Southern Board definition
Examples of Southern Board in a sentence
The conditions are for the sole benefit of Southern and shall not give rise to or create any duty on the part of Southern or the Southern Board of Directors to waive or not waive any such condition.
On or before the IPO Closing Date, Southern Energy shall terminate the Southern Energy Value Creation Plan and make a final conversion of awards in accordance with the Southern Energy Value Creation Plan's terms as determined by the Compensation Committee of the Southern Board of Directors.
Following extensive negotiations with a number of interested parties about a potential acquisition of the Company, the Canada Southern Board has determined that the Canadian Oil Sands offer is fair to all shareholders and unanimously recommends shareholders accept the offer.
Canada Southern’s financial advisor, CIBC World Markets Inc., has also provided an opinion to the Canada Southern Board that the consideration to be received under the Canadian Oil Sands offer is fair, from a financial point of view, to the shareholders of Canada Southern.
In addition, we are prepared to offer significant representation of Conrail directors on the Norfolk Southern Board, to consider locating the corporate headquarters of the combined company in Philadelphia and to discuss an appropriate position for your Chairman following a transaction with us.
Canada Offer The Canada Southern Board maintains its unanimous recommendation that shareholders should reject the Petro-Canada offer and not tender their shares to that offer.