Governing Board Members definition

Governing Board Members means members of the governing body of a charity or trustees for a charity having the general control and management of the administration of the charity;

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Governing Board Members means members of the Governing Board.

Governing Board Members means the individuals serving as members of the protectorate or governing boards of (x) the Trusts or their respective trustees or (y) if the individuals serving as members of the protectorate or governing boards of the Trusts or their respective trustees immediately prior to any restructuring or dissolution of the Trusts or any transfer of Capital Stock of the Company held directly or indirectly thereby represent at least a majority of the members of the protectorate or governing board of the trust (or trustee thereof) or other entity replacing the Trusts as a direct or indirect owner of all, or substantially all, Capital Stock of the Company held directly or indirectly by the Trusts immediately prior to such restructuring, dissolution or transfer, such replacement trust (or its trustee) or entity, together with any new members whose election or appointment was approved by at least two-thirds of the members of such boards or board.

Examples of Governing Board Members in a sentence

The replacement of the initial Governing Board Members must be done in staggered terms to ensure continuity in leadership and oversight.
The selection of the School’s Governing Board Members and officers shall be as set forth in the School’s approved Application (Appendix 1) or in School’s by-laws if such are adopted subsequent to the submission of Appendix 1.
The procedures for the replacement of Governing Board Members shall be set forth in the Governing Board’s Bylaws.
The names of the Governing Board Members and the School’s Chief Administrator/Principal must be current at all times and the Sponsor shall be notified within five (5) days of any changes.
Members of the School’s organizing group not serving on the School’s Governing Board are not allowed to vote for Governing Board Members or approve changes to the School’s Articles or Bylaws.
Immediately following the election of Governing Board Members, at the first meeting of the Governing Board, the officers shall be elected by Simple Majority Vote of the Members.
Any Governing Board Members participating in a meeting by such means is deemed to be present in person at the meeting for all purposes including, but not limited to, establishing a quorum.
In an emergency, the Governing Board may dispense with written notice requirements for special meetings, but must, in good faith, implement best efforts to provide fair and reasonable notice to all Governing Board Members.
All Governing Board Members and their alternates shall serve without compensation from Snohomish County 911.
However, Snohomish County 911 may pay for or reimburse Governing Board Members and alternates for reasonable out-of-pocket costs related to service on the Governing Board.

More Definitions of Governing Board Members

Governing Board Members means the individuals serving as members of the protectorate or governing boards of (x) the Trust or its trustee or (y) if the individuals serving as members of the protectorate or governing boards of the Trust or its trustee immediately prior to any restructuring or dissolution of the Trust or any transfer of Capital Stock of the Company held directly or indirectly thereby represent at least a majority of the members of the protectorate or governing board of the Trust (or trustee thereof) or other entity replacing the Trust as a direct or indirect owner of all, or substantially all, of the Capital Stock of the Company held directly or indirectly by the Trust immediately prior to such restructuring, dissolution or transfer, such replacement trust (or its trustee) or entity, together with any new members whose election or appointment was approved by at least two-thirds of the members of such board.

Governing Board Members means the individuals serving as members of the protectorate or governing boards of (x) the Trust or its trustee or (y) if the individuals serving as members of the protectorate or governing boards of the Trust or its trustee immediately prior to any restructuring or dissolution of the Trust or any transfer of Capital Stock of the Company held directly or indirectly thereby represent at least a majority of the members of the protectorate or governing board of the Trust (or trustee thereof) or other entity replacing the Trust as a direct or indirect owner of the Capital Stock of the Company held directly or indirectly by the Trust immediately prior to such restructuring, dissolution or transfer, such replacement trust (or its trustee) or entity, together with any new members whose election or appointment was approved by at least two-thirds of the members of such board.

Related to Governing Board Members

Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.
Board Members means the Directors or Trustees of the governing body of the Fund, as the case may be.
Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.
Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.
Disinterested Board Members means those members of the Board of a Fund that are not deemed to be "interested persons" of the Fund, as defined by the Act.