Resolutions by Circulation. Subject to the provisions of the Act, resolutions of the Board may be passed by circulation, if the resolution has been circulated in draft, together with necessary papers, if any, to all the Directors, and has been approved and signed all Directors entitled to vote on the resolution.
Resolutions by Circulation. Save as required by Applicable Law, a resolution by circulation, or a resolution passed at a video/ audio conference, which has been confirmed subsequently as a resolution by circulation, shall be as valid and effectual as a resolution duly passed at a meeting of the Directors called and held in accordance with the provisions of the Applicable Law and the Charter Documents, provided it has been circulated in draft form, together with the relevant papers, if any, to all the Directors and has been approved by the affirmative vote of a majority of the Directors, provided that if such matter is a Reserved Matter, the affirmative consent of at least 1 (one) Loop Director and 1 (one) Ester Director shall be required.
Resolutions by Circulation. Save as required by applicable Law, a resolution by circulation shall be as valid and effectual as a resolution duly passed at a Board Meeting called and held in accordance with the provisions of the Act and the Articles, provided it has been circulated in draft form, together with the relevant papers, if any, to all the Directors and has been approved in writing by the requisite Directors in accordance with the Agreement. The Parties shall ensure that none of the Reserved Matters shall be taken up, decided or acted upon through a resolution by circulation unless the Reserved Matter has been approved in writing by any one of the Arpwood Directors.
Resolutions by Circulation. Subject to Applicable Law, the Board may act by written resolution, circulated to all the Directors, and signed by a majority of all the Directors, (provided that such written resolution has been circulated in draft form, together with the relevant papers, if any, to all the Directors). Subject to the provisions of this Agreement, a written resolution circulated to all the Directors passed in accordance with the terms hereof shall be as valid and effective as a resolution duly passed at a meeting of the Board, called and held in accordance with this Agreement and the Articles.
Resolutions by Circulation. The Board of Directors may pass a resolution by way of circulation provided the resolution has been circulated in draft together with necessary papers, if any, to all the Directors or to all the members of the committee (not less than the quorum fixed for a meeting of the Board or committee, in accordance with this Agreement, as the case may be) at their usual addresses in India, and has been approved by such of the Directors or by a majority of such of them as are entitled to vote on the resolution, subject to compliance with Section 6.11.1 where applicable.
