Resolution without meeting Clause Samples
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Resolution without meeting. The Board of Directors may pass a Resolution without holding a Board meeting. Such Resolution shall be valid and enforceable as if it were passed at a Board meeting if all Directors of the Company vote in favor of the Resolution in writing. The signature of the Directors may be contained in a single document or may consist of several documents, all in like form. For the purpose of this Article, “in writing” and “signed” include approval by facsimile or email. The duly signed Resolution shall be delivered to the Chairperson and placed with the minutes of the Company.
Resolution without meeting. (a) A resolution of the Steering Committee which is signed by all Representatives of each Party (Circular Resolution) will be as valid and effective as if it had been passed at a meeting of the Steering Committee properly convened and held.
(b) A Circular Resolution may consist of one or more documents in identical terms, signed by a Representative of each Party.
Resolution without meeting. (a) A resolution of the Management Committee which is signed by a Representative of each Participant who is entitled to vote (Circular Resolution) will be as valid and effective as if it had been passed at a meeting of the Management Committee properly convened and held.
(b) A Circular Resolution may consist of one or more documents in identical terms, signed by a Representative of each Participant.