Common use of EXECUTIVE COMMITTEES Clause in Contracts

EXECUTIVE COMMITTEES. The board may appoint an Executive Committee which shall consist of at least three directors and which shall have, and may exercise, all the powers of the board between meetings of the board or otherwise when the board is not meeting.

Appears in 3 contracts

Sources: Trust Indenture (First Industrial Realty Trust Inc), Trust Indenture (Coleman Worldwide Corp), Trust Indenture (Quality Food Centers Inc)