Board Ratification. Prior to the Closing, the Company’s and its Subsidiaries’ boards of managers will formally ratify all prior issuances of equity.
Board Ratification. The bargaining team representing the Board of Trustees shall present the document to the Board for ratification.
Board Ratification. The Contract shall not be binding upon the DISTRICT unless ratified (approved) by the DISTRICT pursuant to Government Code 53262. Dated: July , 2014 XXXX XXXX XXXXX, Superintendent BOARD OF EDUCATION OF THE SACRAMENTO CITY UNIFIED SCHOOL DISTRICT
Board Ratification a. This Agreement sets forth the entire understanding and agreement of the parties, and neither this Agreement in its entirety, not any provision hereof, may be modified, altered, amended, or changed in any manner, except by written instrument duly executed by all the parties hereto.
Board Ratification. This Agreement shall not legally binding on the parties until it is ratified by the board of directors of the Purchaser and by the board of directors of the Company.
Board Ratification. The Trust’s Board of Trustees shall determine quarterly if such reimbursement payment is appropriate in light of the terms of this Agreement and consider ratification of such payment.
Board Ratification. Within one (1) day of the execution of this Term Sheet, the Board of Directors of Sonic shall at a special meeting called for that purpose or as otherwise provided under Sonic's By-Laws and Delaware corporation law (i) approve this Term Sheet and (ii) approve the board resolution attached hereto as Exhibit A. Turbotak, by the execution of this agreement, represents that its Board of Directors has authorized the execution of this agreement. Upon ratification, subject only to approval by the Bankruptcy Court, the Term Sheet shall be deemed effective as to Sonic. Evidence of the Board's ratification or disapproval, as the case may be, shall be given by Sonic in writing to Turbotak and Irwin Duncan, Esq. xx Xxite, Jenkins, Duncan & Ostnex, xxxxxxxx for Turbotxx, xmmxxxxxxxy xxxxx the Xxxxx's determination to ratify or disapprove this Term Sheet, whichever the case may be. In the event the Board does not ratify this Term Sheet within the time period provided, this Term Sheet shall be deemed terminated and non-effective.
Board Ratification. This Amendment and the execution and delivery thereof are subject to ratification by the Boards of Directors of each of Premier, Northern Illinois and GPF.
Board Ratification. If the Board of Directors of Borrower shall not ratify this Agreement by August 26, 1996, Borrower shall cause the Subsidiary to exercise its rights under Section 8.16 of the Bidder Loan Agreement and, as soon as it receives payment of its loan to Bidder, shall promptly repay the Loan in full under this Agreement. At that time this Agreement (including without limitation Section 2.01(d)) shall terminate.
Board Ratification. On or prior to the Closing, Intek's Board of Directors shall have ratified and reaffirmed the actions and determinations of the Special Committee of the Board of Directors of Intek referenced in this Agreement, including, without limitation, (i) the determination that the transaction contemplated by this Agreement and the Securicor Agreement is advisable and in the best interests of Intek and its stockholders, (iii) the approval of this Agreement and the Securicor Agreement and, subject to the fulfillment or waiver at or prior to the Closing Date of the conditions set forth in
