Examples of Kxxxx Director in a sentence
Unless otherwise decided by a majority of the Board (which majority must include at least one GSCP Director and at least one Kxxxx Director), each Management Member shall be an officer of the Company.
Except as otherwise provided in this Article III, Units in a particular class may be issued from time to time, at such prices and on such terms as the Board (which issuance, prices and terms must have been approved by at least one GSCP Director and at least one Kxxxx Director) or, in the case of Override Units, the Override Unit Committee may determine, without obtaining the consent of any Member or class of Members.
Notwithstanding anything to the contrary in this Section 4.5, each committee designated hereunder shall, for so long as GSCP continues to hold an amount of Common Units that represents both the Requisite Outstanding Amount and the Requisite Original Amount, include at least one GSCP Director and, for so long as Kxxxx continues to hold an amount of Common Units that represents both the Requisite Outstanding Amount and the Requisite Original Amount, include at least one Kxxxx Director.
A Member may make further capital contributions to the Company, but only with the written consent of the Board acting by majority vote (which majority must include at least one GSCP Director and at least one Kxxxx Director) in accordance with Section 3.2 or Section 4.12, as applicable.
Any action required or permitted to be taken at any meeting of the Board or of any committee thereof may be taken without a meeting, if a majority of the members of the Board or committee (which majority must include at least one GSCP Director and at least one Kxxxx Director), as the case may be, consent thereto in writing, and the writing or writings are filed with the minutes of proceedings of the Board or committee.
The Board may designate any such Additional Member as an “Investor Member,” a “Management Member” or an “Outside Member” hereunder (but only to the extent that such designation has been approved by at least one GSCP Director and at least one Kxxxx Director).
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