Prior approval of circulars Clause Samples

The "Prior approval of circulars" clause requires that any circulars, notices, or similar communications intended for distribution to a group (such as shareholders, employees, or customers) must first be reviewed and approved by a designated authority, often the board of directors or a specific officer. In practice, this means that before any official information or announcements are sent out, they must undergo a formal approval process to ensure accuracy, compliance, and alignment with company policy. This clause helps prevent the dissemination of unauthorized or potentially misleading information, thereby protecting the organization from legal or reputational risks.
Prior approval of circulars. (a) Except as otherwise agreed by the Trustee and the Manager, where the Manager has prepared any: (i) Information Memorandum; or Master Trust ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇▇ -------------------------------------------------------------------------------- (ii) circular, offer letter, notice, report or the like to Noteholders, or prospective Noteholders (a Publication) for a Trust, the Manager shall submit the Information Memorandum or Publication to the Trustee for the Trustee's approval (in the case of any document required by law to be the responsibility of the Trustee) or information (in any other case) prior to the issue of the document (unless otherwise waived by the Trustee). (b) Where the Manager has prepared any Information Memorandum or Publication which names, or purports to be issued by or on behalf of, a Servicer or an Approved Seller, the Manager shall submit the Information Memorandum or Publication to the Servicer or Approved Seller (as the case may be) for its consent (not to be unreasonably withheld) prior to the issue of the document (unless the Servicer or Approved Seller otherwise agrees).
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Prior approval of circulars. Where the Trust Manager has prepared any:
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Related to Prior approval of circulars

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Approval of Listing At the Closing Time, the Securities shall have been approved for listing on the New York Stock Exchange, subject only to official notice of issuance.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.