Common use of Decisions of Directors Clause in Contracts

Decisions of Directors. In order to be effective, a decision of the Board must be approved either by a resolution passed by the affirmative vote of a majority of the directors present and entitled to vote thereon at a meeting of directors duly called and at which a quorum of directors are present, or by an instrument signed by all the directors.

Decisions of Directors. In order to be effective, a decision of the Board directors must be approved either by a resolution passed by the affirmative vote of a majority of the directors present and entitled to vote thereon at a meeting of directors duly called and at which a quorum of directors are present, present or by an instrument signed by all the directors.

Decisions of Directors. In order Subject to Section 3.9, to be valid and effective, a decision of the Board of Directors must be approved either by a resolution passed by the affirmative vote of a not less than the majority of the directors present and entitled to vote thereon voting on the matter at a duly constituted meeting of directors duly called and at which a quorum the Board of directors are present, Directors or by an instrument a resolution signed by all the directors.

Decisions of Directors. In order to be effective, a decision of the Board must be approved either by a resolution passed by the affirmative vote of a simple majority of the directors Directors present and entitled to vote thereon at a meeting of directors Directors duly called and at which a quorum of directors are present, is present or by an instrument signed by all the directorsDirectors.