Guarantor Board definition

Guarantor Board means the board of directors of the Guarantor.

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Guarantor Board means the board of directors of the Guarantor or any duly authorized committee of such board or any director(s) or officer(s), or combination thereof, of the Guarantor to whom such board of directors or duly authorized committee thereof has duly delegated its authority.

Guarantor Board means the Cabinet or a sub-committee of Cabinet of the Council established to oversee the activities of the Company which require approval of the Council as member of the Company, whose terms of reference and governance arrangements are set out in Schedule 5; Intellectual Property means all intellectual and industrial property rights including patents, Know- How, registered trade marks, registered designs, utility models, applications for the rights to apply for any of the foregoing, unregistered design rights, unregistered trade marks, rights to prevent passing off for unfair competition and copyright, database rights, topography rights and any other rights in any invention, discovery or process, in each case in the United Kingdom and all other countries in the world and together with all renewals and extensions; In Writing means delivered by hand, posted or sent by fax but shall not be valid if sent by e-mail; Key Documents means this Agreement, the Articles, the First Business Plan and each subsequent Business Plan, including the financial documents supporting the Business Plan and ”Key Document” shall mean any of them as the case may be; Know How means all knowledge, experience, data, technical or commercial information, inventions which includes description of formulae, business plans, research, research products, information access, networking administration, facilitation and planning; Material Matters means the matters specified in Schedule 3 of this Agreement in respect of the Company; Member Approval means the approval of the Council, which may be given by the Guarantor Board in accordance with its terms of reference, in accordance with clause 12; Member IP means any Intellectual Property owned by or licensed to the Council, excluding Company Intellectual Property; Net Losses means the accumulated aggregate net losses of the Company for a Financial Year as shown in the accounts for such Financial Year; Net Profits means the accumulated aggregate profits of the Company available for distribution (in accordance with the Companies Act 2006) for a Financial Year as shown in the accounts for such Financial Year after the deduction of Net Losses and the corporation tax payable by the Company on such profits; Objectives means the objectives set out in Schedule 4 as may be amended from time to time with Member Approval; Policies means the contract and financial rules, regulations and policies to which the Company is subject from time to time as such rules...

Examples of Guarantor Board in a sentence

• Any form of Guarantee approved by or pursuant to a Guarantor Board Resolution must be acceptable as to form to the Trustee, such acceptance to be evidenced by a certificate signed by a Responsible Officer of the Trustee and delivered to the Guarantor.

• Each Guarantee shall be in a form approved from time to time by or pursuant to a Guarantor Board Resolution, or established in one or more indentures supplemental hereto.

• The Collateral Agent shall have received copies of the organizational documents (certified by the appropriate authorities) of the Issuer, the Company and the Performance Guarantor, Board of Directors resolutions or similar authorizing resolutions of the Issuer and the Seller in respect of the Program Documents and the Mortgage Loan Purchase and Servicing Agreement, as applicable, and incumbency certificates of the Issuer, the Company and the Performance Guarantor.

• In determining whether any rights or warrants entitle the holders to subscribe for or purchase Common Stock at less than such Current Market Price, and in determining the aggregate offering price of such Common Stock, there shall be taken into account any consideration received by the Guarantor for such rights or warrants, the value of such consideration, if other than cash, to be determined by the Guarantor Board.

• The election of the Issuer or the Guarantor to redeem any Securities shall be evidenced by a Board Resolution or a Guarantor Board Resolution, as the case may be.

• Notwithstanding TIA Section 316(c), such Record Date shall be the Record Date specified in or pursuant to such Board Resolution or Subsidiary Guarantor Board Resolution, as the case may be, which shall be a date not earlier than the date 30 days prior to the first solicitation of Holders generally in connection therewith and not later than the date such solicitation is completed.

• The Guarantor Board Designee and Guarantor shall be entitled to enter into an indemnification agreement with the Company in connection with the Guarantor Board Designee's service on the Board, such agreement to be in a form reasonably acceptable to Guarantor.

• The Guarantor Board Designee may only be removed from the Board with the prior written consent of Guarantor.

• If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the Securities, the Company, by a Board Resolution, or the Guarantor, by a Guarantor Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities and shall comply with the applicable requirements of Section 611.

• Board decision with the Guarantor Board approval if contained within the Business Plan and approved budgets otherwise Cabinet approval between £50,000 and £500,000 and full Council approval over £500,000 1 Subject to paragraph 3 below, the Company can do anything that is contained in the Business Plan without any further approval from the Guarantor Board.