Common use of Informal Action by Shareholders Clause in Contracts

Informal Action by Shareholders. Any action required or permitted to be taken at a meeting of shareholders may be taken without a meeting if a consent in writing, setting forth such action, is signed by each shareholder entitled to vote on the matter and any other shareholder entitled to notice of a meeting of shareholders (but not to vote thereat) has waived in writing any right to dissent from such action, and such consent and waiver are filed with the minutes of proceedings of the shareholders.

Informal Action by Shareholders. Any action required or permitted to be taken at a meeting of the shareholders may be taken without a meeting if a consent in writing, setting forth such actionthe action so taken, is shall be signed by each shareholder at least a majority of the shareholders entitled to vote with respect to the subject matter thereof. Facsimilie or telefax signatures shall have the same effect as original signatures on the matter and any other shareholder entitled to notice such consents in lieu of a meeting of shareholders (but not to vote thereat) has waived in writing any right to dissent from such action, and such consent and waiver are filed with the minutes of proceedings of the shareholdersmeeting.

Informal Action by Shareholders. Any action required or permitted to be taken at a meeting of shareholders may be taken without a meeting if a consent in writing, setting forth such action, is signed by each shareholder all the shareholders entitled to vote on the matter action and any other shareholder such action is evidenced by one or more written consents describing the action taken, signed by all the shareholders entitled to notice of a meeting of shareholders (but not to vote thereat) has waived in writing any right to dissent from such on the action, and such consent and waiver are delivered to the Corporation for inclusion in the minutes or filed with the minutes of proceedings of the shareholderscorporate records.