Purchaser Nominee definition

Purchaser Nominee means any person designated by the Purchaser Representative to be nominated by the Company for election to the Board of Directors as a Series A Director pursuant to Section 4.1(b).

Purchaser Nominee means any Affiliate or Affiliates of the Purchaser that the Purchaser indicates to AWI as transferee or transferees of the Sale Shares, or portions of the Sale Shares, under the Local Share Transfer Agreements; to the extent the Purchaser has not indicated a Purchaser Nominee in relation to certain Sale Shares at the latest five Business Days prior to the Completion Date, the Purchaser itself shall be deemed transferee in relation to these Sale Shares;

Purchaser Nominee is defined in Section 5.4.

Examples of Purchaser Nominee in a sentence

• If at any time during the period when the Purchaser Nominee(s) have a right to be appointed to the Board pursuant to this Section 2, there shall occur a vacancy in the Board seat previously occupied by a Purchaser Nominee by reason of resignation, removal, death or incapacity, then such vacancy shall be filled by another Purchaser Nominee designated in accordance with this Section 2.

• The Chief Executive Officer and President of the Company shall report directly to such Purchaser Nominee..

• Prior to the Closing Date, the Company shall make all amendments to its Corporate Governance and Nominating Committee Charter as may be necessary to allow one Purchaser Nominee director to serve on the Corporate Governance and Nominating Committee of the Board of Directors.

• If a Purchaser Nominee is not re-elected and the Purchaser Representative still has the right to designate the Purchaser Nominee, then, subject to compliance with the Governance Principles, the Purchaser Representative shall be entitled to designate a replacement Purchaser Nominee, and the Board of Directors shall use its reasonable best efforts to elect such replacement Purchaser Nominee to the Board of Directors.

• If the Purchaser Nominee is removed for cause or is otherwise unwilling or unable to serve as a director of the Company for any reason, Purchaser shall notify the Company in writing of a replacement Purchaser Nominee and the Company shall cause such replacement Purchaser Nominee to be appointed provided that such replacement Purchaser Nominee is reasonably acceptable to the Company.

More Definitions of Purchaser Nominee

Purchaser Nominee means the person nominated in writing by the Purchaser to be appointed as a director of PacNet in place of one of the VCL Directors; US$ means the lawful currency of the United States of America;

Purchaser Nominee means (i) a direct or indirect wholly-owned subsidiary of Purchaser or (ii) any other Person that is an affiliate of Purchaser, provided that in the case of either (i) or (ii) such Person shall comply with and meet the requirements of Seller’s and GE Capital Aviation Services Limited’s know your customer checks and due diligence and shall otherwise be acceptable to and approved by Seller at its discretion.

Purchaser Nominee means any of them.

Purchaser Nominee has the meaning specified in Section 4.18(1)(b) hereof.

Purchaser Nominee means any wholly owned subsidiary of the Parent Purchaser or such other person that complies with the relevant Seller’s and GE Capital Aviation Services Limited’s know your customer checks and due diligence;

Purchaser Nominee has the meaning set forth in Section 2.2.

Purchaser Nominee has the meaning set forth in Clause 8.2;