Determination by Board of Directors. All determinations by the --------------------------------------- Board of Directors of the Company under the provisions of this Warrant will be made in good faith with due regard to the interest of the Holder and in accordance with sound financial practices.
Appears in 14 contracts
Samples: Penn Octane Corp, Penn Octane Corp, Penn Octane Corp
Determination by Board of Directors. All determinations by the --------------------------------------- Board of ----------------------------------- Directors of the Company under the provisions of this Warrant will be made in good faith with due regard to the interest of the Holder and in accordance with sound financial practices.
Appears in 9 contracts
Samples: Rollover and Assignment Agreement (Penn Octane Corp), Purchase Agreement (Penn Octane Corp), Penn Octane Corp
Determination by Board of Directors. All determinations by the --------------------------------------- ----------------------------------- Board of Directors of the Company under the provisions of this Warrant will be made in good faith with due regard to the interest of the Holder and in accordance with sound financial practices.
Appears in 8 contracts
Samples: Purchase Agreement (Penn Octane Corp), Purchase Agreement (Penn Octane Corp), Penn Octane Corp
Determination by Board of Directors. All determinations by the --------------------------------------- Board of Directors of the Company under the provisions of this Warrant will be made in good faith with due regard to the interest of the Holder and in accordance with sound financial practices.
Appears in 4 contracts
Samples: Penn Octane Corp, Collateral Agreement (Castle Energy Corp), Castle Energy Corp
Determination by Board of Directors. All determinations by the --------------------------------------- Board of Directors of the Company under the provisions of this Warrant will be made in good faith with due regard to the interest of the Holder registered holder of this Warrant and in accordance with sound financial practices.
Appears in 2 contracts
Samples: Loan Agreement (Penn Octane Corp), Loan Agreement (Penn Octane Corp)
