Common use of Presumption of Assent Clause in Contracts

Presumption of Assent. A Director present at a meeting shall be presumed to have assented to action taken, unless the dissent of such Director is entered in the minutes of the meeting or unless such Director files a written dissent to such action with the other Directors before the adjournment thereof or forwards such dissent by mail to the other Directors immediately after the adjournment thereof. Such right to dissent shall not apply to a Director who voted in favor of an action.

Appears in 17 contracts

Samples: Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (Southwest Iowa Renewable Energy, LLC), Operating Agreement (East Fork Biodiesel, LLC)

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Presumption of Assent. A Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken, taken unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to from such action with the other Directors person acting as the chairman or secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by mail registered post to the other Directors such person immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director who voted in favor favour of an such action.

Appears in 10 contracts

Samples: Business Combination Agreement (Sports Ventures Acquisition Corp.), Merger Agreement (CF Acquisition Corp. V), Forward Purchase Agreement (Gateway Strategic Acquisition Co.)

Presumption of Assent. A Director of the Company who is present at a meeting of the Board of Directors at which action on any Company matter is taken shall be conclusively presumed to have assented to the action taken, taken unless the such Director’s dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files shall file a written dissent to such action with the other Directors person acting as the secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by registered mail to the other Directors secretary of the Company immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director who voted in favor of an such action.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Crestwood Equity Partners LP), Operating Agreement, Limited Liability Company Agreement (Inergy L P)

Presumption of Assent. A Director director who is present at a meeting of the Board of Directors at which action on any corporate matter is taken shall be presumed to have assented to such action taken, unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to such action with the other Directors person acting as secretary of the meeting before the adjournment thereof or forwards such shall forward any dissent by certified or registered mail to the other Directors Secretary immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director any director who voted in favor of an such action.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Chaparral Energy, Inc.), Merger Agreement (Chaparral Energy, Inc.), Merger Agreement (United Refining Energy Corp)

Presumption of Assent. A Director or alternate Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken, taken unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to from such action with the other Directors person acting as the chairman or secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by mail registered post to the other Directors such person immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favor favour of an such action.

Appears in 6 contracts

Samples: Business Combination Agreement (Magnum Opus Acquisition LTD), Business Combination Agreement (RMG Acquisition Corp. II), Share Purchase Agreement (Momo Inc.)

Presumption of Assent. A Director present at a meeting shall be presumed to have assented to action taken, unless the dissent of such Director is entered in the minutes of the meeting or unless such Director files a written dissent to such action with the other Directors before the adjournment adjourn­ment thereof or forwards such dissent by mail to the other Directors immediately after the adjournment thereof. Such right to dissent shall not apply to a Director who voted in favor of an action.

Appears in 4 contracts

Samples: Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Nedak Ethanol, LLC), Operating Agreement (Akron Riverview Corn Processors, LLC)

Presumption of Assent. A Director present at a meeting shall be presumed to have assented to action taken, unless the dissent of such Director is entered in the minutes of the meeting or unless such Director files a written dissent to such action with the other Directors before the adjournment thereof or forwards such dissent by mail to the other Directors immediately within 72 hours after the adjournment thereofthereof by filing such dissent with the Secretary of the Company. Such right to dissent shall not apply to a Director who voted in favor of an action.

Appears in 4 contracts

Samples: Operating Agreement (Homeland Energy Solutions LLC), Operating Agreement, Operating Agreement (Homeland Energy Solutions LLC)

Presumption of Assent. A Director or alternate Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken, taken unless the their dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a they shall file their written dissent to from such action with the other Directors person acting as the chairperson or secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by mail registered post to the other Directors such person immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favor favour of an such action.

Appears in 2 contracts

Samples: Merger Agreement (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD), Merger Agreement (Pacifico Acquisition Corp.)

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Presumption of Assent. A Director or Alternate Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken, taken unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to from such action with the other Directors person acting as the chairman or secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by mail registered post to the other Directors such person immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director or Alternate Director who voted in favor favour of an such action.

Appears in 2 contracts

Samples: Merger Agreement (CF Acquisition Corp. V), Business Combination Agreement (Queen's Gambit Growth Capital)

Presumption of Assent. A Director director who is present at a meeting of the Board of Directors at which action on any corporate matter is taken shall be presumed to have assented to the action taken, unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to such action with the other Directors person acting as secretary of the meeting before the adjournment thereof or forwards such dissent by mail to the other Directors immediately after the adjournment thereof. Such right to dissent shall not apply to a Director director who voted in favor of an such action.

Appears in 1 contract

Samples: Quarterly Report

Presumption of Assent. A Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken, taken unless the his dissent of such Director is shall be entered in the minutes of the meeting or unless such Director files a he shall file his written dissent to from such action with the other Directors Person acting as the chairman or secretary of the meeting before the adjournment thereof or forwards shall forward such dissent by mail registered post to the other Directors such Person immediately after the adjournment thereofof the meeting. Such right to dissent shall not apply to a Director who voted in favor favour of an such action.

Appears in 1 contract

Samples: Business Combination Agreement (TradeUP Global Corp)

Presumption of Assent. A Director who is present at a meeting shall of the Board of Directors at which action on any matter is taken will be conclusively presumed to have assented to the action taken, taken unless the such Director’s dissent of such Director is entered in the minutes of the meeting or unless such Director files a written dissent to such action with the other Directors individual acting as the secretary of the meeting before the adjournment thereof or forwards such dissent by mail in the manner provided in Section 11.4 to the other Directors secretary of the Company immediately after the adjournment thereofof the meeting. Such right to dissent shall will not apply to a Director who voted in favor of an such action.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inergy Holdings LLC)

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