Directors’ Resolution Sample Clauses
A Directors’ Resolution is a formal decision made by a company’s board of directors, typically documented in writing or recorded in meeting minutes. This clause outlines the process by which directors collectively approve actions such as entering into contracts, authorizing expenditures, or making strategic business decisions. By establishing a clear procedure for board approval, the clause ensures that significant company actions are properly authorized and that the decision-making process is transparent and legally compliant.
Directors’ Resolution. After the Charges have become enforceable, the Chargor shall procure to the extent that it is within its power as a shareholder of the Charged Company that any transfer to or by the Chargee or its nominee of any of the Charged Assets is duly approved by the board of directors of the Charged Company (if required) and registered in the Charged Company’s shareholder register (if necessary), by replacing the board of directors of the Charged Company with directors nominated by the Chargee as it sees fit.
Directors’ Resolution. HSNS shall have furnished to the Shareholder a certified copy of a resolution duly adopted by it Board of Directors, ratifying and approving this Agreement and all other agreements and instruments entered into by HSNS in connection herewith.
Directors’ Resolution. A Certified Resolution of the Board of Directors of the Purchaser approving the purchase of the Purchased Shares.
Directors’ Resolution. Once effective, Borrower will execute and deliver to Holder a copy of a Board of Director’s resolution resolving that this note is validly issued, paid, and effective.
Directors’ Resolution. A certified copy of a resolution of the Board of Directors of the Purchaser authorizing the execution and delivery of this Agreement and the completion of the purchase of the Assets in accordance with the provisions of this Agreement, and authorizing the issuance of Common Shares and Warrants to the Vendor;
Directors’ Resolution. A resolution of the Board of --------------------- Directors dated the closing date (i) appointing Justin DiNorscia and J▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ as d▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇ompany; and (ii) appointing Justin DiNorscia as pr▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇er and secretary of the Company.
Directors’ Resolution. Once effective, ▇▇▇▇▇▇▇▇ will execute and deliver to Holder a copy of a Board of Director's resolution resolving that this note is validly issued, paid, and effective. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Chairman & CEO Cord Blood America, Inc. JMJ Financial/Its Principal EFFECTIVE DATE AS EXECUTED BY ▇▇▇▇▇▇▇▇▇▇▇▇▇: 03/24/2011 NOTARY FOR SIGNATURE BY ▇▇▇▇▇▇/HOLDER: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (To be executed by the Holder in order to convert the Note) The undersigned hereby elects to convert a portion of the Note issued by Cord Blood America, Inc. into Shares of Common Stock of Cord Blood America, Inc. according to the conditions set forth in such Note, as of the date written below. Date of Conversion:_______________________________________________________________________________________ Conversion Amount:______________________________________________________________________________________ Conversion Price:_________________________________________________________________________________________ Shares To Be Delivered:____________________________________________________________________________________ Signature:_______________________________________________________________________________________________ Print Name:______________________________________________________________________________________________ Address:_______________________________________________________________________________________________ DOCUMENT B-12172009b SHARE DELIVERY ATTACHMENT EXAMPLE
Directors’ Resolution. Attached hereto is a true and complete copy of a resolution of the directors of the Company authorizing inter alia the above-mentioned agreement, and such resolution has been duly passed or adopted in writing and remains in full force and effect and no resolution has been passed nor any proceeding taken to amend, surrender or cancel the same.
Directors’ Resolution. A resolution of the Board of ---------------------- Directors, dated the closing date (i) appointing John C. Cahill and Larry R▇▇▇▇ ▇▇ ▇▇▇▇▇▇ors o▇ ▇▇▇ ▇▇▇▇▇ny; (ii) appointing John C. Cahill and Bryan E▇▇▇▇▇ ▇▇▇▇▇▇▇▇t and ▇▇▇▇ ▇▇▇▇▇▇ent, respectively, of the Company; (iii) amending Bryan Eggers current emplo▇▇▇▇▇ ▇▇▇▇▇▇ct whereby Mr. Eggers will serve as v▇▇▇ ▇▇▇▇▇▇ent of the Company. The term of Mr. Eggers employment cont▇▇▇▇ ▇▇▇▇ be from the Closing Date to a period of six months thereafter, with an annual salary of $60,000 per year.
Directors’ Resolution. Together with the execution of this Agreement, Client must deliver to MaxCap (i) a certified resolution (or its equivalent if Client is an entity other than a corporation) authorizing the execution, delivery and performance of this Agreement, (ii) such other evidence of existence, good standing and authority as MaxCap may require, and (iii) such other documents as MaxCap may require, in each case in form and substance satisfactory to MaxCap.