Examples of Board Governance Exceptions in a sentence
As set forth in Section 5.1, the Board shall have the sole authority and right to manage the business and affairs of the Company and to make all decisions and take all actions for the Company except for the Board Governance Exceptions.
The Unitholders holding the Required Interest may act with respect to the Board Governance Exceptions that require the affirmative vote, consent or approval of the holders of the Required Interest at a meeting (in person, telephonic or otherwise) at which the holders of the Required Interest are present and approve such action or by a written consent executed by the holders of the Required Interest.
The Unitholders shall not manage or control the business and affairs of the Company, but shall have the rights set forth with respect to such Unitholder in the Board Governance Exceptions.
As set forth in Section 5.1, the Board has sole right and authority to manage the Company’s business and affairs and make all decisions and take all actions for the Company except for the Board Governance Exceptions.
The only Unitholder meetings or actions will be with respect to the Board Governance Exceptions.
The Unitholders shall not manage or control the business and affairs of the Company, except with respect to the Board Governance Exceptions.
Subject to the Board Governance Exceptions, the Unitholders shall not manage or control the business and affairs of the Company.
The Unitholders may act with respect to the Board Governance Exceptions that require the affirmative vote, consent or approval of such Unitholders at a meeting (in person, telephonic or otherwise) at which the applicable Unitholders are present and approve such action or by a written consent executed by the applicable Unitholders.
As set forth in Section 5.1 of this Agreement, the Board shall have the sole authority and right to manage the business and affairs of the Company and to make all decisions and take all actions for the Company, except for those matters that by the express terms of this Agreement require the affirmative vote, consent or approval of the Required Interest or as set forth in Section 14.2 (the "Board Governance Exceptions").