Purchaser Directors definition

Purchaser Directors means the three members appointed to the Board of Directors by the Purchaser on the Purchaser Class B Initial Funding Date, as such Persons may be replaced from time to time.

Purchaser Directors means Xxxxxx Xxxxxx, Xxxxx Xxx Xxxxxxxxxx, Xxxx Xxxxxx, Xxxxxx Xxxxxxxx, and two additional Persons nominated by the Purchaser to be directors on the Board with one such additional Person being an Independent director.

Purchaser Directors shall have the meaning ascribed to this term in Section 2.3(a).

Examples of Purchaser Directors in a sentence

• One of the Purchaser Directors shall be appointed as the Chairman of the Company’s Audit Committee.

• Following such appointment, the Company shall use its best efforts to support the election of the Purchaser Directors and the COMCOR Director to the Board at the next annual general meeting of stockholders of the Company.

• At the Closing, the Company shall execute and deliver indemnification agreements substantially in the form attached hereto as Exhibit H (the “Indemnification Agreements”) with each of the Purchaser Directors.

• In the event of the death, resignation or removal of a Non-Purchaser Director, the Company shall use its best efforts to, and the Purchaser shall cause the Purchaser Directors to, elect a person designated by the remaining Non-Purchaser Directors as the successor to such Non-Purchaser Director.

• In the event of the death, resignation or removal of a Purchaser Director, the Company shall use its best efforts to, and the Existing Holders shall cause the Non-Purchaser Directors to, elect a person designated by the remaining Purchaser Directors as the successor to such Purchaser Director.

More Definitions of Purchaser Directors

Purchaser Directors shall have the meaning set forth in Section 3.4(a).

Purchaser Directors means the individuals selected by the Purchaser to serve as directors on the Board of Directors of the Company and the Material Subsidiaries following the Closing, and who qualify to serve as directors, which identity, credentials and assignment per entity shall be provided to the Seller no later than seven (7) Business Days prior to the Closing.

Purchaser Directors means any Directors nominated for such position by the Purchaser.

Purchaser Directors is defined in Section 4.1.

Purchaser Directors has the meaning given to such term in Section 7.1(m) of this Agreement.

Purchaser Directors means the directors designated by the holders of Preferred Stock pursuant to the Stockholders Agreement.

Purchaser Directors has the meaning set forth in the Shareholders Agreement.