Examples of Shareholder Direction in a sentence
The appointment of one of the Corporation’s City Councillor directors to the Human Resources and Environment Committee is a requirement under the Shareholder Direction.
In establishing TCHC, the City approved a Shareholder Direction that set guiding principles, high-level objectives and expected accountability to the City.
Promptly following the amendment or termination of this Shareholder Direction, the City shall give written notice of the amendment or termination to the Board.
This Shareholder Direction may only be amended or terminated by a resolution adopted by the Council of the City as Shareholder of TCH as at the time such amendment or termination is to become effective.
In all cases such legislation will prevail over this Shareholder Direction and any other direction of the Shareholder where there is a conflict between these directions and such legislation.