the Directors definition
Examples of the Directors in a sentence
If the Funder terminates this Agreement because a person has exercised a security interest as contemplated by section 107 of the Act, the Funder would expect to enter into a service accountability agreement with the person exercising the security interest or the receiver or other agent acting on behalf of that person where the person has obtained the Director's approval under section 110 of the Act and has met all other relevant requirements of Applicable Law.
Taking into account the above factors, the Directors (including the independent non-executive Directors) are of the view that the IT Services Framework Agreement was negotiated on an arm’s length basis and entered into on normal commercial terms or better and were in the ordinary and usual course of business of the Company.
Save as disclosed herein, none of the Directors is considered to have any material interest in the IT Services Framework Agreement and is therefore required to abstain from voting at the Board meeting.
A vote of 75% of the Class B and C shareholders is required in order to: (a) incur a debt greater than US$ 500,000; (b) guarantee the debt of a third party or compromise properties of the company; (c) approve the payment to a partner, except for payments for the contributions of the Directors; and (d) increase the share capital.369 Votes are cast proportionally to the amount of each shareholder’s investment.370 213.
Where a number of appeals indicate a problem within a job field, the Directors shall refer such problems to the Administrative Committee for final determination.