Common use of Approval by the Board Clause in Contracts

Approval by the Board. Notwithstanding anything herein to the contrary, all Investments will require the prior approval of the Board, any particular Directors specified by the Board or any committee of the Board specified by the Board, as the case may be. If a transaction requires approval by the Independent Directors, the Advisor will deliver to the Independent Directors all documents and other information reasonably required by them to evaluate properly the proposed transaction.

Appears in 4 contracts

Samples: Advisory Agreement (American Realty Capital Global Trust, Inc.), Advisory Agreement (American Realty Capital Global Trust, Inc.), Advisory Agreement (American Realty Capital Global Daily Net Asset Value Trust, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!