Common use of POWERS AND DUTIES OF DIRECTORS Clause in Contracts

POWERS AND DUTIES OF DIRECTORS. 85. The business of the Company shall be managed by the Directors who, without limiting the generality of the foregoing, may pay all expenses incurred in setting up and registering the Company and may exercise all such powers of the Company as are not required, by the Ordinance or by the Articles, to be exercised by the Company in general meeting subject, nevertheless, to such regulations as may be prescribed by the Company in general meeting being not inconsistent with any of the Articles or the provisions of the Ordinance; but no regulation made by the Company in general meeting shall invalidate any prior act of the Directors which would have been valid if that regulation had not been made. The general powers given by this Article shall not be limited or restricted by any special authority or power given to the Directors by any other Article. A meeting of the Directors at which a quorum is present may exercise all powers exercisable by the Directors.

POWERS AND DUTIES OF DIRECTORS. 85. 26.1 The business of the Company shall be managed by the Directors whoDirectors, without limiting the generality of the foregoing, who may pay all expenses incurred in setting up promoting and registering the Company and may exercise all such powers of the Company as are not requirednot, by the Ordinance Act or by the these Articles, required to be exercised by the Company in general meeting meeting, subject, nevertheless, to any clause of these Articles, to the provisions of the Act and to such regulations regulations, being not inconsistent with the aforesaid clauses or provisions, as may be prescribed by the Company in general meeting being not inconsistent with any of the Articles or the provisions of the Ordinance; but no regulation made by the Company in general meeting shall invalidate any prior act of the Directors which would have been valid if that regulation had not been made. The general powers given by this Article shall not be limited or restricted by any special authority or power given to the Directors by any other Article. A meeting of the Directors at which a quorum is present may exercise all powers exercisable by the Directors.

POWERS AND DUTIES OF DIRECTORS. 85104. (A) The business of the Company shall be managed by the Directors Board who, without limiting the generality of the foregoing, may pay all expenses incurred in setting up and registering the Company and may exercise all such powers of the Company as are not required, by the Ordinance Articles or by the ArticlesLaw, to be exercised by the Company in general meeting subject, nevertheless, to such regulations as may be prescribed by the Company in general meeting being not inconsistent with any of the Articles or the provisions of the OrdinanceLaw; but no regulation made by the Company in general meeting shall invalidate any prior act of the Directors Board which would have been valid if that regulation had not been made. The general powers given by this Article shall not be limited or restricted by any special authority or power given to the Directors Board by any other Article. A meeting of the Directors at which a quorum is present may exercise all powers exercisable by the Directors.