Common use of Inability to Act Clause in Contracts

Inability to Act. In the case of absence or inability to act of any officer of the Corporation, the Board may from time to time delegate the powers or duties of such officer to any other officer, or any director or other person whom it may select.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement, Preferred Stock Purchase Agreement (Willis Lease Finance Corp)

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Inability to Act. In the case of the absence or inability to act of the President, a Vice- President or any other officer of the CorporationCo-operative or for any other reason that the board may deem sufficient, the Board board may from time to time delegate all or any of the powers or duties of such officer to any other officerofficer or to a director for the time being, or any director or other person whom it may selectprovided that a majority of the board concurs thereon.

Appears in 2 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement

Inability to Act. In the case of absence or inability to act of any officer of the CorporationCorporation and of any person herein authorized to act in his place, the Board of Directors may from time to time delegate the powers or duties of such officer to any other officer, or any director or other person whom it may select.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Provena Foods Inc)

Inability to Act. In the case of absence or inability to ---------------- act of any officer of the Corporationcorporation or of any person authorized by these bylaws to act in such officer's place, the Board of Directors may from time to time delegate the powers or duties of such officer to any other officer, or any director or other person whom it may select, for such period of time as the Board of Directors deems necessary.

Appears in 1 contract

Samples: License Agreement (Amgen Inc)

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Inability to Act. In the case of absence or inability to act of any officer of the Corporationcorporation or of any person authorized by these bylaws to act in such officer's place, the Board of Directors may from time to time delegate the powers or duties of such officer to any other officer, or any director or other person whom it may select, for such period of time as the Board of Directors deems necessary.

Appears in 1 contract

Samples: Escrow Agreement (Copper Mountain Networks Inc)

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