Governing person definition

Governing person means a person serving as part of the governing authority of an entity.

Governing person means a person who is entitled,

Governing person means a person who is entitled, alone or as part of a group, to manage and direct an organization's affairs under the organization's governing documents and governing law. The term includes:

Examples of Governing person in a sentence

• The Settlement Agreement also provides that Delphi shall continue to provide monthly wage payments and active employment benefits to PRP participants pursuant to the IUE-CWA MOU.

• If an event requiring winding up occurs and there is no remaining Governing Person, a Majority of the Members may appoint an interim Governing Person of the Company, who will have and may exercise only the rights, powers, and duties of the Governing Persons necessary to preserve the Company assets, until a new Governing Authority, if any, are elected.

• Any Governing Person who is designated “tax matters partner” shall take such action as may be necessary to cause each Member to become a “notice partner” within the meaning of section 6223 of the IRS Code.

• Xxxxx shall thereupon automatically become the Manager and Governing Person of the Company.

• Notice stating the place, day and hour of the meeting shall be delivered to each Governing Person not less than three (3), nor more than sixty (60) days before the date of the meeting, by or at the direction of the Governing Persons who called the meeting, the President, or other person calling the meeting.

More Definitions of Governing person

Governing person means a person, alone or in concert with others, by or under whose authority the powers of the limited liability company are exercised and under whose direction the activities and affairs of the limited liability company are managed pursuant to this chapter and the limited liability company's operating agreement. The term includes:

Governing person means a person serving as part of the Governing Authority of the Corporation.

Governing person means a person serving as part

Governing person means the "governing authority associated with

Governing person means a person serving as part of the Governing Authority of the

Governing person means a person who is entitled, alone or as part of a group, to manage and direct an organization’s affairs under the organization’s governing documents and governing law. The term includes:

Governing person means the "governing authority associated with the series" or a "governing person associated with the series"; and