Relevant Board definition
Examples of Relevant Board in a sentence
To initiate the Reconciliation Procedure, the Initiating Directors must notify the Company and each of the other Directors present at the Relevant Board Meeting no later than the commencement of the Relevant Board Meeting (the “Initiation Notification”).
The outcome of such reviews shall be considered by the Relevant Board and the implementation of any resulting proposals shall be subject to the agreement of the Relevant Board, but a Network Review shall not be subject to the Change Procedure.
No business shall be discussed at a meeting of the Relevant Board, without the consent of the Nominee Directors unless it has been adequately included in the agenda that accompanied the notice of meeting.
Relevant Board Resolution authorizing the person(s) to execute the document on behalf of the Beneficiary has to be submitted with the Agreement.
For the avoidance of doubt the Chairman of the Relevant Board shall not have a casting vote in addition to his deliberative vote.