Consent Resolution Clause Samples
A Consent Resolution clause defines the process by which parties can formally agree to decisions or actions without holding a physical meeting. Typically, this clause allows resolutions to be passed in writing, provided all relevant parties or a specified majority give their consent, often via signed documents or electronic communication. Its core practical function is to streamline decision-making, enabling organizations or groups to act efficiently and flexibly, especially when convening a meeting is impractical or unnecessary.
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Consent Resolution. A Board resolution or a Board Committee resolution, whether or not in counterpart, may be passed without a meeting if all the Directors or the members of the Board Committee, as the case may be, consent to the resolution in writing.
Consent Resolution. By executing this Agreement, such Holder approves and adopts the shareholder resolution attached hereto as Exhibit A that approves of the Merger and the terms and conditions of this Agreement and any related documentation. Further, the Holder hereby waives any notice requirements under applicable Nevada corporate law and XENO’s Bylaws relating to the calling of a special meeting of XENO’s shareholders to approve and adopt such action.
Consent Resolution. In furtherance of the covenants contained in Sections 3, 4 and 5, the persons constituting the New Board agree to execute and deliver in counterparts, concurrently with or immediately following the execution and delivery hereof, the Resolutions of Directors appended hereto as Attachment A.
Consent Resolution. The Consent Resolution attached as Exhibit A.