Independent Company Director definition

Independent Company Director means a director of the Company designated pursuant to Section 2.01(b).
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Independent Company Director means a member of the Board who is not an Employee of the Company.
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Independent Company Director means an individual who is a member of the Board who (a) is "independent" of the Company within the meaning of (i) the rules of the New York Stock Exchange or if the Company is listed or traded on another stock exchange, the principal stock exchange on which the Company's Common Stock is listed or traded and (ii) applicable rules of the Securities and Exchange Commission, in each case as may be in effect from time to time, (b) is not a Related Investor Party pursuant to any of clauses (a) - (d) of the definition of Related Investor Party, and (c) is not an officer or employee of the Company or any of its Affiliates; provided however that no more than two of the Purchaser Designees who meet the provisions of the foregoing clauses (a) through (c) shall be deemed to be Independent Company Directors for purposes of this Agreement even if more than two Purchaser Designees otherwise meet the provisions of the foregoing clauses (a) through (c).
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Examples of Independent Company Director in a sentence

  • The Board of Directors of Parent shall cause this composition to continue for so long as there is at least one Independent Company Director serving on the Board of Directors of Parent.

  • At or prior to the Effective Time, Parent shall take such actions as may be necessary or appropriate such that, as of the Effective Time, the Compensation Committee shall consist of three directors, one of whom shall be an Independent Company Director.

  • Until the Termination Date, at least eight of the AmWest Directors, at least two of the Creditors' Committee Directors, the Equity Committee Director, and the Independent Company Director shall each be Citizens of the United States.

  • Notwithstanding the foregoing, any Replacement Committee Independent Company Director Nominee shall be required to be qualified to serve as a director of the Company under any applicable law, rule or regulation imposing or creating standards or eligibility criteria for individuals serving as directors of organizations such as the Company.

  • To the extent that any such Claim against a Released Party exists or may exist, each Key Employee and Independent Company Director hereby irrevocably waives such Claim and releases and forever discharges the Released Parties from all and any liability in respect thereof.

  • Independent FBBH Director" shall mean a member of the ------------------------- board of directors of FBBH who is neither an Employee nor an Independent Company Director.

  • If the Purchaser does not timely reject a nominee, then a majority of the Independent Nominating Committee will select which of the two (2) nominees shall become a Replacement Committee Independent Company Director Nominee.

  • If such notification does not occur within such time period, the selection of Replacement Committee Independent Company Director Nominees will be made in accordance with the Company's Articles of Incorporation and Bylaws and otherwise in accordance with Title 78 of the Nevada Revised Statutes and not by an Independent Nominating Committee.

  • Upon completion of this selection process, the Company and TWC will use their best efforts to cause the Replacement Committee Independent Company Director Nominee to be appointed to the Board.

  • If TWC does not timely reject a nominee, then a majority of the Independent Nominating Committee will select which of the two (2) nominees shall become a Replacement Committee Independent Company Director Nominee.


More Definitions of Independent Company Director

Independent Company Director means an individual who is a member of the Board who (a) is "independent" of the Company within the meaning of (i) the rules of the New York Stock Exchange or if the Company is listed or traded on another stock exchange, the principal stock exchange on which the Company's Common Stock is listed or traded and (ii) applicable rules of the Securities and Exchange Commission, in each case as may be in effect from time to time, (b) is not a Related TWC Party pursuant to any of clauses (a) - (d) of the definition of Related TWC Party, and (c) is not an officer or employee of the Company or any of its Affiliates; provided however each of the TWC Designees who meet the provisions of the foregoing clauses (a) through (c) shall be deemed to be Independent Company Directors for purposes of this Agreement.
Sample 1
Independent Company Director means an individual who is a member of the Board who (a) is "independent" of the Company within the meaning of (i) the rules of the New York Stock Exchange, or if the Company is listed or traded on another stock exchange, the principal stock exchange on which the Common Stock is listed or traded and (ii) the applicable rules of the SEC, in each case as may be in effect from time to time, (b) is not a Related Investor Party pursuant to any of clauses (a) - (d) of the definition of Related Investor Party, and (c) is not an officer or employee of the Company or any of its Affiliates; provided however that no more than two of the Purchaser Designees who meet the provisions of the foregoing clauses (a) through (c) shall be deemed to be Independent Company Directors for the purposes of this Agreement even if more than two Purchaser Designees otherwise meet the provisions of the foregoing clauses (a) through (c).
Sample 1

Related to Independent Company Director

  • Company Director means a member of the Board.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Independent Consultant means the independent individual, firm, or organization with which the SBA contracts to prepare the Premium Formula and any other actuarial services for the FHCF, as determined under the contract with the Consultant.

  • Deputy Director means the Deputy Director of the Authority, as the case may be.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Consultant Company means for an individual consultant, a company or partnership of which the individual is an employee, shareholder or partner;

  • Director means a member of the Board.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Public Works Director means the Director of the Department of Public Works of the County of Los Angeles.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Associate Director means the associate director of the

  • Division Director means the Director of the Division of Family Services within the Department.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Independent Contractor Either (i) any Person (other than the Master Servicer) that would be an "independent contractor" with respect to REMIC I within the meaning of Section 856(d)(3) of the Code if REMIC I were a real estate investment trust (except that the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates), so long as REMIC I does not receive or derive any income from such Person and provided that the relationship between such Person and REMIC I is at arm's length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any other Person (including the Master Servicer) if the Trustee has received an Opinion of Counsel to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) of the Code (determined without regard to the exception applicable for purposes of Section 860D(a) of the Code), or cause any income realized in respect of such REO Property to fail to qualify as Rents from Real Property.

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Associated Entity means an entity that is not part of the law practice but which provides legal or administrative services to a law practice, including but not limited to:

  • Black empowered enterprise means an enterprise that is at least 25,1% owned by black persons and where there is substantial management control. Ownership refers to economic interests. Management refers to executive directors. This is whether the black enterprise has control or not.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;