Common use of Restrictions on Authority of the Board Clause in Contracts

Restrictions on Authority of the Board. (a) Notwithstanding anything to the contrary in this Agreement, none of the following actions may be taken by the Company, directly or indirectly (and the Company shall cause its Subsidiaries to refrain from taking such actions) without a Stockholder Supermajority Vote:

Appears in 4 contracts

Samples: Shareholders Agreement (Affinion Group Holdings, Inc.), Shareholders Agreement (Affinion Group Holdings, Inc.), Shareholders Agreement (Affinion Group, Inc.)

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Restrictions on Authority of the Board. (a) Notwithstanding anything to the contrary in this Agreement, none of the following actions may be taken by the Company, directly or indirectly (and the Company shall cause its Subsidiaries to refrain from taking such actions) without a Stockholder Supermajority Shareholder Majority Vote:

Appears in 3 contracts

Samples: Shareholders Agreement (Vantage Drilling International), Shareholders Agreement, Shareholders Agreement

Restrictions on Authority of the Board. (a) Notwithstanding anything to the contrary in this Agreement, none of the following actions may be taken by the Company, directly or indirectly (and the Company shall cause its Subsidiaries to refrain from taking such actions) without a Stockholder Supermajority VoteShareholder Approval:

Appears in 1 contract

Samples: Shareholders Agreement (Penn Virginia Corp)

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Restrictions on Authority of the Board. (a) Notwithstanding anything to the contrary in this Agreement, none of the following actions may be taken by the Company, directly or indirectly (and the Company shall cause its Subsidiaries to refrain from taking such actions) without a Stockholder Supermajority VoteApproval:

Appears in 1 contract

Samples: Stockholders Agreement (Chaparral Energy, Inc.)

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