Common use of Preapproval Clause in Contracts

Preapproval. Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction, other than the Transaction, must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Samples: Stockholders Agreement (Standard Pacific Corp /De/)

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Preapproval. Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction, other than the Transaction, Transaction must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Samples: Stockholders Agreement (Standard Pacific Corp /De/)

Preapproval. Except as expressly permitted hereunder, notwithstanding Notwithstanding anything to the contrary herein, any proposed Investor Transaction, other than the Transaction, Transaction must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Samples: Stockholders Agreement (Global Aviation Holdings Inc.)

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Preapproval. Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction, other than the TransactionTransactions, must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Samples: Stockholders Agreement (Standard Pacific Corp /De/)

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