Common use of Decision to Dissolve Clause in Contracts

Decision to Dissolve. A decision to dissolve the Land Bank and to distribute the Land Bank's assets in a particular manner in accordance with this Agreement shall require a concurring vote of at least two-thirds (2/3) of all voting members of the Board of Trustees, appointed and serving, and provided that written notice of such meeting has included a full description of the plan of dissolution.

Appears in 4 contracts

Samples: Intergovernmental Agreement and by , Intergovernmental Agreement and by , Intergovernmental Agreement and by

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.