Examples of Delaware Corporation Act in a sentence
The registered office of the Corporation as required by the Delaware Corporation Act to be maintained in the State of Delaware, may be, but is not required to be identical to the principal office and the address of the registered agent may be changed from time to time by the Board of Directors.
Unless otherwise provided by law, whenever any notice is required to be given to any shareholder or Director of the Corporation under the provisions of these By-Laws or under the provisions of the Delaware Corporation Act, a waiver thereof in writing, signed by the person or persons entitled to such notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such notice.
Such indemnification shall be against expenses (including attorney fees), judgements, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding to the extent that and under the circumstances wherefore the Delaware Corporation Act permits indemnification of directors.
Grantor desires to transfer 1,000,000 shares of Common Shares (the " Shares") of SMD Group Inc., a Delaware corporation (the "Corporation") and receive Trust Certificates (the "Certificates") for Shares of the Corporation issued hereunder pursuant to the applicable provisions of the Delaware Corporation Act.
Grantor desires to transfer 50,000 shares of Preferred Shares Class C (the "Preferred Shares") of SMD Group Inc., a Delaware corporation (the "Corporation") and receive Voting Trust Certificates (the "Certificates") for Preferred Shares of the Corporation issued hereunder pursuant to the applicable provisions of the Delaware Corporation Act.
The Initial Officers shall have the duties and responsibilities normally associated with such positions under the Delaware Corporation Act, unless otherwise specified by the Management Committee.
II, d/b/a DarkHorse Systems, Inc." The Merger shall be pursuant to the provisions of and with the effect provided in the Texas Act and the Delaware Corporation Act (the "Delaware Act").
In addition, all Directors who vote for or assent to any distribution of assets of the Corporation contrary to any lawful restrictions in the Delaware Corporation Act of the State of Delaware, the corporate Charter, or the Bylaws, shall be jointly and severally liable to the Corporation for the amount of such distribution.
The opinions expressed herein are limited to the law of the State of Texas, Delaware Corporation Act (the “Delaware Act”), Article 9 of the Uniform Commercial Code as enacted in the State of Delaware (the “Delaware UCC”), and the applicable United States federal statutory law of general application.
On October 24, 2018, the Company’s Board of Directors approved to change the name of the Company from “Global Bridge Capital, Inc.” to “Luxxo, Inc.” The name change was also approved by a majority shareholder vote without conducting a shareholders’ meeting as permitted by the Delaware Corporation Act.