Examples of the Directors in a sentence
Written approval by the Controlling Shareholder To the best of the knowledge of the Directors, no Shareholders, including the Controlling Shareholder, a controlling shareholder of the Company holding 4,999,694,857 Shares (representing 72.07% interest in the Company) which does not have a material interest in the Agreements (EE Black) and the Agreements (MDCC), are required to abstain from voting at a general meeting of the Company if one were to be convened and held to approve these agreements.
It is expressly agreed that the obligations of the Fund hereunder shall not be binding upon any of the Directors, shareholders, nominees, officers, agents or employees of the Fund personally, but shall bind only the property of the Fund, as provided in the Articles of Incorporation.
The execution and delivery of this Agreement have been authorized by the Directors and signed by an authorized officer of the Fund, acting as such, and neither such authorization by such Directors nor such execution and delivery by such officer shall be deemed to have been made by any of them personally, but shall bind only the property of the Fund as provided in the Articles of Incorporation.
Accordingly, the Directors consider that the terms of the Sales Cooperation Agreement are fair and reasonable and that the entering into of the Sales Cooperation Agreement is in the interest of the Company and shareholders of the Company as a whole.
Xxx, none of the Directors had any interests in the New Tenancy Agreement and was required to abstain from voting on the resolutions approving the New Tenancy Agreement.