Common use of Significant Actions Clause in Contracts

Significant Actions. Promptly following the Closing, the Company shall amend its by-laws to provide that no action described in Exhibit 2.03 hereto may be taken without prior approval thereof by a Majority Vote.

Appears in 3 contracts

Sources: Governance Agreement (Continental Airlines Inc /De/), Governance Agreement (Northwest Airlines Corp), Governance Agreement (Northwest Airlines Corp)