GTI CAPITAL definition
Examples of GTI CAPITAL in a sentence
The Promoter Side Letter shall be binding and enforceable against GTI CAPITAL and Blue Chandra as between each other.
Subject to the provisions of Clauses 5(j) and 5(m), the quorum for a meeting of the Board, duly convened and held, shall consist of the minimum number of Directors that are required by Applicable Law to approve each matter which is addressed at such meeting and must include at least one (1) GTI CAPITAL Director, one (1) Founder Director, one (1) Goldman Director and one (1) Blue Chandra Director.
The quorum requirements set out in Clause 5(p) (other than the requirement that GTI CAPITAL be present, unless required pursuant to Clause 5(p)) shall also be applicable at such adjourned meeting provided that if two (2) consecutive meetings of which notice has been duly given in accordance with Clause 5(p) are inquorate, the quorum for the next meeting shall be the Shareholders present at such meeting.
Subject to the provisions of Applicable Law, upon the receipt of at least three (3) Business Days prior written notice, the Company shall allow each of Blue Chandra, GTI CAPITAL and Goldman and their authorized representatives, at their expense, the right, during normal business hours, to inspect the books and records of the Company or any Subsidiary and to visit, inspect and have full access to all of the Company’s or any Subsidiary’s property and assets and the Company’s or any Subsidiary’s personnel.
Each of the Founders and the De Minimis Shareholders shall exercise their rights under this Agreement collectively and will at all times, unless otherwise agreed by each of IFC, Goldman, GTI CAPITAL and Blue Chandra, be represented by AJ.
Provided that any previous proposal that has already been considered and rejected by the Board, identified as such in Schedule 18 (List of New Investments) shall not be brought back for fresh approval unless specifically consented by GTI CAPITAL and this proviso shall not be subject to the sun setting provision and timelines that are applicable to item (f) of Part B of Schedule 4 (Reserved Matters) as set out in Clause 5 (s) (ii) of this Agreement.
None of the GTI CAPITAL Directors, the Blue Chandra Directors, the Goldman Directors, the IFC Nominee Director and the Additional Director (if and when appointed) shall be liable for any failure by the Company to comply with Applicable Law.
The GTI CAPITAL Directors, the Blue Chandra Directors, the Goldman Directors, the IFC Nominee Director and the Additional Director (if and when appointed) shall be non- executive directors and shall not be responsible for the day to day management of the Company.
The Company shall consult regularly with each of the Founders, Blue Chandra, GTI CAPITAL and Goldman on the status, progress and pricing of any Liquidity Event and allow such Shareholders reasonable opportunities to provide comments on the draft prospectus/documents and/or to participate in meetings with the stock exchange, the underwriter(s) or other advisers in respect of such Liquidity Event.
The quorum at a General Meeting shall be comprised in accordance with the provisions of the Companies Act and shall consist of Shareholders holding fifty percent (50%) or more of the outstanding Equity Shares in issue on a Fully Diluted Basis and shall include one (1) authorised representative of each of the Founders, Blue Chandra, GTI CAPITAL and Goldman.