Pre-Closing Board Actions Clause Samples

Pre-Closing Board Actions. At or prior to the Closing, the Company and the Shareholders shall procure that a meeting of the board of directors of the Company is held or written resolutions of the board of directors of the Company are passed at which it is resolved that, effective as of the Closing, the transfers of the Shares under this Agreement (subject only to their being duly stamped) shall be approved for registration.