Common use of Validity of Acts Where Appointment Defective Clause in Contracts

Validity of Acts Where Appointment Defective. Subject to the Business Corporations Act, an act of a director or officer is not invalid merely because of an irregularity in the election or appointment or a defect in the qualification of that director or officer.

Appears in 53 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Business Combination Agreement (Screaming Eagle Acquisition Corp.), Business Combination Agreement (Jupiter Acquisition Corp)

AutoNDA by SimpleDocs

Validity of Acts Where Appointment Defective. Subject to the Business Corporations Act, an act of a director or officer is not invalid merely because of an irregularity in the election or appointment or a defect in the qualification of that director or officer.

Appears in 21 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Rights Agreement (Brookfield Business Partners L.P.), Amalgamation Agreement

Validity of Acts Where Appointment Defective. β€Œ Subject to the Business Corporations Act, an act of a director or officer is not invalid merely because of an irregularity in the election or appointment or a defect in the qualification of that director or officer.

Appears in 3 contracts

Samples: Business Combination Agreement, Amalgamation Agreement, Amalgamation Agreement

AutoNDA by SimpleDocs

Validity of Acts Where Appointment Defective. Subject to the Business Corporations Act, an act of a director or officer is not invalid merely because of an irregularity in in. the election or appointment or a defect in the qualification of that director or officer.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Inpixon)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!