Common use of Action by the Board Clause in Contracts

Action by the Board. Subject to any unanimous shareholder agreement, the Board shall manage the business and affairs of the Corporation. Subject to Sections 4.08 and 4.09, the powers of the Board may be exercised by resolution passed at a meeting at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Board. Where there is a vacancy in the Board, the remaining directors may exercise all the powers of the Board so long as a quorum remains in office.

Action by the Board. Subject to any unanimous shareholder agreementThe board shall manage, or supervise the Board shall manage management of, the business and affairs of the Corporation. Subject to Sections 4.08 and 4.09, the The powers of the Board board may be exercised by resolution passed at a meeting (subject to sections 4.10 and 4.11) at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Boardboard. Where there is a vacancy in the Boardboard, the remaining directors may exercise all the powers of the Board board so long as a quorum remains in office.

Action by the Board. Subject to any unanimous shareholder agreement, the Board The board shall manage the business and affairs of the Corporation. Subject to Sections 4.08 and 4.09, the The powers of the Board board may be exercised by resolution passed at a meeting (subject to sections 4.8 and 4.9) at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Boardboard. Where there is a vacancy in the Boardboard, the remaining directors may exercise all the powers of the Board board so long as a quorum remains in office.office.‌

Action by the Board. Subject to any unanimous shareholder agreement, the Board shall manage manage, or supervise the management of, the business and affairs of the Corporation. Subject to Sections 4.08 4.8 and 4.094.9, the powers of the Board may be exercised by resolution passed at a meeting at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Board. Where there is a vacancy in the Board, the remaining directors may exercise all the powers of the Board so long as a quorum remains in office. Where the Corporation has only one director, that director may constitute a meeting.

Action by the Board. Subject to any unanimous shareholder agreement, the Board shall manage manage, or supervise the management of, the business and affairs of the Corporation. Subject to Sections 4.08 4.9 and 4.094.10 below, the powers of the Board may be exercised by resolution passed at a meeting at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Board. Where there is a vacancy in on the Board, the remaining directors may exercise all the powers of the Board so long as a quorum remains in office. Where the Corporation has only one director, that director may constitute the meeting.

Action by the Board. Subject to any unanimous shareholder agreement, the Board board shall manage manage, or supervise the management of, the business and affairs of the Corporation. Subject to Sections sections 4.08 and 4.09, the powers of the Board board may be exercised by resolution passed at a meeting at which a quorum is present or by resolution in writing signed by all the directors entitled to vote on that resolution at a meeting of the Boardboard. Where there is a vacancy in the Boardboard, the remaining directors may exercise all the powers of the Board board so long as a quorum remains in office. Where the Corporation has only one director, that director may constitute a meeting.

Action by the Board. Subject to any unanimous shareholder agreementThe board shall manage, or supervise the Board shall manage management of, the business and affairs of the Corporation. Subject to Sections sections 4.08 and 4.09, the powers of the Board board may be exercised by resolution passed at a meeting at which a quorum is present or by resolution in writing signed by all the directors who would have been entitled to vote on that resolution at a meeting of the Boardboard. Where there is a vacancy in the Boardboard, the remaining directors may exercise all the powers of the Board board so long as a quorum remains in office. Where the Corporation has only one director, that director may constitute the meeting.