Requisite Directors means a majority of the Preferred Directors, provided that if the number of Preferred Directors then in office is two or less, then only the vote of one of the Preferred Directors shall be required.
Requisite Directors shall have the meaning given to that term in the Restated Certificate. “SEC” means the Securities and Exchange Commission.
Requisite Directors mean the majority of the Investor Directors (as such term is defined in the Stockholders’ Agreement).
Examples of Requisite Directors in a sentence
Such policy shall be reviewed and approved by the Requisite Directors.
The Company has obtained, as of the date of this Agreement, Directors and Officers liability insurance from a financially sound and reputable insurer with a limit of at least $5,000,000 and on such terms as determined by the Board, and will use commercially reasonable efforts to cause such insurance policies to be maintained until such time as the Requisite Directors determine that such insurance should be discontinued.
More Definitions of Requisite Directors
Requisite Directors means [***].
Requisite Directors means a majority of the Preferred Directors (as defined in the Restated Certificate).
Requisite Directors means a simple majority of the Board (voting as individuals) after excluding any Abstaining Directors, if any.
Requisite Directors means directors of the Company consisting of both a two-thirds majority of the Board of Directors of the Company and a majority of the Operator Directors.
Requisite Directors means each Preferred Director.
Requisite Directors means three out of four of the following groups (each, a "DIRECTOR GROUP"):
Requisite Directors means two out of three of the other Director Groups; PROVIDED, HOWEVER, if at any time more than one such group is an Excluded Holder, then the term "REQUISITE DIRECTORS" shall mean a simple majority of the Board (voting as individuals) after excluding any Abstaining Directors, if any.