Nomination Right definition

Nomination Right has the meaning ascribed thereto in Section 2;

Nomination Right has the meaning set out in subsection 9.1(e);

Nomination Right has the meaning set forth in Section 2(b).

Examples of Nomination Right in a sentence

• Significant Shareholders who do not exercise their Significant Shareholder Nomination Right may designate one individual to observe any meetings of the Board.

• Senior Creditors who are anticipated to have a Significant Shareholder Nomination Right on the Restructuring Effective Date may also each nominate one individual to the initial Board.

• If there are more than two Significant Shareholders, the two largest shareholders of NewCo shall have the right to exercise the Significant Shareholder Nomination Right and the other Significant Shareholders shall not exercise its Significant Shareholder Nomination Right.

• For the avoidance of doubt, CFIUS Clearance is not a condition to the occurrence of the Completion and, if and when CFIUS Clearance is issued or obtained (whether before or after the Completion), the Nomination Right shall apply and shall no longer be suspended with respect to the particular entity with respect to which CFIUS Clearance is obtained.

• Except as otherwise provided by the terms of a Contractual Nomination Right, after dissolution of a Subcommittee, the Nominating Committee shall have the exclusive delegated authority of the Board to nominate directors and fill any vacancy or newly created directorship that such Subcommittee had the right to nominate or fill at the time of its dissolution.

More Definitions of Nomination Right

Nomination Right means the right to propose a Director nominee for election;

Nomination Right has the meaning attributed to such term in Section 2.2(2);

Nomination Right. As defined in Section 2.10 hereof.

Nomination Right shall have the meaning set forth in Section 6.5(a).

Nomination Right. As defined in Section 2.10 hereof. Person: A corporation, an association, a partnership, an organization, business, an individual, a governmental or political subdivision thereof or a governmental agency.

Nomination Right means the right to designate a Director Nominee as provided in Section 2 of this Agreement.

Nomination Right means that Wandsworth Council or its partners would manage the property and its letting throughout the five year period and pay the owner a rental income. A separate leasing agreement will be drafted which details the arrangements