Common use of Presumption of Assent Clause in Contracts

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 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 chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 7 contracts

Samples: Business Combination Agreement (TradeUP Global Corp), Business Combination Agreement (Magnum Opus Acquisition LTD), Business Combination Agreement (RMG Acquisition Corp. II)

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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 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 chairman or co-chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.. 33 Directors’ Interests

Appears in 5 contracts

Samples: Forward Purchase Agreement, Forward Purchase Agreement (CF Corp), Forward Purchase Agreement (CF Corp)

Presumption of Assent. A Director or alternate 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 presumed, to. have assented to the action taken unless his his/her dissent shall be entered in into the minutes of the meeting or unless he he/she shall file his written dissent from to such action with the person acting as the chairman or secretary Secretary of the meeting before the adjournment thereof thereof, or shall forward such dissent by registered post 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 or alternate Director director who voted in favour favor of such action.

Appears in 3 contracts

Samples: Stemcell Global Research Inc, Stemcell Global Research Inc, Stemcell Global Research Inc

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

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD), Agreement and Plan of Merger (Pacifico Acquisition 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 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 chairman or co-chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 2 contracts

Samples: Business Combination Agreement (Netfin Acquisition Corp.), Investment Agreement (FGL Holdings)

Presumption of Assent. A Director or alternate 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 or her dissent shall be entered in the minutes of the meeting or meeting, unless he or she shall file his or her or her written dissent from to such action with the person acting as the chairman or secretary of the meeting before the adjournment thereof thereof, or shall forward such dissent by registered post or certified 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 or alternate Director director who voted in favour favor of such action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Coal Corp), Ex 2 Agreement and Plan of Merger (W-J International LTD)

Presumption of Assent. A Director or alternate 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 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 chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Alternate Director who voted in favour of such action.

Appears in 2 contracts

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

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 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 chairman or as a co-chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (StoneBridge Acquisition 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 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 Person acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person Person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (TradeUP Global 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 unless his or her dissent shall be entered in the 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 chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Queen's Gambit Growth Capital)

Presumption of Assent. A Director or alternate 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 conclusively presumed to have assented to the action taken unless his such Director's dissent shall be entered in the minutes of the meeting or unless he such Director shall file his a written dissent from to such action with the person acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post 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 or alternate Director who voted in favour favor of such action.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inergy L P)

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Presumption of Assent. A Director or alternate Director director of the corporation who is present at a meeting of the board of Directors directors or any committee thereof at which action on any Company corporate matter is taken shall be presumed deemed to have assented to the action taken unless his or her dissent shall be entered in the 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 chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post 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 or alternate Director director who voted in favour favor of such action.

Appears in 1 contract

Samples: Voting Agreement (Nl Industries Inc)

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

Appears in 1 contract

Samples: Investment Agreement (Vertical Aerospace Ltd.)

Presumption of Assent. A Director or alternate Director of the Company who is present at a meeting of the board of Directors Board 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 or abstention from such action with the person acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent or abstention by registered post to such person immediately after the adjournment of the meeting. Such right to dissent or abstain shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement and Plan of Reorganization (First Reserve Sustainable Growth Corp.)

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

Appears in 1 contract

Samples: Business Combination Agreement (Namib Minerals)

Presumption of Assent. 36.1 A Director or alternate Director who is present at a meeting of the board of Directors Board at which 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 of the meeting or unless he or she shall file his or her written dissent from such action with the person acting as the chairman chairperson or secretary Secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a Director or alternate Director who voted in favour of such action.

Appears in 1 contract

Samples: Business Combination Agreement (Ajax I)

Presumption of Assent. A Director or alternate Director who is present at a meeting of the board Board of Directors at which action on any Company matter is taken shall will be conclusively presumed to have assented to the action taken unless his such Director’s dissent shall be is entered in the minutes of the meeting or unless he shall file his such Director files a written dissent from to such action with the person individual acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward forwards such dissent by registered post in the manner provided in Section 11.4 to such person the secretary of the Company immediately after the adjournment of the meeting. Such right to dissent shall will not apply to a Director or alternate Director who voted in favour favor of such action.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Inergy Holdings LLC)

Presumption of Assent. A Director or alternate Director director of the Company who is present at a meeting of the board Board of Directors or a committee thereof 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 to such action with the person acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent by registered post certified 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 or alternate Director director who voted in favour favor of such action.

Appears in 1 contract

Samples: Member’s Agreement (Bloomfield Bakers, a California Limited Partnership)

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