BOARD BUSINESS Clause Samples

The 'Board Business' clause defines the procedures and scope for conducting official business by a company's board of directors. It typically outlines how meetings are called, what matters can be discussed or decided, and the process for recording decisions, such as through meeting minutes or resolutions. By establishing clear rules for board operations, this clause ensures orderly governance and helps prevent disputes over board actions or decision-making authority.
BOARD BUSINESS. A. Blackberry Lane Subdivision, Phase 3 Plat Map B. Capital Hill, Phase 2 Plat Map
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BOARD BUSINESS. A. ▇▇▇▇▇▇▇▇▇ County Representative for O&C Board of Directors for 2020 B. Letter dated 11/20/19 re: MOU Implementation of Project for Improvements to Lighting, Security and Public Appearance in the City of Cave Junction Commercial Zones C. Matters from Commissioners
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BOARD BUSINESS the Vendors will procure that the following business ▇▇▇▇ be transacted at a meeting of the directors of the Company: (A) the directors of the Company shall approve th transfers of Shares pursuant to clause 2 for registration and the entry of the Purchaser (or its nominee(s)) in the register of members of the Company, in each case subject only to the transfers being subsequently presented duly stamped; (B) the directors of the Company shall approve the transfers of Loan Notes pursuant to clause 2 for registration and the entry of the Purchaser (or its nominee(s)) in the register of noteholders of the Company; (C) the directors of the Company shall approve the Termination Agreement, which shall be duly executed by the Company; (D) any person nominated by the Purchaser for appointment as a director or secretary of the Company shall be so appointed;
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BOARD BUSINESS. A. Chapel Hill Second Addition Hillcrest Memorial Park Plat Map B. Matters from Commissioners
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BOARD BUSINESS. A. Resolution No. 2021-034; In the Matter of an Appointment to the ▇▇▇▇▇▇▇▇▇ County Rural Planning Commission (RPC) B. Matters from Commissioners
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BOARD BUSINESS. The Advisory Board must meet, conduct its affairs, exercise its powers and carry out its duties in accordance with the regulations in Schedule 2.
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BOARD BUSINESS. A. Matters from Commissioners
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BOARD BUSINESS 
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Related to BOARD BUSINESS

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

  • Continued Business No supplier, customer, distributor or sales agent of the Company or any subsidiary has notified the Company or any subsidiary that it intends to discontinue or decrease the rate of business done with the Company or any subsidiary, except where such discontinuation or decrease has not resulted in and could not reasonably be expected to result in a Material Adverse Effect.

  • Restricted Business For all purposes under this Agreement, “Restricted Business” shall mean the design, development, marketing or sales of software, or any other process, system, product, or service marketed, sold or under development by the Company at the time Executive’s Employment with the Company ends.

  • Annual Business Plan (a) On or before November 15th of each year during the term of this Agreement, Manager shall prepare and submit to Owner for Owner's prior approval an annual business and leasing plan in accordance with the requirements of EXHIBIT D hereto (as such EXHIBIT D may be modified by Owner from time to time) (the "ANNUAL BUSINESS PLAN"). The Annual Business Plan shall be a comprehensive plan for the management, operation, leasing, repair, maintenance and promotion of the Property and for the other matters set forth on EXHIBIT D. Manager shall consult the Owner concerning the proposed Annual Business Plan and shall promptly incorporate therein such changes as Owner may direct. The Annual Business Plan, and all budgets contained therein, shall be in a form consistent with the Reporting Package. (b) Manager shall: (i) perform its duties hereunder in accordance with the Approved Annual Business Plan; and (ii) use all reasonable efforts to ensure that the actual costs of maintaining and operating the Property do not exceed the operating budget (the "OPERATING BUDGET") which is a part of the Approved Annual Business Plan either in total or in any one accounting category. All actual expenses must be charged to the proper account on a basis consistent with the Operating Budget classifications and Reporting Package. Except in case of emergencies which could reasonably pose a threat of injury to persons or property, in which event Manager shall inform Owner of such emergency within two (2) business days, no expense may be reclassified except as needed to correct an inadvertent error. Manager will secure Owner's prior approval for any expenditure that will result in a variance of the greater of $5,000 or 5% of the annual budgeted amount in any one accounting line item of the Operating Budget. In addition, Manager shall obtain Owner's prior approval for any expenditure in excess of $5,000, regardless of whether such expenditure is set forth in the Approved Annual Business Plan. (c) Owner shall have the right to require changes in the Approved Annual Business Plan from time to time; provided, however, that Owner shall provide Manager with at least fifteen (15) days' notice of such changes.