Common use of Circular Resolutions Clause in Contracts

Circular Resolutions. A vote required under clause 6.6 may be effected in writing, signed by all of the Directors and shall be deemed to be a decision of the Board without the need for a meeting.

Circular Resolutions. A vote required under clause 6.6 7.6 may be effected effective in writing, signed by all of the Directors Members and shall be deemed to be a decision of the Board committee without the need for a meeting.