NYSE Independent definition

NYSE Independent means a person who shall qualify as a director of the Purchaser Board independent from the Purchaser, the Seller and the Investors (as such term is defined in the Investor Rights Agreement) as such term is used in Section 303A.02 (or any successor rule) of the New York Stock Exchange Listed Company Manual, determined, as applicable, as of (a) the time of the nomination of such director pursuant to Section 6.2 of the Investor Rights Agreement and (b) the time of any vote, decision or recommendation made by such director as a member of the Purchaser Board.
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NYSE Independent means a person who shall qualify as a director “independent” from the Company, the Sponsor and the Members, as such term is used in Rule 303A.02 (or any successor rule) of the NYSE Listed Company Manual.
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NYSE Independent means a person who shall qualify as a Director independent from PubCo, the Sponsor and the Members, as such term is used in Rule 303A.02 (or any successor rule) of the NYSE Listed Company Manual determined, as applicable, as of (i) the time of the nomination of such Director pursuant to Section 2.1 and (ii) the time of any vote, decision or recommendation made by such Director as a member of the Board.
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Examples of NYSE Independent in a sentence

  • In accordance with the requirements of the NYSE, Independent Directors must meet in regularly convened executive sessions (“Independent Director Sessions”) at least twice per year, and perhaps more frequently, in conjunction with regularly scheduled Board meetings.

  • PubCo has determined that the initial slate of directors referenced in Section 2.1(a) includes the requisite number of NYSE Independent directors meeting the requirements of the NYSE.

  • In accordance with the requirements of the NYSE, Independent Directors must meet in regularly convened executive sessions (“Independent Director Sessions”) at least once per year.

  • The Seller shall have the right to nominate the remaining six (6) members of the Purchaser Board to serve from the Closing until the election and qualification of their respective successors, at least three of which must be NYSE Independent and at least two of which must be Independent.

  • The Founder Investors’ Representative shall have the right to designate three (3) members of the Purchaser Board to serve from the Closing until the election and qualification of their respective successors, at least two of which must be NYSE Independent and at least one of which must be Independent.

  • Notwithstanding the foregoing, any material adverse change in the provisions of a management agreement, as they relate to the rights and obligations of a TRS Lessee, from those set forth in Annex A hereto shall be subject to approval by a majority of the directors of the REIT who, at the time, are "independent" in accordance with rules promulgated from time to time by the New York Stock Exchange ("NYSE") for companies listed on the NYSE ("Independent Directors").

  • The Seller shall have the right to designate the remaining six (6) members of the Purchaser Board to serve from the Closing until the election and qualification of their respective successors, at least three of which must be NYSE Independent and at least two of which must be Independent.

  • The Founder Investors’ Representative shall have the right to nominate two (2) members of the Purchaser Board to serve from the Purchaser Stockholder Meeting and one (1) additional member of the Purchaser Board to serve from the Closing, in each case, until the election and qualification of their respective successors, at least two of which must be NYSE Independent and at least one of which must be Independent.

Related to NYSE Independent

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates.

  • Independent When used with respect to any specified Person, means such a Person who (i) is in fact independent of the Company, the Master Servicer and the Trustee, or any Affiliate thereof, (ii) does not have any direct financial interest or any material indirect financial interest in the Company, the Master Servicer or the Trustee or in an Affiliate thereof, and (iii) is not connected with the Company, the Master Servicer or the Trustee as an officer, employee, promoter, underwriter, trustee, partner, director or person performing similar functions.

  • Independent Investment Bank means one of the Reference Treasury Dealers that the Issuer appoints to act as the Independent Investment Bank from time to time.

  • NYSRC means the New York State Reliability Council or any successor organization thereto.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Independent Investment Banker means one of the Reference Treasury Dealers appointed by the Company.