Common use of Powers of Board Clause in Contracts

Powers of Board. The board may, at any time: (a) revoke the authority given to a committee, or override a decision made by a committee, except as to acts done before such revocation or overriding; (b) terminate the appointment of, or change the membership of, a committee; and (c) fill vacancies in a committee.

Appears in 6 contracts

Sources: Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement (Asep Medical Holdings Inc.), Amalgamation Agreement

Powers of Board. The board may, at any time: (a) revoke or alter the authority given to a committee, or override a decision made by a committee, except as to acts done before such revocation revocation, alteration or overriding; (b) terminate the appointment of, or change the membership of, a committee; and (c) fill vacancies in a committee.

Appears in 3 contracts

Sources: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc), Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement

Powers of Board. The board may, at any time:, (a) revoke the authority given to a committee, or override a decision made by a committee, except as to acts done before such revocation or overriding;, (b) terminate the appointment of, or change the membership of, a committee; , and (c) fill vacancies in a committee.,

Appears in 2 contracts

Sources: Amalgamation Agreement, Amalgamation Agreement

Powers of Board. The board may, at any time, with respect to a committee appointed under Section 18.1 or Section 18.2: (a1) revoke or alter the authority given to a the committee, or override a decision made by a the committee, except as to acts done before such revocation revocation, alteration or overriding; (b2) terminate the appointment of, or change the membership of, a the committee; and (c3) fill vacancies in a the committee.

Appears in 2 contracts

Sources: Arrangement Agreement (Foremost Clean Energy Ltd.), Arrangement Agreement (Foremost Clean Energy Ltd.)