Approval or Ratification of Acts or Contracts by Members. Any Director in his discretion may submit any act or contract for approval or ratification at any meeting of the Board, and any act or contract that shall be approved or be ratified by the Board shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.
Appears in 4 contracts
Samples: Operating Agreement (Officemax Inc), Operating Agreement (Officemax Inc), Operating Agreement (Boise Cascade Holdings, L.L.C.)
Approval or Ratification of Acts or Contracts by Members. Any Director in his its discretion may submit any act or contract for approval or ratification at any meeting of the Board, and any act or contract that shall be approved or be ratified by the Board shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.
Appears in 3 contracts
Samples: Operating Agreement (Boise Cascade Holdings, L.L.C.), Operating Agreement (Boise Cascade Holdings, L.L.C.), Operating Agreement (Officemax Inc)
Approval or Ratification of Acts or Contracts by Members. Any Director Manager in his its discretion may submit any act or contract for approval or ratification at any meeting of the Board, and any act or contract that shall be approved or be ratified by the Board shall be as valid and as binding upon the Company LLC and upon all the Members as if it shall have been approved or ratified by every Member of the CompanyLLC.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Prestige Brands International, Inc.), Limited Liability Company Agreement (Prestige Brands International, Inc.)
Approval or Ratification of Acts or Contracts by Members. Any Director Member in his its discretion may submit any act or contract for approval or ratification at any meeting of the Board, and any act or contract that shall be approved or be ratified by the Board shall be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (DelStaff, LLC), Limited Liability Company Agreement (DelStaff, LLC)
Approval or Ratification of Acts or Contracts by Members. Any Director The Board in his its discretion may submit any act or contract for approval or ratification at any meeting of the BoardMembers called for the purpose of considering any such act or contract, and any act or contract that shall be approved or be ratified by a Required Interest shall, subject to the Board shall limitations set forth in Section 7.2.1, be as valid and as binding upon the Company and upon all the Members as if it shall have been approved or ratified by every Member of the Company.
Appears in 1 contract
