Company's Approval Sample Clauses
The "Company's Approval" clause establishes that certain actions, decisions, or changes within an agreement require the explicit consent of the company before proceeding. Typically, this clause applies to matters such as subcontracting, assignment of rights, or modifications to the scope of work, ensuring that the company retains control over key aspects of the contractual relationship. By requiring prior approval, the clause helps the company manage risk, maintain oversight, and prevent unauthorized changes that could impact its interests.
Company's Approval. The Board of Directors of the Company shall approve the use of each Authorized Depository by the Company, as required by Rule 17f-4 under the Act, that is listed on Exhibit A hereto, and a certified copy of such resolution shall be provided to the Bank. The Company shall notify the Bank if the continued use of such Authorized Depository is not approved annually by the Board of Directors of the Company, as required by Rule 17f-4 under the Act.
Company's Approval. (a) Any approval to the proposed subcontractor may be conditional upon that subcontractor and the Buyer agreeing that the subcontractor shall neither assign nor subcontract the work without the Buyer‟s written consent and the Buyer shall not grant such consent without first obtaining the Company‟s consent thereto.
(b) The Buyer shall require its subcontractor to agree to be bound by this Contract and to abide by the Company‟s and the Agent‟s requirements for safety and loss management.
Company's Approval. The Company will confirm in writing, authorization or rejection of the request to ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Facility for the Insured Person’s Hospitalization.
Company's Approval the Beneficiaries and any other transferee, assignee or appointee of all or part of the Financial Instruments have been approved by the relevant competent corporate body of the Company in accordance with article 11 of the Company’s by-laws so as is required for any of them to become a shareholder of the Company;
Company's Approval. 1. In order to secure that the shares subject to the terms and provisions of this Agreement may only be transferred in accordance with such terms and provisions, the Company’s shares’ transferability is restricted (vinkuliert) pursuant to Sec. 7 of the Articles of Association.
2. The Company is obliged to grant its consent to the transfer of shares provided that the provisions of this Agreement pursuant to Sections 2 to 13 have been fully complied with. In the event that an Offeror has given a notification of offer pursuant to Sec. 2 and in the event that a Shareholder has exercised a right of first refusal, the consent may only be granted for a transfer of shares from the Offeror to the First Right Holders and, in the event of rights of first refusal not being exercised, only in respect of a transfer of shares to the acquirer named in the notification pursuant to Sec. 2 para. 2.