Common use of Unanimous Shareholder Agreement Clause in Contracts

Unanimous Shareholder Agreement. To the extent that this Agreement specifies that any matters may only be or shall be dealt with or approved by or shall require action by the Shareholders, the discretion and powers of the directors of the Corporation to manage and to supervise the management of the business and affairs of the Corporation with respect to such matters are correspondingly restricted.

Unanimous Shareholder Agreement. This Agreement is a unanimous shareholder agreement within the meaning of the Business Corporations Act. To the extent that this Agreement specifies that any matters matter may only be or shall be dealt with or approved by or shall require requires action by the Shareholders, the discretion and powers of the directors of the Corporation to manage and to supervise the management of the business and affairs of the Corporation with respect to such those matters are correspondingly restricted.

Unanimous Shareholder Agreement. To the extent that this Agreement specifies that any matters may only be or shall matter must be dealt with or approved by by, or shall require requires action by the Shareholdersby, the discretion and Shareholders or otherwise has the effect of restricting in whole or in part the powers of the directors Directors to manage or to supervise the management of the Corporation business and affairs of the Corporation, the powers of the Directors to manage and to supervise the management of the business and affairs of the Corporation with respect to such matters are correspondingly restrictedrestricted to the maximum extent permitted by law.

Unanimous Shareholder Agreement. To the extent that this Agreement specifies that any matters may only be or shall matter must be dealt with or approved by by, or shall require requires action by the Shareholdersby, the discretion Shareholders or otherwise has the effect of restricting in whole or in part the powers of the directors to manage or to supervise the management of the business and affairs of the Company, the powers of the directors of the Corporation Company to manage and to supervise the management of the business and affairs of the Corporation Company with respect to such matters are correspondingly restricted.