Independent Board definition

Independent Board means those directors of an offeree regulated company whom that company has indicated are independent directors;

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Independent Board means a majority of the independent directors on the Board. “Independent” has the meaning given under NASD Marketplace Rule 4200.

Independent Board means the Qualified Directors as a whole.

Examples of Independent Board in a sentence

• An Independent Board Committee comprising all the independent non-executive Directors has been formed to advise the Independent Shareholders in connection with the 2025 Automotive Components Sales Framework Agreement, the 2025 Automobiles Sales Framework Agreement and the transactions contemplated thereunder (including the 2025 Non-Exempt Proposed Caps).

• A circular containing, among other things, details of the Sale and Purchase Agreement, the advice from an independent financial adviser, the recommendation from the Independent Board Committee and the notice convening the EGM together with the proxy form and other information as required under the Listing Rules is expected to be despatched to the Shareholders on or before 8 August 2014.

• The Company shall appoint an independent financial adviser to advise (i) the Independent Board Committee and the Independent Shareholders as to the fairness and the reasonableness of the Sale and Purchase Agreement and the transaction contemplated thereunder; and (ii) the reasons for the length of the Licence Agreements which exceed three years.

• Platinum Securities Company Limited has been appointed as the Independent Financial Adviser to advise the Independent Board Committee and the independent Shareholders on the Transactions contemplated under each of the New NWD Master Services Agreement and the New DOO Master Services Agreement and the related Annual Caps.

• Gram Capital has been appointed to advise the Independent Board Committee and the Independent Shareholders in respect of the New Sales Framework Agreement, the placement of deposits under the New Financial Services Framework Agreement and the Sales and Purchase Agreement of Natural Uranium and the transactions contemplated thereunder (including the amount of the proposed annual caps, where applicable).

More Definitions of Independent Board

Independent Board means a majority of the independent directors on the Board. “Independent director” has the meaning given under Rule 5605(a)(2) of the NASDAQ Listing Rules (or any applicable replacement rule or regulation) (the “NASDAQ Listing Rules”).

Independent Board means the Prescient Board, appointed in terms of the Takeover

Independent Board means the independent board of the Company from time to time, determined in terms of the Takeover Regulations;

Independent Board means the independent board of Renergen, constituted in terms of regulation 108 of the Takeover Regulations in relation to the Offer;

Independent Board. Member As set forth in Section 3.4(a)(viii).

Independent Board means the Board excluding Mr Henry Van Hung Lam, Mr Alex Hambly and his alternate, Mr Craig Martin and an "Independent Director" means each of the Directors on the Independent Board.

Independent Board means the independent board appointed by the GPI Board to evaluate the SunWest and Worcester Transaction as required in terms of the Companies Regulations and consisting of the following directors Norman Maharaj, Walter Geach, Colin Priem and Nombeko Mlambo;