Common use of Available Powers Clause in Contracts

Available Powers. Any committee established pursuant to Section 5.1 hereof, to the extent permitted by applicable law and by resolution of the Board, shall have and may exercise all of the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers that may require it.

Appears in 34 contracts

Samples: Settlement Agreement (GigCapital5, Inc.), Stockholder Support Agreement (Andretti Acquisition Corp.), Business Combination Agreement (Cetus Capital Acquisition Corp.)

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Available Powers. Any committee established pursuant to Section 5.1 hereof, to the extent permitted by applicable law and provided by resolution of the BoardBoard or in the Restated Articles or the Bylaws, shall have and may exercise all of the powers and authority of the Board in Board, subject to the management limitations of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers that may require itapplicable law.

Appears in 1 contract

Samples: Indemnification Agreement (Oryon Holdings, Inc.)

Available Powers. Any committee established pursuant to Section 5.1 hereof5.1, but only to the extent permitted by applicable law and by provided in the resolution of the BoardBoard establishing such committee or otherwise delegating specific power and authority to such committee and as limited by Law, this Agreement, the Certificate of Formation and the Stockholder Agreement, shall have and may exercise all of the powers and authority of the Board in the management of the business and affairs of the CorporationCompany, and may authorize the seal of the Corporation Company to be affixed to all papers that which may require it.

Appears in 1 contract

Samples: Operating Agreement (EVERTEC Finance Corp.)

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Available Powers. Any committee established pursuant to Section 5.1 hereof5.1, to the extent permitted by applicable law and by resolution of the Board, shall have and may exercise all of the powers and authority of the Board in the management of the business and affairs of the Corporation, and may authorize the seal of the Corporation to be affixed to all papers that may require it.

Appears in 1 contract

Samples: Subscription Agreement (Hennessy Capital Acquisition Corp. III)

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