Common use of Power of Directors Clause in Contracts

Power of Directors. Subject to the right of shareholders as provided in Section 6.01 to adopt, amend or repeal bylaws, any bylaw may be adopted, amended or repealed by the Board of Directors other than a bylaw or amendment thereof changing the authorized number of directors, if such number is fixed, or the maximum-minimum limits thereof, if an indefinite number.

Appears in 2 contracts

Samples: LYON EAST GARRISON Co I, LLC, Ranch Golf Club, LLC

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Power of Directors. Subject to the right of shareholders as provided in Section 6.01 11.1 of these Bylaws to adopt, amend or repeal bylawsthese Bylaws, any bylaw may be adopted, amended or repealed by the Board of Directors these Bylaws (other than a bylaw or amendment thereof changing the authorized number of directors, if such number is fixedor providing for the approval by the Board, acting alone, of a loan or guarantee to any officer or an employee benefit plan providing for the maximum-minimum limits thereofsame) may be adopted, if an indefinite numberamended or repealed by the Board.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cryolife Inc), Agreement and Plan of Merger (Cardiogenesis Corp /CA)

Power of Directors. Subject to the right of shareholders as provided in Section 6.01 1 of this Article X to adopt, amend amend, or repeal bylawsBy-Laws, any bylaw other than a By-Law or amendment thereof changing the authorized number of directors, these By-Laws may be adopted, amended or repealed by the Board of Directors; provided, however, that if no shares have been issued, the Board of Directors other than may adopt a bylaw By-Law or amendment thereof changing the authorized number of directorsDirectors. I, if such number is fixedthe undersigned, or the maximum-minimum limits thereof, if an indefinite number.hereby certify:

Appears in 1 contract

Samples: Securities Purchase Agreement (Easyriders Inc)

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Power of Directors. Subject to the right of shareholders as provided in Section 6.01 9.1 of these Bylaws, Bylaws other than a Bylaw or amendment thereof specifying or changing a fixed number of Directors, or the minimum or maximum number of a variable Board of Directors, or changing from a fixed to adopta variable Board of Directors or vice versa, amend or repeal bylaws, any bylaw may be adopted, amended or repealed by the approval of the Board of Directors other than a bylaw or amendment thereof changing the authorized number of directors, if such number is fixed, or the maximum-minimum limits thereof, if an indefinite number.Directors. 160

Appears in 1 contract

Samples: Loan and Security Agreement (Halozyme Therapeutics Inc)

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