Common use of IA American Board of Directors Approval Clause in Contracts

IA American Board of Directors Approval. IA American shall have obtained all necessary internal corporate approvals including, without limitation, approval by IA American’s Board of Directors, to enter into and consummate this Agreement, the Rehabilitation Agreement, the Assumption Endorsement, the Service Agreement and all related agreements concerning the transactions contemplated by these agreements.

IA American Board of Directors Approval. IA American shall have obtained all necessary internal corporate approvals including, without limitation, approval by IA American’s Board of Directors, to enter into and consummate this Agreement, the Rehabilitation Assumption Reinsurance Agreement, the Assumption Endorsement, the Service Agreement and all related agreements concerning the transactions contemplated by these agreements.