Common use of Board of Director Approval Clause in Contracts

Board of Director Approval. The Company covenants that so long as any shares of Series A Preferred Stock remain outstanding, the approval of the Board of Directors of the Company shall be obtained prior to taking any of the following actions:

Appears in 3 contracts

Samples: Rights Agreement (Air South Airlines Inc), Preferred Stock Purchase Agreement (Air South Airlines Inc), Rights Agreement (Air South Airlines Inc)

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Board of Director Approval. The Company covenants that so long as any shares of Series A C Preferred Stock remain outstanding, the approval of the Board of Directors of the Company shall be obtained prior to taking any of the following actions:

Appears in 1 contract

Samples: Rights Agreement (Air South Airlines Inc)

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