Examples of IPL Board in a sentence
The execution and delivery of this Agreement by IPL and the consummation by IPL of the transactions contemplated by this Agreement have been duly authorized by the IPL Board and, subject to such approval of IPL Shareholders as is stipulated by the Court in the Interim Order, no other corporate proceedings on the part of IPL are necessary to authorize this Agreement or the Arrangement.
The IPL Board is made up of three independent non-executive directors, one of whom acts as Chairman, and three executive directors.
Under the terms of the Transaction, holders of IPL Common Shares ("IPL Shareholders") will, for each IPL Common Share held, receive 0.5 of a common share of Pembina (each whole share, a "Pembina Common Share").The Arrangement Agreement provides for customary non-solicitation covenants, subject to the fiduciary obligations of the board of directors of IPL (the "IPL Board"), and the right of Pembina to match any superior proposal (as defined in the Arrangement Agreement) within five business days.
The IPL Board aims to set Executive remuneration at levels to appropriately reflect the duties and responsibilities of the executives, comprising a fixed component and an “at risk” component.
The FLPL Board of Trustees appointed Kintner to serve on the NLC Board for a two-year period.• Pat Thompson, Interlochen Public Library (IPL) Board President, reported that she is representing IPL Director Renee Kelchak who is attending the Michigan Library Association Conference in Lansing.
The business lines provide regular reports to the IPL Board and Audit and Risk Committee on matters of significance to the Company's strategic objectives and risk appetite including business updates for Investment Management and Distribution, Operations reports and reports relating to significant new business initiatives or product development proposals, as well as matters that are escalated through the operational risk assessment process described below.
Pat Thompson, Interlochen Public Library (IPL) Board President, announced that the IPL capital campaign cabinet is fully staffed and moving ahead with plans for their new library building.
This is based on the current construction rate of $350/square foot and the research that was done to confirm that the size of the library is appropriate.M/S Donahue/Anderson that the IPL Board will pursue both a RDEK/DOI referendum in 2016 for a new building’s capital costs and its concomitant operational costs and will continue to raise funds through grants and donations for the soft costs in collaboration with the Multi-Use Facility’s Advisory Committee.
Without limiting the generality of the foregoing, IPL shall ensure that the Joint Proxy Circular provides IPL Shareholders with information in sufficient detail to permit them to form a reasoned judgment concerning the matters to be placed before them at the IPL Shareholders' Meeting, including the unanimous recommendation of the IPL Board that the IPL Shareholders vote in favour of the Arrangement Resolution.
The IPL Board has unanimously approved the Arrangement and the execution and performance of this Agreement.