Common use of POWERS AND DUTIES OF DIRECTORS Clause in Contracts

POWERS AND DUTIES OF DIRECTORS. Subject to the Act and the provisions hereof, the directors shall manage or supervise the Corporation’s Business in accordance with this Agreement, the Project Agreement and the Master Limited Partnership Agreement. The powers and duties of the directors shall be exercised by the directors themselves, and not by a committee of directors and/or a managing director.

Appears in 10 contracts

Samples: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement, Unanimous Shareholder Agreement

AutoNDA by SimpleDocs

POWERS AND DUTIES OF DIRECTORS. Subject to the Act and the provisions hereof, the directors Directors shall manage or supervise the Corporation’s Business in accordance with this Agreement, the Project Agreement business and the Master Limited Partnership Agreement. The powers and duties affairs of the directors shall Corporation, except as such authority may be exercised delegated by the directors themselves, and not by a committee of directors and/or a managing directorDirectors from time to time.

Appears in 2 contracts

Samples: Shareholders Agreement Amending Agreement (Neurochem Inc), Shareholders Agreement (Neurochem Inc)

POWERS AND DUTIES OF DIRECTORS. Subject to the Act and the provisions hereof, the directors Directors shall manage or supervise the Corporation’s Company's Business in accordance with this Agreement, the Project Agreement and the Master Limited Partnership Agreement. The powers and duties of the directors shall except as such authority may be exercised delegated by the directors themselves, and not by a committee of directors and/or a managing directorDirectors from time to time.

Appears in 1 contract

Samples: Stockholders' Agreement (Rowecom Inc)

POWERS AND DUTIES OF DIRECTORS. Subject to the Act and the provisions hereof, the directors Directors shall manage or supervise the Corporation’s Business and affairs of the Company except as such authority may be delegated by the Directors from time to time in accordance with this Agreement, the Project Agreement and the Master Limited Partnership Agreement. The powers and duties of the directors shall be exercised by the directors themselves, and not by a committee of directors and/or a managing directorArticles.

Appears in 1 contract

Samples: Shareholders Agreement (Global Gold Corp)

AutoNDA by SimpleDocs

POWERS AND DUTIES OF DIRECTORS. Subject to the Act and the provisions hereof, the directors Directors shall manage or supervise the Corporation’s 's Business except as such authority may be delegated by the Directors from time to time, and in exercising such authority the Directors and their delegates shall conduct the Corporation's Business or cause it to be conducted in all material respects in accordance with this Agreement, the Project Agreement and Business Plan (as such plan may be amended from time to time) unless the Master Limited Partnership Agreement. The powers and duties of the directors parties hereto shall be exercised by the directors themselves, and not by a committee of directors and/or a managing directorotherwise agree in writing.

Appears in 1 contract

Samples: Unanimous Shareholders' Agreement (B Twelve Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.