Initial Board definition

Initial Board has the meaning set forth in Section 6.1.

Initial Board means the board of a newly reorganized district that is selected pursuant to section 275.25 or 275.41 and functions until the organizational meeting following the second regular school election held after the effective date of the reorganization.

Initial Board means the Board of Directors of the Company immediately following the consummation of the transactions contemplated by the Merger Agreement.

Examples of Initial Board in a sentence

• The members of the Board of Directors of the corporation shall be styled directors.Section 5.02 Initial Board of Directors.

• The number of Directors constituting the initial Board of Directors shall be as determined in the resolutions of the Incorporator of the Corporation electing the Initial Board of Directors.

• Director terms of the directors on the Initial Board will be classified.

• The chairman of the Initial Board shall be one of the “independent” Initial Directors, and the selection of the chairman shall be subject to the consent of the Second Priority Noteholders Committee and the other creditors or shareholders having appointment rights.

• Notwithstanding any provision in these By-Laws or the Certificate to the contrary, prior to the first annual meeting of stockholders at which Directors are elected following the effective date of these By-Laws, the size of the Initial Board shall not be increased or decreased without the affirmative vote of at least 80% of the entire Board.

More Definitions of Initial Board

Initial Board means the directors who are members of the Board effective as of the Closing.

Initial Board has the meaning set forth in Section 2.01(a).

Initial Board means the Board of Directors of Pubco immediately following the consummation of the Transactions.

Initial Board shall have the meaning set forth in Article IV.Q.3 hereof.

Initial Board has the meaning specified in the Sponsor Agreement.

Initial Board means those individuals appointed by Declarant as Directors pursuant to the power granted to Declarant in Section 9.04 of these Articles.

Initial Board means the Board immediately following the consummation of the Business Combination.