Specified Directors and Officers definition

Specified Directors and Officers means any person who is a director of any of the Debtors on the Effective Date and any person who was an officer of any of the Debtors immediately prior to the closing of the Sale Transaction, each in their capacity as a director or officer of the Debtors, as applicable.
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Specified Directors and Officers means certain specified current and former directors and officers of the Debtors and Reorganized Debtors that fall within the meaning of Released Party, which Specified Directors and Officers shall be (x) identified as part of the Plan Supplement and (y) acceptable to the Requisite Backstop Parties.
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Examples of Specified Directors and Officers in a sentence

  • The Debtors believe they may be able to receive significant recoveries against available D&O Policies on account of Preserved Causes of Action against the Specified Directors and Officers.

  • Economic Considerations 10.01 Give the international/CIF/FOB Price of all inputs which can be imported.

  • For the avoidance of doubt, to the extent an individual is identified on the Schedule of Specified Directors and Officers, such individual is a Released Party as such term is defined in the Plan and used herein.because the costs involved would likely outweigh any potential benefit from pursuing such claims.

Related to Specified Directors and Officers

  • Directors means the directors for the time being of the Company.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • Qualified Director means a person who, at the time action is to be taken under:

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement.

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Named Executive Officers or “NEOs” means the following individuals:

  • Executive Officers means the Company's “executive officers” as defined in 12 C.F.R. § 215.2(e)(1) (regardless of whether or not such regulation is applicable to the Company).

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Director or officer means any of the following:

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Company Board of Directors means the board of directors of the Company.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.