Common use of Procedure for Closing Clause in Contracts

Procedure for Closing. Termination, Amendment, Extension or Waiver. A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver pursuant to Section 7.04 shall, in order to be effective, require (a) in the case of Saratoga, action by its Board of Directors or the duly authorized designee of its Board of Directors and (b) in the case of Agents, action by its Board of Directors.

Procedure for Closing. Termination, Amendment, Extension or Waiver. A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver pursuant to Section 7.04 shall, in order to be effective, require (a) in the case of SaratogaUnited, action by its Board of Directors or the duly authorized designee of its Board of Directors and (b) in the case of AgentsQDI, action by its Board of Directors.

Procedure for Closing. Termination, Amendment, Extension or Waiver. A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver pursuant to Section 7.04 shall, in order to be effective, require (a) in the case of Saratoga, action by its Board of Directors or the duly authorized designee of its Board of Directors and (b) in the case of AgentsVirtual, action by its Board of Directors.

Procedure for Closing. Termination, Amendment, Extension or Waiver. A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver pursuant to Section 7.04 shall, in order to be effective, require (a) in the case of SaratogaStorm, action by its Board of Directors or the duly authorized designee of its Board of Directors and (b) in the case of AgentsNorth Coast, action by its Board of Directors.