Sponsor Designee definition

Sponsor Designee has the meaning set forth in Section 2.2(a).

Sponsor Designee shall have the meaning assigned to such term in Section 5.2(b).

Sponsor Designee. Any Affiliate of the Sponsor.

Examples of Sponsor Designee in a sentence

• The parties to this Agreement shall enter into an Investor Rights Agreement, the content of which will include provisions relating to election of directors nominated by the Sponsor Designee and Seller.

• In the event that applicable Laws require Purchaser to appoint additional members to its board of directors in order to comply with applicable independence requirements, Sponsor Designee agrees to grant a proxy to Seller with respect to the vote of all Purchaser Ordinary Shares beneficially owned by it with respect to the appointment of any such independent director(s) or director nominee(s).

• The initial Sponsor Designee, if any, shall be determined by the Sponsor prior to the Closing through written notice to each party hereto.

• To the extent that a Sponsor Designee is removed from the Board pursuant to Section 2.2.2, such Sponsor Designee shall be deemed to have resigned from all committees upon which such Sponsor Designee is serving.

• If, prior to his or her election to the Board, any person is unable or unwilling to serve as a Sponsor Designee, then the applicable Board Designator shall, subject to Section 2.1.3, be entitled to designate a replacement.

More Definitions of Sponsor Designee

Sponsor Designee has the meaning set forth in the Stockholders Agreement.

Sponsor Designee means any person who is an officer, director, shareholder, member, manager, partner or employee of any of: (i) Xxxx Capital Partners, LLC (“BCP”) Xxxxxx X. Xxx Partners, L.P. (“THL”), or (ii) any investment fund or management company affiliated with either of those entities, or (iii) any Sponsor Entity (other than Sponsor Entities that are comprised solely of Clear Channel Entities or Outdoor Entities), or (iv) any successor to any of the foregoing entities.

Sponsor Designee means any member of the Board of Directors of the Company designated by a Sponsor (as such term is defined in the Amended and Restated Stockholders’ Agreement dated [ ], 2014 (the “Stockholders’ Agreement”)) as a member of the Board of Directors of the Company pursuant to the Stockholders’ Agreement.

Sponsor Designee has the meaning set forth in Section 3.1(d).

Sponsor Designee has the meaning assigned to such term in Section 2.2(c).

Sponsor Designee has the meaning specified in Section 9.01(b).

Sponsor Designee has the meaning set forth in Section 4.16(b).