Common use of Limitation of Authority of the Board of Directors and Officers Clause in Contracts

Limitation of Authority of the Board of Directors and Officers. (a) Subject to Section 8.4(c), notwithstanding the general authority of the Board of Directors under Section 8.1 and the limited authority of the Officers under Section 8.3, the following matters shall require the prior written consent of all Directors and Members:

Appears in 2 contracts

Samples: Operating Agreement (Eglobe Inc), Operating Agreement (Eastern Airlines Inc)

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Limitation of Authority of the Board of Directors and Officers. (a) Subject to Section 8.4(c), notwithstanding Notwithstanding the general authority of the Board of Directors under Section 8.1 Sections 6.1 and the limited authority of the Officers under Section 8.36.2, the following matters shall will require the prior written consent Consent of all Directors and the Members:

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (International Assets Holding Corp)

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