GCLD definition

GCLD means the General Corporation Law of the State of Delaware, as amended from time to time.
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GCLD has the meaning set forth in the preface above.
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GCLD means the General Corporation Law of the State of Delaware.
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Examples of GCLD in a sentence

  • Except as otherwise specifically provided in this Agreement, the authority and functions of the Board of Directors on the one hand and of the Officers on the other shall be identical to the authority and functions of the board of directors and officers, respectively, of a corporation organized under the GCLD.

  • If the GCLD is amended after the date of this Agreement to authorize Delaware corporations to further eliminate, limit or increase the personal liability of directors of Delaware corporations beyond that permitted under Section 102(b)(7) of the GCLD, then the liability of a Director or an Officer to the Company, in addition to the personal liability limitation provided herein, shall be further limited to the fullest extent permitted under the GCLD as so amended.

  • Except as otherwise specifically provided in this Agreement, the authority and functions of the Board of Directors, on the one hand, and of the Officers, on the other, shall be identical to the authority and functions of the board of directors and officers, respectively, of a corporation organized under the General Corporation Law of Delaware (the "GCLD").

  • With respect to any Transaction Agreement requiring Shareholder adoption, Shareholders shall have appraisal rights in the same manner and to the same extent that such rights would be available to the holder of stock of a Delaware corporation under the GCLD, mutatis mutandis, and those rights must be perfected by the same procedures that would be required of a holder of common stock of a Delaware corporation, mutatis mutandis.

  • At the Effective Time, the Corporation as the Survivor, shall be liable for all of the liabilities and obligations of the Company in accordance with Section 259 of the GCLD and Section 1361 of the LLLCL.

  • The Bylaws of the Corporation in effect immediately prior to the Effective Time shall be the Bylaws of the Survivor unless and until amended in accordance with such Bylaws and the GCLD.

  • The parties hereto shall cause the Merger to be consummated by (i) filing a certificate of merger (the “Certificate of Merger”) with the Secretary of State of the State of Louisiana and with the Secretary of State of the State of Delaware in such form as is required by, and executed in accordance with, the relevant provisions of the LLLCL and the GCLD, respectively, and (ii) making all other filings and recordings required under the LLLCL and the GCLD.

  • Notwithstanding any other provision of this Agreement, with respect to any Business Combination, the Company shall be governed by Section 203 of the GCLD as though the Company were a Delaware corporation, mutatis mutandis.

  • The Certificate of Incorporation of the Corporation in effect immediately prior to the Effective Time shall be the Certificate of Incorporation of the Survivor unless and until amended in accordance with such Certificate of Incorporation, the Survivor’s Bylaws, and the GCLD.

  • The Surviving Corporation shall have the name "Entevo Corporation", continue its corporate existence under and be organized under and be governed by the GCLD and possess all the rights and Assets of Entevo and BAC and be subject to all of the liabilities and obligations of both of them in accordance with the provisions of the GCLD.