Visitation Rights definition

Visitation Rights. The Lender will be entitled to board visitation rights as are mutually agreed upon.
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Visitation Rights for the purposes of this Section 14(b), shall mean the right for one person to attend any meeting for the Board as a non-voting observer and to comment upon matters discussed at such meetings, subject to the discretion of the Chairman of the Board (or in the absence of the Chairman, the acting Chairman). Notwithstanding the foregoing, at the discretion of a majority of the Board, any meeting or any part of any meeting of the Board may be declared to be an executive session, at which only directors (and at the
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Examples of Visitation Rights in a sentence

  • The Superintendent shall develop administrative procedures implementing this policy consistent with the School Visitation Rights Act.

  • At any time an Event of Default has occurred and is then continuing, the Agent and Lenders shall have Visitation Rights and shall not be limited in the number of times they may exercise Visitation Rights.

  • In addition, the Borrower agrees to reimburse and pay all reasonable out-of-pocket expenses of the Agent's regular employees and agents engaged periodically to perform audits of the Borrower's books, records and business properties, subject in all cases to the limitation set forth in Section 8.1.6 [Visitation Rights].

  • Any of the Loan Parties shall default in the observance or performance of any covenant contained in Section 7.1.5 [Visitation Rights], Section 7.2 [Negative Covenants] or 7.

  • In addition, the Borrower agrees to reimburse and pay all reasonable out-of-pocket expenses of the Agent's regular employees and agents engaged periodically to perform audits of the Loan Parties' books, records and business properties, subject in all cases to the limitation set forth in Section 8.1.6 [Visitation Rights].

  • The Director shall develop an administrative procedure implementing this policy consistent with the School Visitation Rights Act.

  • From and after the Closing and as long as LHT shall own at least ten percent (10%) of the issued and outstanding Shares of Newco, LHT shall have the right to designate one person (the "Designated Representative") to attend each and every meeting of the boards of directors of Parent and the Company (the "HEICO Boards"), and each and every meeting of any committee of such HEICO Boards (the "HEICO Committees") either in person or by telephone (the "Visitation Rights").

  • Pursuant to the School Visitation Rights Act, eligible employees are entitled to leave up to a total of eight (8) hours during any school year, no more than four (4) hours of which may be taken on any given day, to attend conferences or classroom activities related to the employee’s child, if the conference or activity cannot be scheduled during non-work hours.

  • Documented absence under the Illinois School Visitation Rights Act.

  • Visitation Rights - Duly authorized representatives of the Union, other than employees, shall be permitted to transact official Union business on facility property at all reasonable times after having signed in with the AAC Manager and stated reason for visit, provided that the normal and ordinary operation of the facility is not interrupted.