Board of Directors Consent. The Board of Directors of the Company shall have adopted resolutions to approve the transactions contemplated by this Agreement and the other Operative Documents (including resolutions that authorize and reserve 100% of the aggregate number of shares of Common Stock issuable upon full conversion of all of the Debentures and full exercise of all of the Warrants), and the other matters referred to herein, and such resolutions shall be in form and substance satisfactory to the Purchasers.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Bearingpoint Inc), Securities Purchase Agreement (Bearingpoint Inc)