Common use of Authority of Board of Directors Clause in Contracts

Authority of Board of Directors. In connection with the management of the business and affairs of the Company, the Board of Directors may (except for the matters reserved for decision by the Shareholders as provided in Section 6.1(b)) or applicable law, have full power and authority to do all things and on such terms as it, the Board of Directors, in its sole discretion, may deem necessary or appropriate to conduct the business of the Company.

Appears in 1 contract

Samples: Participation Agreement (Advanced Drainage Systems, Inc.)

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Authority of Board of Directors. In (1) The Board of Directors will exercise authority with respect to all matters in connection with the Company. Without limiting the foregoing, the Board will be responsible for the management of the business Business and affairs of the Companywill determine overall policies, the Board of Directors may (except for the matters reserved for decision by the Shareholders as provided in Section 6.1(b)) or applicable lawobjectives, have full power procedures, methods and authority to do all things and on such terms as it, the Board of Directors, in its sole discretion, may deem necessary or appropriate to conduct the business actions of the Company.

Appears in 1 contract

Samples: Shareholders Agreement (Silver Bull Resources, Inc.)

Authority of Board of Directors. In The Board of Directors shall exercise authority with respect to all matters in connection with the management of the business and affairs of the Company, the Board of Directors may (except for the those matters reserved for decision by to the exclusive authority of a meeting of Shareholders as provided in Section 6.1(bunder clause 5.10(a)) or applicable law, have full power and authority to do all things and on such terms as it, the Board of Directors, in its sole discretion, may deem necessary or appropriate to conduct the business of the Company.

Appears in 1 contract

Samples: www.resourcecontracts.org

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Authority of Board of Directors. In connection with the management The Board of Directors shall have, and is hereby granted, full and complete power and authority to take such actions for and on behalf of the business Member and affairs of the Company, in its name as the Board of Directors may (except for shall deem necessary or appropriate to carry out the matters reserved for decision by business of the Shareholders Company. The Board of Directors shall exercise its management authority and duties through such officers, employees and other agents as provided in Section 6.1(b)) or applicable law, have full power and authority to do all things and on such terms as it, the Board of Directors, in its sole discretion, may deem necessary or appropriate subject to conduct the business prior approval of the Company.Member, shall designate from time to time. The initial Directors of the Company shall be:

Appears in 1 contract

Samples: Operating Agreement (Delta Mine Holding CO)

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