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.
On or before the applicable Delivery Date in respect of each Aircraft, the Seller of such Aircraft shall deliver, or procure that the relevant Lessee delivers, to the Air Authority such documents as are necessary to instruct the Air Authority to record, to the extent permitted by law, the relevant Purchaser or any Purchaser Nominee which is the owner or lessor of such Aircraft as the new owner or lessor of such Aircraft in the aircraft register maintained by the Air Authority.
Each Purchaser Nominee must be eligible to serve on a NYSE-listed company board of directors under applicable Law, Commission rules, the New York Stock Exchange rules, and the nomination criteria policies of the Corporate Governance and Nominating Committee of the Board of Directors in effect as of the date of this Agreement.
The relevant Seller shall bear, and hold harmless the relevant Purchaser from, any duties or fees payable to the Air Authority in connection with the transfer of title to any Aircraft from such Seller to such Purchaser or any Purchaser Nominee which is the owner of such Aircraft.
Pursuant to the Securities Purchase Agreement, for so long as Cambiar owns shares of Common Stock constituting more than 4.9% (subject to certain terms and conditions set forth therein) and such Purchaser Nominee shall be nominated by the Board for re-election as a director at Until the one-year anniversary of the date of the Securities Purchase Agreement, Cambiar may not transfer any of the shares of Common Stock without prior written consent.