Special power definition

Special power means a power, the permissible appointees of which do not include the donee, his or her estate, his or her creditors, or the creditors of his or her estate.

Special power means any investment or business opportunity or prospective economic or competitive advantage that (i) is presented to or becomes known to an officer of the Corporation who is not also an officer or director of AOL or ODC or any of their Subsidiaries or Affiliates (other than the Corporation), (ii) occurs or arises solely in the Territory and (iii) involves opportunities, activities or operations of a type or nature which the Corporation is then pursuing or conducting (i.e., accepting advertising from a local provider of products or services, or advertising directed solely in the Territory from an international provider of products or services as opposed to advertising by an international provider of products or services directed both within and outside of the Territory) as opposed to opportunities, activities or operations of a type which the Corporation is not then conducting (i.e., offering a new product, technology or service not then being offered by the Corporation).

Special power means a power exercisable only in favor of one or more persons not including the donee, the donee’s estate, the donee’s creditors or the creditors of the donee’s estate and, when exercisable in favor of a class, so limited in size by descrip- tion of the class that in the event of nonexercise of the power a court can make distribution to persons within the class if the donor has failed to provide for this contingency.

Examples of Special power in a sentence

• This Special power will remain in effect until the Concession Contracts have ended from all aspects, unless it is early revoked by the undersigned through a document signed and delivered to the attorneys-in-fact.

• The definition of a general power of appointment contained in 26 U.S.C. Section 2056(b)(5) of the Internal Revenue Code would meet the test of a general power under Iowa law.b. Special power of appointment.

• Special power of attorney issued by data subject on the name of relevant third party is required in order a third party to apply for and on behalf of data subject.

• The Special power of attorney shall be executed in three originals (one for the Company shareholder, one for the representative and one for the Company), by filling in the Special power of attorney form made available by the Company, in Romanian or English language.

• Special power requirements not found available shall be the full responsibility of the Contractor.

• For matter 1 on the agenda, which is subject to secret vote, there shall be used the Special power of attorney form dedicated to this matter and for matters 2, 3, 4 and 5 on the agenda, there shall be used the Special power of attorney form dedicated to these matters made available by the Company.

• The shareholders of Comvex registered at the Reference Date may be represented by designated representative based on a Special power of attorney.

• For the valid exercise of the voting right based on a Special power of attorney, the individual shareholders shall also submit a copy of the identity document (ID Card/Passport/Residence permit, or similar document issued by a competent authority in any jurisdiction).

• In this case, the Special power of attorney shall be updated and made available for the Company shareholders at the Company registered office or downloaded from the Company web site www.comvex.ro starting with January 11, 2024.

• The Special power of attorney forms for representing Comvex shareholders in the OGMS, which are available in Romanian and English language, may be obtained from the Company`s web site www.comvex.ro or at the Company`s registered office starting with December 20, 2023.

More Definitions of Special power

Special power means any power conferred under Part 4 or section 31, 35(4) or (5) or 48;

Special power means a power exercisable only in favor of one or more persons not including the donee, his estate, his creditors, or the cred- itors of his estate and, when exercisable in favor of a class, so limited in size by description of the class that in the event of non-exercise of the power distribution can be made under section 12 to persons within the class if the donor fails to provide for this contingency;