Common use of Preapproval Clause in Contracts

Preapproval. Notwithstanding anything to the contrary herein, any proposed Investor Transaction must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Sources: Stockholders Agreement (Global Aviation Holdings Inc.)

Preapproval. Notwithstanding Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction Transaction, other than the Transactions, must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Sources: Investment Agreement (Standard Pacific Corp /De/)

Preapproval. Notwithstanding Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Sources: Stockholders Agreement (Standard Pacific Corp /De/)

Preapproval. Notwithstanding Except as expressly permitted hereunder, notwithstanding anything to the contrary herein, any proposed Investor Transaction Transaction, other than the Transaction, must be pre-approved by a majority of the Non-Management Independent Directors.

Appears in 1 contract

Sources: Stockholders Agreement (Standard Pacific Corp /De/)