Common use of Powers of Directors Clause in Contracts

Powers of Directors. The business of the Company shall be managed by the Directors, who shall pay all expenses incurred in the formation and registration of the Company, and who may exercise all such powers of the Company as are not by the Ordinance or by these Articles required to be exercised by the Company in general meeting, subject to any provision in these Articles or the Ordinance and to such regulations, not being inconsistent with any such provision, as may be prescribed by the Company in general meeting; but no such regulation shall invalidate any prior act of the Directors which would have been valid if such 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.

Powers of Directors. The business of the Company shall be managed by the Directors, who shall pay all expenses incurred in the formation and registration of the Company, and who may exercise all such powers of the Company as are not by the Ordinance Companies Act or by these Articles required to be exercised by the Company in general meeting, subject nevertheless to any provision in regulations of these Articles or Articles, to the Ordinance Companies Act, and to such regulations, regulations being not being inconsistent with any such provision, the aforesaid regulations or provisions as may be prescribed by the Company in general meeting; , but no such regulation regulations made by the Company in general meeting shall invalidate any prior act of the Directors which would have been valid if such regulation regulations 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.

Powers of Directors. The Subject to the Shareholders Agreement, the business of the Company shall be managed by the Directors, who shall pay all expenses incurred in the formation and registration of the Company, and who may exercise all such powers of the Company as are not by the Ordinance Act or by these Articles required to be exercised by the Company in general meeting, subject to any provision in these Articles or the Ordinance Act and to such regulations, not being inconsistent with any such provision, as may be prescribed by the Company in general meeting; but no such regulation shall invalidate any prior act of the Directors which would have been valid if such 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.