Approval of the Board. The Board of the Directors of the --------------------- Company have approved the Purchaser (or any person controlling, controlled by or under common control with Purchaser, including any person of which the Purchaser owns, directly or indirectly, at least 50% of the ownership interest) becoming an interested stockholder for purposes of Section 203 of the General Corporation Law of the State of Delaware.
Approval of the Board. Notwithstanding the foregoing, the Adviser may not take any action on behalf of the Company without the prior approval of the Board or duly authorized committees thereof if the Charter or Maryland General Corporation Law require the prior approval of the Board. If the Board or a committee of the Board must approve a proposed investment, financing or disposition or chooses to do so, the Adviser will deliver to the Board or committee, as applicable, all documents required by it to evaluate such investment, financing or disposition.
Approval of the Board. As a condition of, and before commencing, this Agreement, the Board of Trustees of PCCD and the governing board of the School District, at an open public meeting of each board, shall take comments from the public and approve this Agreement. This Agreement shall not be executed until such time as it is approved by the governing board of PCCD and the governing board of the School District.
Approval of the Board. The twentieth meeting of the ninth session of the Board of the Company has considered and approved the “Resolution on Execution of Comprehensive Product and Service Framework Agreement for the Year 2018 with China Datang Corporation Limited” (Please refer to the overseas regulatory announcement of the Company dated 21 December 2017 for details). None of the Directors has any material interest in the Comprehensive Product and Service Framework Agreement. Those connected Directors, including Xxxx Xxxxxxx, Xxx Xxxxxxxxx and Xxxxx Xxxxxxx, have abstained from voting on the relevant resolution in accordance with the requirements of the listing rules of the Shanghai Stock Exchange.
Approval of the Board. Any action which would otherwise require approval by the members pursuant to the Act shall require only approval of the Board. All rights which would otherwise vest to the members under the Act shall vest in the Board.
Approval of the Board. The Board of Directors of CCI ----------- --------------------- has, by resolutions duly adopted at a meeting duly called and held, unanimously approved and adopted this Agreement and the transactions contemplated hereby on the terms and conditions set forth herein.
Approval of the Board. Subject to Sections 2.2 and 6.2 of this Agreement, but notwithstanding any other provision of this Agreement, all material transactions, matters or proposals concerning the Corporation which for greater certainty, includes any such material transactions, matters or proposals relating to the Corporation in its capacity as Managing General Partner of the Partnership and assets which are held legally or beneficially by the Corporation in such capacity, shall first be referred to and authorized by simple majority approval of the Board, including the following:
Approval of the Board. The thirty second meeting of the ninth session of the Board of the Company has considered and approved the “Resolution in relation to the entering into of the Coal and Materials Purchase and Sale Framework Agreement with China Datang Corporation Limited” (Please refer to the overseas regulatory announcement of the Company dated 18 January 2019). None of the Directors has any material interest in the Coal and Materials Purchase and Sale Framework Agreement. Those connected Directors, including Xxxx Xxxxxxx, Xxx Xxxxxxxxx and Xxxxx Xxxxxxx, have abstained from voting on the relevant resolution in accordance with the requirements of the listing rules of the Shanghai Stock Exchange.
Approval of the Board. As at the date of this announcement, as Xx. Xxxx Xxx, the non-executive Director, also holds the position of director at Hubei Port (Hong Kong), she is considered by the Board to have a material interest in the transactions contemplated under each of the 2023 Comprehensive Port Logistics Services Framework Agreements and has abstained from voting on the Board resolutions approving the entering into of the 2023 Comprehensive Port Logistics Services Framework Agreement. Saved as disclosed above, none of the other Directors has a material interest in the transactions contemplated under the 2023 Comprehensive Port Logistics Services Framework Agreements and is required to abstain from voting on the Board resolutions approving the entering into of the 2023 Comprehensive Port Logistics Services Framework Agreements and the transactions contemplated thereunder. INFORMATION OF THE PARTIES Information on the Company and the Group The Company is an investment holding company incorporated in the Cayman Islands with limited liability. The principal activities of the Group are investment in and development, operation and management of containers and other ports, and the provision of port related, logistics and other services, including integrated logistics, port and warehouse leasing and supply chain management and trading business, which are mainly conducted through various ports, including the WIT Port (武漢陽邏港), the Multi-Purpose Port (通用港口), the Xxxxxx Port (漢南港) and the Shipai Port (石牌港), all located in the Yangtze River Basin in Hubei Province, the PRC. Information on Hubei Port Hubei Port is the holding company of Hubei Port (Hong Kong) (the controlling shareholder of the Company) incorporated in the PRC with limited liability and is ultimately controlled by the State- owned Assets Supervision and Administration Commission of the Wuhan Municipal People’s Government* (武漢市人民政府國有資產監督管理委員會). Hubei Port is principally engaged in the investment in and construction of infrastructures and the operation of ports, as well as the provision of other services including integrated logistics and supply chain management.
Approval of the Board. The Board has approved the Equity Transfer Agreement and the Disposal. None of the Directors has any material interest in the Equity Transfer Agreement and the Disposal, therefore, none of the Directors is required to abstain from voting on the Board resolutions approving the Equity Transfer Agreement and the Disposal.
