Independent Governors definition

Independent Governors has the meaning set forth in Section 7.1(b)(ii) of this Agreement.
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Independent Governors means Governors who are neither students nor members of staff of the University
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Independent Governors means a Governor who must satisfy the definition of Independent. “Independent,” when used in the context of Governors or committee members, shall mean persons affirmatively determined by the Board of Governors as having no Material Relationship with the Exchange. The term “Stockholder Governor” shall mean a Governor who is a Stockholder or an officer, director (or a person in a similar position in business entities that are not corporations), designee or an employee of a Stockholder or any affiliate or subsidiary of such Stockholder.
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Examples of Independent Governors in a sentence

  • External Independent Governors do not have any financial interest in the institution and shall not have any conflicts of interest and/or financial dealings between governing board members and the institution except the entitlement to reimbursement of expenses for attending BoG meetings/meetings of any BoG sub-committee and meeting fees.

  • In addition to such a vote, the Independent Governors shall form a committee pursuant to Section 5.17 to review said transaction and contract to ensure that the proper procedures for approving the transaction are followed and that such transaction is in fact no less favorable to the Company than if the transaction had been entered into with an independent third party.

  • The approval of such transaction will require a vote of a majority of the Independent Governors, as defined in Section 1.10.

  • The Committee comprises the Chair of the Board, Vice-Chair, Vice-Chancellor, two other Independent Governors and the nominated member from the Academic Board.

  • The Governing Body shall ensure that a majority of Independent Governors shall have experience of and shall have demonstrated capacity in educational, commercial, industrial, voluntary or employment matters, the practice of any profession or of any other area deemed by the Governing Body to be relevant to the furtherance of the Objects.

  • At any meeting of the Board, the number of members of the School’s Senior Leadership Group should not exceed the number of Independent Governors present.

  • If the Vice-Chair is not present at the commencement of a meeting, the Members present shall select one of the Independent Governors present as Acting Chair to preside over the meeting.

  • The quorum for meetings of the Audit Committee shall be three Members (of whom two shall be Independent Governors).

  • The quorum for meetings of the Finance Committee shall be three Members (of whom two shall be Independent Governors).

  • The quorum for meetings of the Nominations Committee shall be three Members (of whom two shall be Independent Governors).


More Definitions of Independent Governors

Independent Governors means independent Governors who are neither
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Independent Governors means independent Governors who are neither Staff nor Students
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Independent Governors means independent Governors who are neither staff nor students of the School;
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Independent Governors means the independent members of the Board of Governors appointed pursuant to article 3(g) of the Order of Council;
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Independent Governors means the Governors appointed pursuant to Article 5; “Internal Governors” means the Governors appointed pursuant to Article 5;
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Related to Independent Governors

  • the Parent Governors means the Governors appointed pursuant to Articles 53 to 58 inclusive;

  • the Governors means the directors of the Academy Trust (and “Governor” means any one of those directors), subject to the definition of this term at Article 6.9(b) in relation to Articles 6.2-6.9;

  • Staff Governor means an employee of the Academy Trust who may be appointed as a Governor pursuant to Article 50A;

  • Governors means the governors appointed or elected to the Governing Body of the School, from time to time.

  • Board of Governors means the Board of Governors of the Federal Reserve System of the United States of America.

  • Further Governors means the Governors appointed pursuant to Article 63 ;

  • the LA Governor means the Governor who may be appointed pursuant to Article 51;

  • Additional Governors means the Governors appointed pursuant to Article 62 and 62A;

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System.