined below) of $300,000, with any resulting fraction rounded down to the nearest whole Share.

  • All the Directors (including, for the avoidance of doubt, the Excluded Directors) are jointly and severally responsible for the accuracy of facts stated and completeness of the information given by the Trustee-Manager to Unitholders on the Offer, including information contained in announcements and documents issued by or on behalf of IPIT in connection with the Offer.

  • Furthermore, the Indemnification Provisions related to the Excluded Directors and Officers shall not be assumed and/or continued.

  • On 30 March 2016, the SIC ruled that the Excluded Directors are exempted from the requirement to make a recommendation on the Offer as they face an irreconcilable conflict of interest in doing so, being presumed concert parties of the Offeror.The Directors who are considered independent for the purposes of the offer and who will be required to make a recommendation to Unitholders in respect of the Offer are Mr Gurbachan Singh, Mr Sri Murali s/o Sinnothei Renganathan and Ms Savita Singh.

  • The Excluded Directors must, nonetheless, still assume responsibility for the accuracy of facts stated or opinions expressed in documents and advertisements issued by, or on behalf of, the Company in connection with the Offer.

  • Each individual who first becomes an Outside Director following the Effective Date, other than the Excluded Directors, will be granted an award of 2 Restricted Stock Units (an “Initial Award”) covering a number of Shares having a Value (as defined below) of $300,000, with any resulting fraction rounded down to the nearest whole Share.

  • The SIC had, in its letter dated 1 March 2013 ruled that the Excluded Directors are exempted from the requirement to make the Recommendation as they face irreconcilable conflicts of interests in doing so being parties acting in concert with the Offeror.


More Definitions of Excluded Directors

Excluded Directors means all directors (and their close relatives, related trusts and companies controlled by any of them) of the Morgan Stanley group, except directors (and their close relatives, related trusts and companies controlled by any of them) of:
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Excluded Directors. Xx. Xxxx Xxxx Xxx, Xx. Xxx Xxx Xxx, Xxxxxx, Xxxxx X Xx Xxx, Xx. Xxx Tze Xxx, Xxxxxx and Xx. Xxx Xxxx Xxxx, all being a director of LSD;
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Excluded Directors means Mr. Lai Ni Quiaque (Executive Director and Chief Financial Officer of the Company) and Mr. Yeung Chu Kwong, William (Executive Director and Chief Executive Officer of the Company);
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Excluded Directors means, collectively, Xxxx Xxxxxxxx, Xxxxx X. Xxxxx, Xxx X. Xxxxxxxxxx and Xxxxxxx Xxxxxx (or if any such individual is a Withdrawing Director, the replacement for such individual prior to the Closing).
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Related to Excluded Directors

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors of the Company who (i) was a member of such Board of Directors on the date of this Indenture or (ii) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board at the time of such nomination or election.

  • Unaffiliated Director means, for purposes of this Code, a director or honorary director of the Fund who is not a director, officer or employee of the Adviser or an affiliate thereof.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Non-interested director means a director who is not an “interested director” of a fund and who is not employed by, or has a material business or professional relationship with, the fund or the fund’s investment adviser or underwriter. See Section 2(a)(19) of the Investment Company Act of 1940 for more information.

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

  • Investor Directors or “Investor Director” has the meaning set forth in Section 6.1(a) hereof.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Certificate of Incorporation, the Stockholders Agreement or otherwise.

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Qualified Director means a person who, at the time action is to be taken under:

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Incumbent Directors means directors who either (A) are directors of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); or

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Incumbent Board means the Incumbent Board as defined in Section 9(b)(ii) of the Plan.

  • Company Board of Directors means the board of directors of the Company.

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.