Common use of Presumption of Assent Clause in Contracts

Presumption of Assent. A Director who is present at a meeting of the Board at which action on any Company matter is taken shall be presumed to have assented to the action taken unless his dissent shall be entered in the Minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 5 contracts

Samples: Shares Purchase Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp), Series a Preferred Shares Subscription and Put Option Agreement (MIE Holdings Corp)

AutoNDA by SimpleDocs

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

Appears in 4 contracts

Samples: Triangular Merger Agreement (Ars Networks Inc), Triangular Merger Agreement (Ars Networks Inc), Stock Purchase Agreement (Globecomm Systems Inc)

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

Appears in 4 contracts

Samples: Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD)

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

Appears in 2 contracts

Samples: Merger Agreement (Aimfinity Investment Corp. I), Merger Agreement (Magnum Opus Acquisition LTD)

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

Appears in 2 contracts

Samples: Business Combination Agreement (Chenghe Acquisition I Co.), Business Combination Agreement (Chenghe Acquisition Co.)

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

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Woodland Cryogenics Co), Limited Liability Company Agreement (Wire Harness Industries Inc)

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

Appears in 2 contracts

Samples: Employment Agreement (Coyote Sports Inc), Employment Agreement (Coyote Sports Inc)

Presumption of Assent. A Director of the Company who is present at a meeting 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 unless his dissent shall be entered in the Minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour favor of such action.

Appears in 2 contracts

Samples: Series a Preferred Share Purchase Agreement (Trina Solar LTD), Series a Preferred Share Purchase Agreement (Trina Solar LTD)

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 presumed to have assented to the action taken unless his dissent shall be entered in the Minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 2 contracts

Samples: Merger Agreement (Pacifico Acquisition Corp.), Share Purchase Agreement (China Mobile Games & Entertainment Group LTD)

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

Appears in 1 contract

Samples: Share Exchange Agreement (CHINA NEW BORUN Corp)

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 presumed to have assented to the action taken unless his dissent shall be entered in the Minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such actionsuchaction.

Appears in 1 contract

Samples: Plan of Merger

Presumption of Assent. 116 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 unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person individual acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail post to such person individual immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Grab Holdings LTD)

Presumption of Assent. 115 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 unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (SC Health Corp)

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

Appears in 1 contract

Samples: Business Combination Agreement (Jaguar Global Growth Corp I)

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

Appears in 1 contract

Samples: Merger Agreement (Medicis Pharmaceutical Corp)

Presumption of Assent. A 27.1 Director who is present at a meeting of the Board board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meetingthereof. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Shareholders’ Agreement

Presumption of Assent. A Director director of the corporation who is present at a meeting of the Board board of directors at which action on any Company corporate matter is taken shall be conclusively presumed to have assented to the action taken unless his his/her dissent shall be entered in the Minutes minutes of the meeting or unless he he/she shall file his a written dissent from to such action with the person acting as the Secretary secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person the secretary of the corporation immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director director who voted in favour favor of such action.

Appears in 1 contract

Samples: Merger Agreement (Capital City Energy Group, Inc.)

Presumption of Assent. 22.1 A Director who is present at a meeting of the Board board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meetingthereof. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Merger Agreement (Metal Sky Star Acquisition Corp)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Merger Agreement (Medical Industries of America Inc)

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 unless his the Director's dissent shall be entered in the Minutes minutes of the meeting or unless he the Director shall file his their written dissent from such action with the person acting as the Secretary secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Presumption of Assent. 119 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 presumed to have assented to the action taken unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Share Purchase Agreement (China Mobile Games & Entertainment Group LTD)

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

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Intracel Corp)

Presumption of Assent. A Director who is present at a meeting of the Board of Directors or of a committee of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken unless his the Director's dissent shall be entered in the Minutes minutes of the meeting or unless he the Director shall file his their written dissent from such action with the person acting as the Secretary chairperson or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Presumption of Assent. A Director director of the corporation who is present at a meeting of the Board board of directors at which action on any Company corporate matter is taken shall be presumed to have assented to the action taken unless his or her dissent shall be entered in the Minutes minutes of the meeting or unless he or she shall file his or her written dissent from to such action with the person acting as the Secretary secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person the secretary of the corporation immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director director who voted in favour favor of such action.

Appears in 1 contract

Samples: Merger Agreement (New Frontier Media Inc)

Presumption of Assent. 104 A Director of the Company who is present at a meeting of the Board board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action taken unless his dissent shall be entered in the Minutes minutes of the meeting or unless he shall file his written dissent from such action with the person acting as the Secretary chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Share Subscription Agreement (Qihoo 360 Technology Co LTD)

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

Appears in 1 contract

Samples: Fourth Amended and Restated Memorandum and Articles of Association (Agora, Inc.)

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

Appears in 1 contract

Samples: Merger Agreement (COVA Acquisition Corp.)

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 unless his the Director’s dissent shall be entered in the Minutes minutes of the meeting or unless he the Director shall file his their written dissent from such action with the person acting as the Secretary secretary of the meeting before the adjournment thereof or shall forward such dissent by registered mail to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Namib Minerals)

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

Appears in 1 contract

Samples: Business Combination Agreement (Chenghe Acquisition II Co.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!