THE SEAL. 31.1 If the Company has a seal it shall only be used with the authority of the Directors or of a committee of Directors. The Directors may determine who shall sign any instrument to which the seal is affixed and unless otherwise so determined it shall be signed by a Director and by the Secretary or a second Director. The obligation under ARTICLE 5 relating to the sealing of share certificates shall apply only if the Company has a seal.
Appears in 1 contract
Samples: Shareholders Agreement (TRX Inc/Ga)
THE SEAL. 31.1 18.1 If the Company has a seal it shall only be used with the authority of the Directors or of a committee of Directorsdirectors. The Directors may determine who shall sign any instrument to which the seal is affixed and unless otherwise so determined it shall be signed by a Director and by the Secretary secretary or a second Director. The obligation under ARTICLE 5 Regulation 6 relating to the sealing of share certificates shall apply only if the Company has a seal. Regulation 101 shall not apply to the Company.
Appears in 1 contract
Samples: Securities Purchase Agreement (Transworld Healthcare Inc)
