Sponsor Director definition

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

Sponsor Director has the meaning set forth in Section 2.1(a).

Sponsor Director means any Director designated as a Sponsor Director by the Sponsor by notice in writing to the Company.

Examples of Sponsor Director in a sentence

• The Company shall pay the reasonable, documented out-of-pocket expenses incurred by the Sponsor Director in connection with his or her services provided to or on behalf of the Company, including attending meetings or events attended explicitly on behalf of the Company at the Company’s request.

• An Advisor, Sponsor, Director or Affiliate thereof may purchase or lease Assets from the Corporation if a majority of Directors (including a majority of Independent Directors) not otherwise interested in the transaction determine that the transaction is fair and reasonable to the Corporation.

• Such Sponsor Director shall have the right to attend (in person or remotely) any meetings of the board of directors (or similar governing body or committee thereof) of each subsidiary of the Company.

• An Advisor, Sponsor, Director or Affiliate thereof may purchase or lease Assets from the Company only if a majority of Directors (including a majority of Independent Directors) not otherwise interested in the transaction determine that the transaction is fair and reasonable to the Company.

• An Advisor, Sponsor, Director or Affiliate thereof may purchase or lease Assets from the Company if a majority of Directors (including a majority of Independent Directors) not otherwise interested in the transaction determine that the transaction is fair and reasonable to the Company.

More Definitions of Sponsor Director

Sponsor Director means an individual elected to the Board that has been nominated pursuant to Section 5.1.

Sponsor Director has the meaning specified in Section 7.2(a).

Sponsor Director has the meaning set forth in Section 3.1(a).

Sponsor Director has the meaning set forth in Section 5.6.

Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement. “Subsequent Shelf Registration” shall have the meaning given in subsection 2.3.2.

Sponsor Director has the meaning set forth in Section 5.2(b)(i).

Sponsor Director means any director designated for nomination by TPG or WLRS.