Common use of Material Developments Clause in Contracts

Material Developments. The Company shall as soon as reasonably practicable procure that all material actual and materially important developments as foreseen by the Company regarding the Group's affairs are communicated to the Directors at meetings of the Board (or through Board papers) or in writing to the Directors consistent with good corporate practice and the provisions of this Agreement.

Appears in 2 contracts

Samples: Shareholder Agreement (Powin Corp), Shareholder Agreement (Powin Corp)

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Material Developments. The Company shall as soon as reasonably practicable procure that all material actual and materially important developments as foreseen by the Company regarding the Group's affairs are communicated to the Directors at meetings of the Board (or through Board papers) or in writing to the Directors consistent with good corporate practice and the provisions of this AgreementDirectors.

Appears in 2 contracts

Samples: Subscription Agreement (Powin Corp), Shareholders' Agreement (Powin Corp)

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