Authorization of The Plan Sample Clauses

Authorization of The Plan. This restatement of the Plan shall become effective upon the Effective Date, following the approval of a majority of the Board members voting thereon, and the affirmative vote of a majority of the Full Members or COMEX entitled to vote thereon at a meeting duly called and held for that purpose. ARTICLE 1 MEMBERSHIP 1 Section 100. CATEGORIES, NUMBER OF MEMBERSHIPS 1 Section 101. ELIGIBILITY CRITERIA AND PROCEDURES 1 Section 102. FINANCIAL STANDARDS 1 Section 103. DUES 2 Section 104. ASSESSMENTS 2 Section 105. FEES 2 Section 106. FAILURE TO PAY DUES, ASSESSMENTS AND FEES 6 Section 107. NOTICE OF DUES AND ASSESSMENTS 7 Section 108. EFFECT OF SUSPENSION OR EXPULSION OF MEMBERSHIP 7 Section 109. TRANSFER OF MEMBERSHIP 8 Section 110. DISCLOSURE OF INFORMATION 8 Sections 111-149. [RESERVED] 9 Sections 150-156. [RESERVED] 9 Section 157. COMEX DIVISION MEMBERSHIP RIGHTS AND PRIVILEGES 9 Section 158. ADDITIONAL COMEX DIVISION MEMBER RIGHTS 12 ARTICLE 2 MEETINGS OF MEMBERS 16 Section 200. TIME AND PLACE OF MEETINGS OF MEMBERS 16 Section 200A. MEETINGS OF NPCL MEMBERS 16 Section 201. ANNUAL MEETINGS OF COMEX DIVISION MEMBERS 16 Section 202. SPECIAL MEETINGS OF COMEX DIVISION MEMBERS 16 Section 203. NOTICE OF MEETING 17 Section 204. QUORUM OF MEMBERS 17 Section 205. VOTING 17 Section 206. PROXIES 19 Section 207. PETITION RIGHTS 19 ARTICLE 3 GOVERNMENT AND ADMINISTRATION 20 Section 300. COMPOSITION OF BOARD 20 Section 301. POWERS OF THE BOARD 20 Section 302. CHAIRMAN OF THE BOARD OF DIRECTORS 21 Section 303. VICE CHAIRMAN OF THE BOARD OF DIRECTORS 21 Sections 304-306. [RESERVED] 21 Section 307. RESIGNATION AND REMOVAL OF DIRECTORS 21 Section 308. FILLING OF VACANCIES 22 Section 309. MEETINGS OF THE BOARD 22 Section 310. QUORUM 23 Section 311. ACTION BY CONSENT 23 Section 312. TELEPHONE PARTICIPATION 23 Section 313. [RESERVED] 23 Section 314. RULES OF ORDER 23 Sections 315-349. [RESERVED] 24 Section 350. OFFICERS 24 Sections 351-359. [RESERVED] 24 Section 360. INDEMNIFICATION OF DIRECTORS, OFFICERS AND EMPLOYEES 24 ARTICLE 4 COMMITTEES 26 Section 400. COMMITTEE DESIGNATION 26 Section 401. EXECUTIVE COMMITTEE 26 Section 402. POWERS OF COMMITTEES 26 Section 403. COMPOSITION OF COMMITTEES 27 Section 404. TERM OF COMMITTEES 27 Section 405. REMOVAL, RESIGNATION AND VACANCIES 28 Section 406. MEETINGS OF COMMITTEES 28 Section 407. QUORUM; VOTE 29 Section 408. SUBCOMMITTEES AUTHORIZED 29 Section 409. ALTERNATES 29 Section 410. EFFECT ON ARTICLE 4A 29 ARTICLE 4A COMEX GOVERNORS C...
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Related to Authorization of The Plan

  • Authorization of the Shares The Shares have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued, fully paid and nonassessable, and the issuance and sale of the Shares is not subject to any preemptive rights, rights of first refusal or other similar rights to subscribe for or purchase the Shares.

  • Authorization of the Common Stock The Placement Shares, when issued and delivered, will be duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be duly authorized, validly issued, fully paid and nonassessable.

  • Authorization of the Common Shares The Common Shares to be purchased by the Underwriters from the Company have been duly authorized for issuance and sale pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement, will be validly issued, fully paid and nonassessable.

  • Authorization of the Notes The Notes to be purchased by the Underwriters from the Company are in the form contemplated by the Indenture, have been duly authorized for issuance and sale pursuant to this Agreement and the Indenture and, at the Closing Date, will have been duly executed by the Company and, when authenticated in the manner provided for in the Indenture and delivered against payment of the purchase price therefor, will constitute valid and binding obligations of the Company, enforceable in accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles, and will be entitled to the benefits of the Indenture.

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Authorization of Agreement, Etc The Borrower has the right and power, and has taken all necessary action to authorize it, to borrow and obtain other extensions of credit hereunder. The Borrower and each other Loan Party has the right and power, and has taken all necessary action to authorize it, to execute, deliver and perform each of the Loan Documents to which it is a party in accordance with their respective terms and to consummate the transactions contemplated hereby and thereby. The Loan Documents to which the Borrower or any other Loan Party is a party have been duly executed and delivered by the duly authorized officers of such Person and each is a legal, valid and binding obligation of such Person enforceable against such Person in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations (other than the payment of principal) contained herein or therein may be limited by equitable principles generally.

  • Authorization of Services a. The Contractor and its subcontractors shall have in place, and follow, written authorization policies and procedures. b. The Contractor shall have in effect mechanisms to ensure consistent application of review criteria for authorization decisions. c. The Contractor shall consult with the requesting provider for medical services when appropriate. d. Any decision to deny a service authorization request or to authorize a service in an amount, duration, or scope that is less than requested, shall be made by an individual who has appropriate expertise in addressing the beneficiary’s medical and behavioral health.

  • Authorization of appropriations For the acquisition of lands or interests in lands designated by section 410z of this title, as components of the Boston National Historical Park, there is authorized to be appropriated not to exceed $2,740,000. For development of the com- ponents designated as paragraphs 1 through 6 in section 410z of this title, there is authorized to be appropriated not more than $12,818,000. For the development of the component designated as paragraph 7 in section 410z of this title, there is authorized to be appropriated not more than $11,500,000. (Pub. L. 93–431, § 7, Oct. 1, 1974, 88 Stat. 1186.) SUBCHAPTER LVIII—VALLEY FORGE NATIONAL HISTORICAL PARK

  • Authorization of the Indenture The Indenture has been duly authorized by the Company and duly qualified under the 1939 Act and, when duly executed and delivered by the Company and the Trustee, will constitute a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency (including, without limitation, all laws relating to fraudulent transfers), reorganization, moratorium or similar laws affecting enforcement of creditors’ rights generally and except as enforcement thereof is subject to general principles of equity (regardless of whether enforcement is considered in a proceeding in equity or at law).

  • Authorization of the Placement Shares The Placement Shares, when issued and paid for as contemplated herein, will be validly issued, fully paid and nonassessable, will be issued in compliance with all applicable securities laws, and will be free of preemptive, registration or similar rights, and will conform to the description of the Common Stock contained in the Registration Statement and the Prospectus.

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