Examples of Nominee Directors in a sentence
The Debenture Directors and the Nominee Directors, subject to Article 151, shall not be subject to the retirement under this Article.
Any expenses that may be incurred by the participating institutions or such nominee Director/s in connection with their appointment to Directorship shall also be paid or reimbursed by the Company to the participating institutions or as the case may be to such Nominee Director/s.
The Board shall have no power to remove from the office of the Nominee Directors.
The Old Notes were, and the New Notes will be, issued under an indenture dated 26 July 2000 (the "Indenture") between, among others, the Issuer, The Bank of New York (as trustee) and the Company as a co-guarantor of the obligations of the Issuer under the Old Notes and the New Notes.
Provided also that in the event of the Nominee Director/s being appointed as whole time Director/s such Nominee Directors shall exercise such powers and duties as may be approved by the Lenders and have such rights or as are usually exercised or available to whole time Director, in the management of the affairs of the borrower.