Permitted Nominee definition

Permitted Nominee means a person or entity permitted by the Board, pursuant to clause 7.2 of the Rules, to accept an offer of Loan Options made to an Eligible Person in place of the Eligible Person.

Permitted Nominee means a person or entity permitted by the Board to accept the offer of Director Options made to Dr Newman in place of Dr Newman;

Permitted Nominee means, in respect of an Eligible Participant:

Examples of Permitted Nominee in a sentence

• If Options are issued to a Permitted Nominee of an Eligible Person, the Eligible Person must, without limiting any provision in these Rules, ensure that the Permitted Nominee complies with these Rules.

• Terms of Reference (ToR) and requirements on environmental audit are summarized in Section 7.2.

• If Options are issued to a Permitted Nominee of an Eligible Person, the Eligible Person must, without limiting any provision in these Terms, ensure that the Permitted Nominee complies with these Terms.

• If an Eligible Participant ceases to Control their Permitted Nominee at any time, the Board may determine that any Options granted to the Permitted Nominee be transferred to the Eligible Participant.

• If an Eligible Person who holds Options or Performance Rights ceases to be an Eligible Person at any time after an Option has become exercisable or a Performance Right vests, if the Eligible Person ceases to be an Eligible Person due to retirement, disability, redundancy or death, such Eligible Person, or if appropriate, his or her Permitted Nominee may exercise any such Options or Performance Rights (to the extent that they are not already automatically exercised) at any time prior to the Expiry Date.

More Definitions of Permitted Nominee

Permitted Nominee has the meaning set out in clause 2.2(a);

Permitted Nominee is defined in Section 5.1(b).

Permitted Nominee means a nominee of an Employee in whose favour the Board, at its sole discretion, has resolved to grant Plan Options.

Permitted Nominee means a subsidiary or a subsidiary undertaking of the Buyer which is, directly or indirectly, wholly owned by the Buyer

Permitted Nominee means a wholly-owned subsidiary of the Lender which is resident for tax purposes in the same jurisdiction as the Lender.

Permitted Nominee means any company which is directly or indirectly wholly-owned by one or more individuals who are either (i) a Seller or (ii) a member of such Seller’s immediate family, and over which such Seller exercises control. If either Xxxxxxx Xxxxx or Xxxxxxxx elects to have any of the Acquired SRI Shares delivered to a Permitted Nominee it shall be a condition of Closing that the Permitted Nominee executes and delivers to the Buyers a certificate containing representations and warranties substantially the same as the representations and warranties set forth in Section 5. In that certificate the Permitted Nominee shall agree to indemnify the Buyers for any breach of any representation or warranty given in the certificate by the Permitted Nominee.

Permitted Nominee means any nominee of a Prepetition Lender that such Prepetition Lender has confirmed in writing to the Debtors and the First Lien Agent (or the Second Lien Agent, as the case may be) that it is such Prepetition Lender’s nominee for the purposes of distribution of some or all of such Prepetition Lender’s Plan Distribution Property, provided that such nominee shall be an affiliate of such Prepetition Lender.