Examples of IIAC Sponsor in a sentence
Twenty out of the 31 projects stated there was “no necessity”, because the contractor met the MEAT promises.
Upon the termination of the binding nomination right in accordance with this article 8.2.3, the IIAC Sponsor Nominee or any temporary Director replacing the IIAC Sponsor Nominee, if applicable, will resign from the Board with immediate effect at the request of the Board.
In the event the binding nomination for the appointment of any Director other than the IIAC Sponsor Nominee is overruled, the Board may make a new binding nomination to fill the vacancy.
In the event the binding nomination for the appointment of the IIAC Sponsor Nominee is overruled, the IIAC Sponsor may make a new binding nomination to fill the vacancy in accordance with article 8.2.1. A second General Meeting as referred to in article 2:120(3) BW cannot be convened for the purpose of this article.
IIAC’s audit committee reviews on a quarterly basis all payments that were made to the IIAC Sponsor, IIAC’s executive officers or directors, or IIAC’s or their affiliates.
The nomination of the IIAC Sponsor Nominee is subject to approval of the Board if such IIAC Sponsor Nominee had not previously served as Director.
For so long as that the IIAC Sponsor Group satisfies the Minimum Holding Requirement at such time, the IIAC Sponsor may request in writing that the Board proposes the suspension or dismissal of the IIAC Sponsor Nominee at any time and the Board will be required to do so accordingly.
As long as any such Escrowed Shares are held in escrow, the IIAC Sponsor’s voting and economic rights shall be restricted.In addition, the IIAC Sponsor, IIAC’s executive officers and directors, and any of their respective affiliates will be reimbursed for any out-of-pocket expenses incurred in connection with activities on IIAC’s behalf such as identifying potential target businesses and performing due diligence on suitable business combinations.
In addition, the IIAC Sponsor, IIAC’s executive officers and directors, and any of their respective affiliates will be reimbursed for any out-of-pocket expenses incurred in connection with activities on IIAC’s behalf such as identifying potential target businesses and performing due diligence on suitable business combinations.
IIACs audit committee reviews on a quarterly basis all payments that were made to the IIAC Sponsor, IIACs executive officers or directors, or IIACs or their affiliates.