Seller Board Approval. The Split-Off and the terms of this Agreement shall have obtained Seller Board Approval by the New Board as provided for in Section 3.7 above.
Seller Board Approval. The Split-Off and the terms of this Agreement will require the approval of the New Board, which shall be completed immediately following the election of the New Board in accordance with Section 3.6 above (“Seller Board Approval”).
Seller Board Approval. Seller shall have obtained the Seller Board Approval.
Seller Board Approval. To the extent required by law, SELLER shall have received the approval of its Board of Directors to the terms and conditions of this Agreement in accordance with NRS Chapter 78 and the corporate documents of SELLER.
Seller Board Approval. The Board of Directors of the Seller, by resolutions duly adopted, has (i) determined that it is in the best interests of, and fair to Seller and the holder of shares of capital stock of Seller (the “Seller Shareholder”), and declared it advisable, to enter into this Agreement and the other Transaction Documents and to consummate the transactions contemplated hereunder and thereunder upon the terms and subject to the conditions set forth herein and therein; (ii) approved the execution and delivery of this Agreement and the other Transaction Documents by the Seller Parties, the performance by the Seller Parties of their covenants and other obligations hereunder and thereunder, and the consummation of the transactions contemplated hereunder and thereunder upon the terms and conditions set forth herein and therein; and (iii) recommended that the Seller Shareholder approve the sale of the Membership Interests pursuant to this Agreement (collectively, the foregoing clauses (i) through (iii), the “Seller Board Recommendation”) and directed that the sale of the Membership Interests pursuant to this Agreement be submitted to the Seller Shareholder for purposes of obtaining the approval of the Seller Shareholder (the “Seller Shareholder Approval”) in compliance with applicable Law and the organizational documents of Seller. As of the date of this Agreement, the Seller Board Recommendation has not been withdrawn, rescinded or modified in any way.
Seller Board Approval. The Board of Directors of the Seller shall have approved the transactions contemplated hereby, on the terms and conditions contemplated hereby, and such approval shall be in full force and effect.
Seller Board Approval. Seller shall have obtained approval from the relevant board of directors for the transaction contemplated in this Agreement, although if Seller does not provide notice to Purchaser that such approval has not been obtained on or before the third (3rd) business day after the Effective Date (the “Board Approval Date”), this condition will no longer be deemed a Seller Closing Condition; provided, however, if the terms of this Agreement are amended after the end of the Board Approval Date, Seller reserves the right to obtain approval from its board of directors with respect to the amendment within five (5) business days after the amendment is agreed upon by Seller and Purchaser. Prior to the Closing Seller shall deliver to Purchaser documents reasonably requested by Purchaser that evidence the Seller Board Approval.
Seller Board Approval. The Seller's Board of Directors shall have approved this Agreement on or before January 20, 1998 and the transactions contemplated hereby.
Seller Board Approval. This Agreement and Sellers’ obligations hereunder shall be subject to Sellers’ obtaining final approval of this Agreement by the Xxxxxxx Natural Resource Investment Committee (“Committee”), which approval shall be deemed approved if Sellers do not give written notice of Sellers’ inability to obtain such approval to Buyer on or before March 20, 2014. If Sellers deliver written notice to Buyer on or before March 20, 2014, of Sellers’ inability to obtain the requisite approval of this Agreement by the Committee, this Agreement shall terminate, the Xxxxxxx Money shall be returned immediately to Buyer, and neither Party shall have any further liability hereunder (except for such liabilities as expressly survive termination of this Agreement).
Seller Board Approval. (a) The Seller Board has unanimously determined, after consultation with its advisors, that the transactions contemplated by this Agreement and the Other Agreements are fair to, and in the best interests of the Seller and its stockholders, approved and declared advisable this Agreement and the Other Agreements and the transactions contemplated hereby and thereby and resolved to recommend adoption of this Agreement and the Other Agreements to the stockholders of the Seller and directed that this Agreement and the Other Agreements be submitted to the stockholders of the Seller for their approval (the “Seller Board Recommendation”).
