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'Written consent' refers to a formal agreement documented in writing, where individuals express their approval or agreement on certain actions or decisions. In the business context, it often pertains to shareholders or directors agreeing on critical matters without a meeting. For companies in Louisiana, the Action by Unanimous Written Consent of the Shareholders of (Name of Company) serves as a practical tool to formalize decisions efficiently.
Shareholder action by written consent refers to corporate shareholders' right to act by written consent instead of a meeting. This type of consent avoids some of the negative characteristics of shareholder meetings.
Shareholder Consent means the written consent of the shareholders of Seller holding the requisite number of votes required to approve this Agreement and the transactions contemplated by this Agreement in accordance with Seller's Organizational Documents and Applicable Law.
B. An action taken by shareholders without a shareholders' meeting must be taken by all shareholders and must be evidenced by written consent of all shareholders of the corporation if any of the following applies: 1. The action involves the election of directors or the removal of one or more directors.
Shareholder action by written consent refers to corporate shareholders' right to act by written consent instead of a meeting. This type of consent avoids some of the negative characteristics of shareholder meetings.
Shareholder Consent means the written consent of the shareholders of Seller holding the requisite number of votes required to approve this Agreement and the transactions contemplated by this Agreement in accordance with Seller's Organizational Documents and Applicable Law.
Written Consent means a signed form with the customer's signature received by the Company through mail, facsimile, or email. A customer may also digitally sign a form that is transmitted to the Company.
Unanimous Written Consent means a written consent executed by at least one representative of each Member.
Related Definitions Unanimous Written Consent means a written consent executed by at least one representative of each Member.
An Action by Unanimous Written Consent, also known as an Action Without Meeting (or simply, a unanimous written consent), is a document through which the Board of Directors of an organization decides to pass a specific corporate resolution (or resolutions) without having a face-to-face meeting.