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designate for election

    0.01 sec.
See: nominate


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In connection therewith, Blackstone will have the right to designate for election one member of the company's board of directors.
This would include the right to designate for election one less than a majority of the AST Board of Directors, approval over certain significant transactions and the right to purchase additional equity securities to maintain its ownership level.
 
 
 
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