Expiring Class definition

Expiring Class means a class of directors whose term shall expire at the next annual meeting of stockholders.
Expiring Class means a class of directors whose term shall expire at the annual meeting of stockholders.

Examples of Expiring Class in a sentence

  • No later than 5 Business Days of the Revolving Facility Maturity Date of any Class of Revolving Credit Commitments (an “Expiring Class”), the Borrower will Cash Collateralize any Revolving L/C Exposure held by Lenders of such Expiring Class with respect to Letters of Credit expiring after the Revolving Facility Maturity Date of such Expiring Class.

  • For purposes of this section, an "Expiring Class" shall mean a class of directors whose term shall expire at the next annual meeting of stockholders.

  • At such time that the corporation has a classified Board of Directors, this Section 5(d) shall only apply with respect to increases in an Expiring Class.

Related to Expiring Class