Common use of Authorized Number of Directors Clause in Contracts

Authorized Number of Directors. The authorized number of Directors shall be the number of Directors remaining after eliminating those who have ceased to be Directors pursuant to Section 10.02, or the minimum number required by applicable law, whichever number is greater.

Appears in 3 contracts

Samples: Merger Agreement (Duke Energy CORP), Merger Agreement (Cinergy Corp), Merger Agreement (Duke Energy Corp)

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Authorized Number of Directors. The authorized number of Directors directors shall be the number of Directors directors remaining after eliminating those who have ceased to be Directors directors pursuant to Section 10.022, or the minimum number required by applicable law, whichever number is greater.

Appears in 1 contract

Samples: Credit Agreement (American States Water Co)

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Authorized Number of Directors. The authorized number of Directors directors shall be the number of Directors directors remaining after eliminating those who have ceased to be Directors directors pursuant to Section 10.028.02, or the minimum number required by applicable law, whichever number is greater.

Appears in 1 contract

Samples: Agreement of Merger (Entertainment Media Acquisition Corp)

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