Special Committee definition
Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.
Special Committee means a committee of the Board of Managers of the Company comprised of two members that each meet the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates.
Special Committee has the meaning set forth in the Recitals.
Examples of Special Committee in a sentence
The Special Committee shall not take any of the actions referred to in clauses (i) or (ii) of Section 5.04(b) unless the Company shall have delivered to Parent a prior written notice advising Parent that the Company intends to take such action.
The Company has received the opinion of the Special Committee Independent Valuation Consultant dated December 23, 2025 (the “Fairness Opinion”) (and has provided a copy of such opinion to Parent).
More Definitions of Special Committee
Special Committee means a committee of the Company Board consisting of members of the Company Board that are not affiliated with Parent or Merger Sub and are not members of the management of the Company.
Special Committee means the special committee of the Board of Directors;
Special Committee means a special committee of independent, disinterested directors of the Target that has been established to be responsible for, among other matters, evaluating the Transaction and negotiating the terms of the Transaction with the Consortium.
Special Committee has the meaning set forth in the recitals to this Agreement.
Special Committee means the special committee of independent members of the Board formed in connection with the proposal to effect the transactions contemplated by this Agreement.
Special Committee means a committee appointed by council at any time to deal with a specific issue(s) and exist for a length of time required to review the issue(s) and make recommendations to council.
Special Committee shall have the meaning set forth in the recitals.