Common use of Certain Board Actions Clause in Contracts

Certain Board Actions. The parties agree that without the prior unanimous approval of the Directors designated by MUSI, Finpart International and the Frisby Stockholders, the Company will not: (a) dissolve, liquidate, recapitalize or reorganize the Company; or (b) commence any case, proceeding or other action relating to bankruptcy or reorganization of the Company.

Certain Board Actions. The parties agree that without the prior --------------------- unanimous approval of the Directors designated by MUSI, Finpart International and the Frisby Stockholders, the Company will not: (a) dissolve, liquidate, recapitalize or reorganize the Company; or (b) commence any case, proceeding or other action relating to bankruptcy or reorganization of the Company.

Certain Board Actions. The parties agree that without the prior unanimous approval of the Directors designated by MUSI, Finpart International MUSI and the Frisby Stockholders, the Company will not: (a) dissolve, liquidate, recapitalize or reorganize the Company; or (b) commence any case, proceeding or other action relating to bankruptcy or reorganization of the Company.