Adopting Resolution definition
Examples of Adopting Resolution in a sentence
All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock subject to the conditions and restrictions on issuance set forth herein, in the Articles of Incorporation, or in any other Adopting Resolution creating another series of Preferred Stock or as otherwise required by law.
This Development Agreement shall commence upon the Effective Date of the Adopting Resolution approving this Development Agreement and shall continue in force for a period of two (2) years unless extended or terminated as provided herein.
The terms and provisions contained in this Supplement and the Debenture Documents shall constitute, and are hereby expressly made, a part of the Debentures and the Debentureholders, pursuant to the Adopting Resolution, have expressly agreed, upon the execution and delivery of this Supplement by the Company, to be bound hereby and thereby.
The term of this Agreement shall commence upon the effective date of the Adopting Resolution approving this Agreement and shall extend for a period of thirty-five (35) years hereafter, unless said term is terminated, modified or extended by circumstances set forth in this Agreement or by mutual consent of the parties.
Adopting Resolution 17-427 will require a long term commitment to maintain additional park land.
Except as otherwise subordinated in a resolution or resolutions of the Board of Directors creating a series of the Preferred Stock (any such resolution referred to hereinafter as an “Adopting Resolution”), all shares of Preferred Stock of all series shall rank ratably as to dividends and assets according to the respective rates and amounts provided in this resolution and in any Adopting Resolution.
This Agreement shall commence upon the Effective Date of the Adopting Resolution approving this Agreement, and shall continue in force until the earlier of (1) the Parties’ execution of the Development Agreement; or (2) for a period of ten (10) years from the date of this Agreement unless extended or terminated as provided herein.
Consultant will assist the CRA with the following items upon request by the CRA: • Analysis, creation, and review of the 5-Year Financing and Implementation Plan for the CRA including: o Annual budget and financial forecast o Agenda memorandum o Adopting Resolution o Presentation Materials • Analysis and review of property tax parcels (data points provided by client) and values for the CRA including: o Parcel-by-parcel comparison of taxable values (current tax roll year vs.
This Agreement commences upon the effective date of the Adopting Resolution approving this Agreement and continues in force for a period of fifteen (15) years, unless extended or terminated as provided herein.
This Development Agreement shall commence upon the Effective Date of the Adopting Resolution approving this Development Agreement and shall continue in force until , 2027, which is five years from the Effective Date.