Special Director definition

Special Director means a person (who need not necessarily be resident in The Bahamas) of good reputation who also possesses at least five years’ experience in a discipline relevant to the administration of trusts which, in this context, shall include one or more of law, finance, commerce, investment management or accountancy.

Special Director means a Director appointed pursuant to clause 5.2.1;

Special Director means a Member who, at any time on or after 17th March 1987 and in the last 10 years before terminating Pensionable Service, death or retirement has, in relation to the Employer, been both within the definition of a director in Section 612(1) of the 1988 Act and within paragraph (b) of Section 417(5) of the 1988 Act.

Examples of Special Director in a sentence

• Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, one or more of its Affiliates, or with Special Director Approval, one or more nominees, as the General Partner may determine.

• Failure to seek Special Director Approval or Special LP Approval shall not be deemed to indicate that a conflict of interest exists or that Special Director Approval or Special LP Approval could not have been obtained.

• The General Partner shall be authorized but not required in connection with its resolution of such conflict of interest to seek Special Director Approval or Special LP Approval of such resolution, and the General Partner may also adopt a resolution or course of action that has not received Special Director Approval or Special LP Approval.

• The Special Director, Secondary Education, Government of Bihar, New Secretariat (Bikas Bhawan), Patna.

• The Union will notify the site Human Resource office and the Corporate Labor Department in writing of those members who are serving in one of the four (4) Special Director positions.

More Definitions of Special Director

Special Director means a director elected to the Board of Directors of the Company (the "Board") by the holders of the Company Preferred Securities pursuant to Section 10.02(i) of the LLC Agreement upon the occurrence of a Company Enforcement Event.

Special Director means, with respect to the Company, a director (A) who has significant industry experience or expertise and (B) who is not, (1) a current employee of Dynegy Inc. or any of its Affiliates, (2) a person who has a material relationship with Dynegy Inc. or (3) a member of the immediate family of any person described in clause (1) or (2) above; provided that the beneficial ownership of a de minimis quantity of common stock of Dynegy Inc. shall not preclude such person from being an Special Director.

Special Director shall have the meaning set forth in Section 5.08 of the Agreement.

Special Director means a Director of Public Prosecutions appointed under section 13 (1) (c);

Special Director means the Director appointed by the Special Member pursuant to paragraph 17.2 of Article 17;

Special Director has the meaning set forth in the definition of Special Member.

Special Director has the meaning given in Section 9.1.1.