Investor Observer definition

Investor Observer has the meaning set forth in Section 2.3.

Investor Observer means any Person designated by the Investor to attend meetings of the Board in a nonvoting observer capacity pursuant to Section 2 of the Voting Agreement.

Investor Observer has the meaning ascribed thereto in Section 2.1;

Examples of Investor Observer in a sentence

• The Company shall reimburse Investor Directors and Investor Observers for all reasonable out-of-pocket expenses incurred in connection with Board duties and meetings, up to US$20,000 per calendar year per Investor Director or Investor Observer.

• The aggregate increase within the periods presented was primarily due to increased costs associated with supporting a greater number of Customer Locations utilizing our platform, an increase in the number of customers on our payments solutions given the higher direct costs associated with transaction-based revenues, as well as the corresponding increase resulting from the acquisitions of ShopKeep, Upserve, Vend, NuORDER and Ecwid.

• Any action taken by the Board at any meeting will not be invalidated by the absence of the Investor Observer at such meeting.

• Economic AssumptionsEconomic stochastic projection assumptions are updated annually by Morneau Shepell Asset and Risk Management using a multi-stage process.

• The recovery rate during this stage usually lies within 30-50% (Kokal & Al- Kaabi, 2010).

More Definitions of Investor Observer

Investor Observer has the meaning ascribed to it in Section 8.4 of this Agreement.

Investor Observer has the meaning assigned to such term in Section 2.01(e).

Investor Observer has the meaning set forth in Section 4.4.

Investor Observer has the meaning given in Clause 4.1. Investor Shareholders means InternetQ, TP Music and each of their Permitted Assigns.

Investor Observer has the meaning set forth in Section 19(a).

Investor Observer means an individual designated in writing by the Investor to be a non-voting observer on the Parent Board and the Parent Bank Board; provided that, until the first anniversary of the Closing Date, the Investor Observer shall be Xxxxx Xxxxxxxx.

Investor Observer shall have the meaning ascribed thereto in Section 4.2. “Instrument of Adherence” shall have the meaning ascribed thereto in Section 2.1.