Board of Trustees Approval Clause Samples
The Board of Trustees Approval clause requires that certain actions, decisions, or agreements receive formal consent from the organization's board of trustees before they can take effect. In practice, this means that major transactions, policy changes, or significant expenditures must be reviewed and authorized by the board, ensuring oversight and alignment with the organization's mission and governance standards. This clause serves to centralize decision-making authority, promote accountability, and prevent unauthorized or imprudent actions by management or other parties.
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Board of Trustees Approval. BSRT hereby represents and warrants that its Board of Trustees has approved this Second Amendment on April 9, 2001.
Board of Trustees Approval. BSRT hereby represents and warrants that its Board of Trustees has approved this First Amendment on March 28, 2001.
Board of Trustees Approval. This Agreement and the recognition and naming provided for herein are subject to the approval by the Board of Trustees of KC and this Agreement will not be effective unless and until approved by the Board.
Board of Trustees Approval. This agreement is subject to Purchaser’s eligibility for membership in Crestwood Village Co-op Four, Inc. and to the approval of such membership by the Board of Trustees. In the event Purchaser is not eligible for membership and/or does not receive such approval, this agreement shall become null and void, all deposit monies paid shall be returned to Purchaser and parties shall have no further liabilities or obligations hereunder.
Board of Trustees Approval. June 5, 2019 SAN ▇▇▇▇ OBISPO COUNTY COMMUNITY COLLEGE DISTRICT CUESTA COLLEGE TEMPORARY, PART-TIME & FULL-TIME OVERLOAD LABORATORY/HOURLY FACULTY SALARY SCHEDULE Effective July 1, 2019 COLUMN A - COLUMN B - COLUMN C - COLUMN D - COLUMN E - COLUMN F - COLUMN G - B.A. M.A. B.A. + B.A. + B.A. + B.A. + Doctorate 45 ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ & M.A. & M.A. & M.A. & M.A. Step * Hourly * Hourly * Hourly * Hourly * Hourly * Hourly * Hourly 3 836 46.42 877 48.74 919 51.05 960 53.36 1,002 55.69 1,044 57.98 1,085 60.28 4 877 48.74 919 51.05 960 53.36 1,002 55.69 1,044 57.98 1,085 60.28 1,127 62.59 5 919 51.05 960 53.36 1,002 55.69 1,044 57.98 1,085 60.28 1,127 62.59 1,168 64.90 6 960 53.36 1,002 55.69 1,044 57.98 1,085 60.28 1,127 62.59 1,168 64.90 1,210 67.21 7 1,002 55.69 1,044 57.98 1,085 60.28 1,127 62.59 1,168 64.90 1,210 67.21 1,251 69.52 8 1,044 57.98 1,085 60.28 1,127 62.59 1,168 64.90 1,210 67.21 1,251 69.52 1,293 71.83 9 1,085 60.28 1,127 62.59 1,168 64.90 1,210 67.21 1,251 69.52 1,293 71.83 1,334 74.14 10 1,127 62.59 1,168 64.90 1,210 67.21 1,251 69.52 1,293 71.83 1,334 74.14 1,376 76.45 11 1,168 64.90 1,210 67.21 1,251 69.52 1,293 71.83 1,334 74.14 1,376 76.45 1,418 78.77 12 1,210 67.21 1,251 69.52 1,293 71.83 1,334 74.14 1,376 76.45 1,418 78.77 1,459 81.07 13 1,251 69.52 1,293 71.83 1,334 74.14 1,376 76.45 1,418 78.77 1,459 81.07 1,502 83.44 14 1,293 71.83 1,334 74.14 1,376 76.45 1,418 78.77 1,459 81.07 1,502 83.44 1,546 85.87 *Note: amount is computed for one semester hour, for the 18 week semester, and includes flex activities and finals week.
Board of Trustees Approval. June 5, 2019 TEMPORARY, PART-TIME & FULL-TIME OVERLOAD TWO-THIRDS LABORATORY/HOURLY FACULTY SALARY SCHEDULE B.A. M.A. B.A. + B.A. + B.A. + 45 Units 60 Units 75 Units & M.A. & M.A. & M.A. B.A. + 90 Units & M.A. Doctorate Hourly Hourly Hourly Hourly Hourly Hourly 4 5 6 7 8 9
Board of Trustees Approval. 12.1 The parties understand that, in accordance with a resolution of the Board of Governors of the University of North Carolina, this Agreement shall not be valid until it is approved by the Board of Trustees of Appalachian State University.
Board of Trustees Approval. 1. Buyer's obligations hereunder are contingent upon Buyer obtaining the requisite authorization and approval of the Board of Trustees of Buyer with respect to Buyer's execution, delivery and performance of this Agreement on or before the Inspection Period Expiration Date. Upon Buyer's obtaining said authorization and approval, no other proceedings on the part of Buyer will be necessary to authorize this Agreement or permit Buyer to consummate the transactions so contemplated herein, and this Agreement will then constitute a valid and binding obligation of Buyer, enforceable in accordance with its terms.
2. In the event Buyer is unable to obtain said authorization and approval of the Board of Trustees of Buyer, within the above referenced period, Buyer shall have the right, at its option, to terminate this Agreement on or before the Inspection Period Expiration Date, and upon such termination, the Deposit shall be immediately refunded to Buyer, and thereupon the parties hereto shall have no further liabilities to each other with respect to the subject matter of this Agreement.
Board of Trustees Approval. Sellers shall have received within five (5) Business Days after the date of execution and delivery of this Agreement by both parties, the approval of the transactions contemplated by this Agreement from MGI's Board of Trustees. Seller shall promptly notify Purchaser in writing if and when this condition is satisfied. If this condition is not satisfied, Seller shall promptly notify Purchaser, the Deposit shall be refunded to Purchaser and all obligations of the parties hereto shall cease and this Agreement shall be void and without recourse to the parties hereto (except those provisions which are expressly intended to survive such termination).
Board of Trustees Approval. The Agreement is subject to and conditional upon the Vendor obtaining the Board of Trustees approval within thirty (30) calendar days of acceptance of this Agreement of Purchase and Sale, failing which this Agreement shall become null and void and the Purchaser’s deposit shall be returned in full, without deduction or interest. The Vendor shall have the right, at its sole and absolute discretion to extend the date allowed for fulfillment of the condition set out in this section 5.1(b), from time to time, provided such extension does not exceed a total of ninety (90) days from the original date set for fulfillment.