Examples of Nominating Member in a sentence
The Company and Indemnitee agree that each Nominating Member is an express third party beneficiary of the terms of this Section 1(d).
If at any time an Exchange Director Nominating Member waives its right to nominate an Exchange Director, such Exchange Director Nominating Member shall cause its nominee then serving on the Exchange Board (if applicable) to resign from the Exchange Board no later than the next Business Day following the date on which such Exchange Director Nominating Member provides its waiver notice pursuant to this Section 8.18(c)(v).
If such notice provides that such waiver is revocable, such Exchange Director Nominating Member may revoke such waiver by written notice to the Company, in which case such Exchange Director Nominating Member will once again be eligible to nominate an Exchange Director pursuant to this Section 8.18.
Without limiting the generality of the foregoing, this Agreement is intended to confer upon Indemnitee and Nominating Member indemnification rights to the fullest extent permitted by applicable laws.
Following the removal of the Exchange Director nominee of such Exchange Director Nominating Member from the Exchange Board, such Exchange Director Nominating Member shall once again have the right to appoint an Exchange Board Observer.