Amendment by Directors Sample Clauses
The "Amendment by Directors" clause grants a company's board of directors the authority to modify, alter, or update certain documents, such as bylaws or internal policies, without requiring approval from shareholders or other parties. Typically, this clause outlines the scope of the directors' amendment powers, any limitations or procedures they must follow, and may specify which documents or provisions can be changed. Its core practical function is to provide flexibility and efficiency in corporate governance, enabling directors to respond quickly to changing circumstances or legal requirements without the delays of broader approval processes.
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Amendment by Directors. Except as otherwise provided by law, the By-laws of the Corporation may be amended or repealed by the Board of Directors by the affirmative vote of a majority of the Directors then in office.
Amendment by Directors. Subject to the rights of the shareholders as provided in Section 7.01 to adopt, amend or repeal bylaws, bylaws may be adopted, amended, or repealed by the board of directors; provided, however, that the board of directors may adopt a bylaw or amendment of a bylaw changing the authorized number of directors only for the purpose of fixing the exact number of directors within the limits specified in the articles of incorporation or in Section 3.02 of these bylaws.
Amendment by Directors. Subject to the rights of the shareholders as provided in Section 9.1 of these By-Laws, By-Laws, other than a By-Law or an amendment of a By-Law changing the authorized number of directors (except to fix the authorized number of directors pursuant to a By-Law providing for a variable number of directors), may be adopted, amended or repealed by the Board of Directors.
Amendment by Directors. The Board of Directors shall have the power without the assent or vote of the shareholders to adopt by-laws, and except as hereinafter provided in Section 2 of this Article, and subject to such limitations as may be imposed by law, to rescind, alter, amend or repeal by a vote of a majority of the whole Board of Directors any of the by-laws, whether adopted by the Board of Directors or by the shareholders.
Amendment by Directors. Except as otherwise required by law, these Bylaws may be amended or repealed by the Board of Directors by the affirmative vote of a majority of the directors then in office (so long as a quorum is present).
Amendment by Directors. 23 BYLAWS OF THE LIGHTSPAN PARTNERSHIP, INC.
Amendment by Directors. Except as otherwise provided by law, the Bylaws of the Corporation may be adopted, amended or repealed by the Board of Directors.
Amendment by Directors. Subject to the rights of the share holders to adopt, amend or repeal bylaws as provided in Section I of this Article IX, bylaws, other than a bylaw amendment changing the authorized number of directors, may be adopted, amended or repealed by the board of directors. The undersigned, being all of the members of the Board of Directors of ▇▇▇▇▇▇ MEDICAL CORPORATION, a California corporation (the “Company") acting pursuant to Section 307(8)(b) of the General Corporation Law of the State of California, hereby consent in writing to the adoption of the following actions in lieu of a special meeting of the Board of Directors:
Amendment by Directors. In furtherance and not in limitation of the powers conferred upon it by law, the Board is expressly authorized and empowered to adopt, amend and repeal the Bylaws by the affirmative vote of a majority of the Board.
Amendment by Directors. Subject to the rights of the shareholders as provided in paragraph 9.1 of this Article 9, By-Laws other than a By-Law or an amendment thereof changing this authorized number of directors may be adopted, amended or repealed by the board of directors. CERTIFICATE OF SECRETARY OF ADOPTION OF BY-LAWS I hereby certify that I am the duly elected and acting Secretary of C▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ DEVELOPMENT, a California corporation, and that the foregoing By-Laws, constituting the By-Laws of said corporation, were duly adopted by the board of directors held on September 15, 1995.