Common use of Action by General Partner Clause in Contracts

Action by General Partner. Any action, approval or consent ------------------------- to be taken or given by the General Partner hereunder shall be valid only if taken or given by a member of the Board of Directors of the General Partner who is acting on behalf of a majority of the members of such Board of Directors.

Appears in 3 contracts

Samples: Internet Capital Group Inc, Internet Capital Group Inc, Internet Capital Group Inc

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Action by General Partner. Any action, approval or consent ------------------------- to be taken or given by the General Partner hereunder shall be valid only if taken or given by a member of the Board of Directors of the General Partner who is acting on behalf of a majority of the members of such Board of Directorsthe Board.

Appears in 2 contracts

Samples: www.sec.gov, Internet Capital Group Inc

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Action by General Partner. Any action, approval or ------------------------- consent ------------------------- to be taken or given by the General Partner hereunder shall be valid only if taken or given by a member of the Board of Directors an officer of the General Partner who is acting on behalf of a majority of the members of such Board of DirectorsPartner.

Appears in 1 contract

Samples: Internet Capital Group Inc

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