Board Approval definition

Board Approval has the meaning set out in Section 2.2(a)(ii);

Board Approval has the meaning set forth in the Recitals.

Board Approval means, as to any matter requiring Board Approval under this Agreement, the unanimous approval or subsequent ratification by each of the Managers. Matters requiring Board Approval are set forth in further detail in Schedule A of this Agreement.

Examples of Board Approval in a sentence

• The Company may purchase and maintain insurance on behalf of such Persons against any liability asserted against or incurred by such Person in any such capacity or arising out of such Person’s status as such, upon Board Approval.

• Unless otherwise determined by Board Approval, management of the Company, either in whole or in part, shall not be vested in a manager.

• By Board Approval, the Company may indemnify any Representative of a Member or any Person serving as a member of the Board of Directors or as an Officer or other representative or agent of the Company, and may advance expenses, including attorneys’ fees, in the defense or prosecution of a claim against him or her in such capacity.

• All Officers appointed by the Board of Directors shall have the duties and responsibilities and shall serve for such terms as shall be set forth in the Operations Guideline Document or as otherwise determined by Board Approval.

• Unless expressly otherwise provided herein or by Board Approval, a Representative selected to serve in an Officer position shall continue to serve in his or her capacity as a Representative and shall be entitled to Vote as a Representative on all matters on which the Member that designated such Representative is entitled to Vote.

More Definitions of Board Approval

Board Approval means the approval of a majority of the directors of the Company. Immediately upon any redemption of the Rights described in this paragraph, the right to exercise the Rights will terminate and the only right of the holders of Rights will be to receive the Redemption Price. The terms of the Rights may be amended by the Board of Directors without the consent of the holders of the Rights at any time and from time to time provided that such amendment does not adversely affect the interests of the holders of the Rights. In addition, during any time that the Rights are subject to redemption, the terms of the Rights may be amended by Board Approval, including an amendment that adversely affects the interests of the holders of the Rights, without the consent of the holders of Rights.

Board Approval has the meaning given to it in Section 3.2.

Board Approval means, as to any matter requiring Board Approval hereunder, the unanimous approval or subsequent ratification by a quorum of the Board.

Board Approval means approval by a majority of the members of the Board.

Board Approval means the approval by a vote of a majority of the members of the Board present at a meeting duly called and held or the written consent of all members of the Board.

Board Approval as to any matter requiring Board approval hereunder, the prior approval of the Board.

Board Approval means the affirmative vote of a majority of the Disinterested Directors of the Company or a unanimous written consent of the Board of Directors of the Company duly obtained in accordance with the applicable provisions of the Company's certificate of incorporation, bylaws and applicable law.