Common use of BOARD’S APPROVAL Clause in Contracts

BOARD’S APPROVAL. The Agreements were approved by the Board. Since no Director has material interest in the transactions contemplated under the Agreements, thus none of the Directors abstained from voting at the Board’s meeting to approve the Agreements.

BOARD’S APPROVAL. The Agreements were Supervision Agreement was approved by the Board. Since no Director has material interest in the transactions contemplated under the Agreementsthereunder, thus none of the Directors has abstained from voting at the Board’s Board meeting to approve the AgreementsSupervision Agreement.

BOARD’S APPROVAL. The Agreements were approved by the Board. Since no Director has material interest in the transactions transaction contemplated under the Agreements, thus none of the Directors abstained from voting at the Board’s meeting to approve the Agreements.

BOARD’S APPROVAL. The Lease Agreements were approved by the Board. Since no Director has material interest in the transactions contemplated under the Agreementsthereunder, thus none of the Directors has abstained from voting at the Board’s Board meeting to approve the Lease Agreements.