Common use of POWERS AND DUTIES OF DIRECTORS Clause in Contracts

POWERS AND DUTIES OF DIRECTORS. 88. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 5 contracts

Samples: Business Combination Agreement (Bridgetown Holdings LTD), Business Combination Agreement (Investcorp Europe Acquisition Corp I), Agreement and Plan of Merger (Sogou Inc.)

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POWERS AND DUTIES OF DIRECTORS. 88105. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Silver Crest Acquisition Corp), Agreement and Plan of Merger (Silver Crest Acquisition Corp), Agreement and Plan of Merger (Silver Crest Acquisition Corp)

POWERS AND DUTIES OF DIRECTORS. 8893. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Board of Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Board of Directors that would have been valid if that resolution had not been passed.

Appears in 2 contracts

Samples: Business Combination Agreement (Investcorp Europe Acquisition Corp I), Business Combination Agreement (OpSec Holdings)

POWERS AND DUTIES OF DIRECTORS. 88123. Subject to the Companies ActLaw, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 2 contracts

Samples: Investors Rights Agreement (ECMOHO LTD), Investors Rights Agreement (ECMOHO LTD)

POWERS AND DUTIES OF DIRECTORS. 8864. Subject to the provisions of the Companies ActLaw, these Articles Articles, the Shareholders Agreement and to any resolutions passed made in a general meeting, the business of the Company shall be managed by the DirectorsBoard, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed made by the Company in general meeting shall invalidate any prior act of the Directors that Board which would have been valid if that resolution had not been passedmade.

Appears in 2 contracts

Samples: Share Purchase and Investor Rights Agreement (Alibaba Group Holding LTD), Convertible Preference Share Purchase Agreement (Alibaba Group Holding LTD)

POWERS AND DUTIES OF DIRECTORS. 88110. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 2 contracts

Samples: Business Combination Agreement (Bridgetown Holdings LTD), Business Combination Agreement (Bridgetown Holdings LTD)

POWERS AND DUTIES OF DIRECTORS. 8889. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CIIG Capital Partners II, Inc.), Business Combination Agreement (Fat Projects Acquisition Corp)

POWERS AND DUTIES OF DIRECTORS. 88118. Subject to the Companies ActLaw, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 2 contracts

Samples: Investor Agreement (Spotify Technology S.A.), Investor Agreement (Spotify Technology S.A.)

POWERS AND DUTIES OF DIRECTORS. 88112. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metal Sky Star Acquisition Corp)

POWERS AND DUTIES OF DIRECTORS. 88. 87 Subject to the provisions of the Companies Act, these Articles and to any resolutions passed made in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed made by the Company in a general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passedmade.

Appears in 1 contract

Samples: Business Combination Agreement and Plan of Merger (SC Health Corp)

POWERS AND DUTIES OF DIRECTORS. 88112. Subject to the Companies ActLaw, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Shareholders’ and Bondholders’ Agreement

POWERS AND DUTIES OF DIRECTORS. 8898. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (COVA Acquisition Corp.)

POWERS AND DUTIES OF DIRECTORS. 8885. Subject to the provisions of the Companies ActLaw, these Articles and to any resolutions passed made in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed made by the Company in general meeting shall invalidate any prior act of the Directors that which would have been valid if that resolution had not been passedmade.

Appears in 1 contract

Samples: Shareholders Agreement (Lone Star Technologies Inc)

POWERS AND DUTIES OF DIRECTORS. 88103. Subject to the Companies Act, the Memorandum and these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Business Combination Agreement (Queen's Gambit Growth Capital)

POWERS AND DUTIES OF DIRECTORS. 8897. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Subscription Agreement (Bridgetown 2 Holdings LTD)

POWERS AND DUTIES OF DIRECTORS. 8896. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Transaction Agreement (Manchester United PLC)

POWERS AND DUTIES OF DIRECTORS. 88. Subject to the Companies ActLaw, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Merger Agreement (Yatra Online, Inc.)

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POWERS AND DUTIES OF DIRECTORS. 88102. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Forward Purchase Agreement (LDH Growth Corp I)

POWERS AND DUTIES OF DIRECTORS. 8893. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (L Catterton Asia Acquisition Corp)

POWERS AND DUTIES OF DIRECTORS. 8890. Subject to the Companies Act, these Articles (including Schedule A) and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement (ZKH Group LTD)

POWERS AND DUTIES OF DIRECTORS. 88. 93 Subject to the provisions of the Companies Act, these Articles and to any resolutions passed made in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed made by the Company Shareholders in a general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passedmade.

Appears in 1 contract

Samples: Subscription Agreement (Altimeter Growth Corp.)

POWERS AND DUTIES OF DIRECTORS. 8885. Subject to the Companies ActLaw, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. The Directors will have the power to commence in the name of the Company a winding up or any other insolvency proceedings in accordance with the Law. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Transocean Inc)

POWERS AND DUTIES OF DIRECTORS. 8895. Subject to the Companies ActLaw, these Articles (including the Series C Reserved Matters) and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Poema Global Holdings Corp.)

POWERS AND DUTIES OF DIRECTORS. 8890. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blue Ocean Acquisition Corp)

POWERS AND DUTIES OF DIRECTORS. 8898. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Forward Purchase Agreement (Authentic Equity Acquisition Corp.)

POWERS AND DUTIES OF DIRECTORS. 88124. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the The business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up promoting and registering the Company and may exercise all such powers of the CompanyCompany as are not, by the Companies Acts or by these Articles, required to be exercised by the Company in general meeting, subject, nevertheless, to any of these Articles and to the provisions of the Companies Acts. No resolution passed made by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passedmade.

Appears in 1 contract

Samples: Transaction Agreement and Plan of Merger (Horizon Pharma, Inc.)

POWERS AND DUTIES OF DIRECTORS. 8893. Subject to the Companies Act, these Articles and to any resolutions passed in a general meeting, the business of the Company shall be managed by the Directors, who may pay all expenses incurred in setting up and registering the Company and may exercise all powers of the Company. No resolution passed by the Company in general meeting shall invalidate any prior act of the Directors that would have been valid if that resolution had not been passed.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Poema Global Holdings Corp.)

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