A New York Waiver of Notice of Special Meeting of Directors refers to a legal document that allows directors of a company to waive their right to receive prior notice for a special meeting. This waiver is crucial in situations where there is an urgent need to convene a meeting and time is of the essence, allowing for quick decision-making without any delay. Companies in New York may have different types of waivers, such as: 1. Unanimous Waiver of Notice of Special Meeting of Directors: This type of waiver is executed when all directors of a company agree to waive their right to notice for a special meeting unanimously. It demonstrates a complete consensus among directors and ensures that everyone is on board with the decision to hold the meeting without prior notice. 2. Majority Waiver of Notice of Special Meeting of Directors: In some cases, a company may require a majority of directors to waive their right to notice before proceeding with a special meeting. This type of waiver demonstrates that the majority of directors are aware of and approve of the meeting, ensuring that decisions made at the meeting hold validity. 3. Conditional Waiver of Notice of Special Meeting of Directors: A conditional waiver is executed when directors agree to waive their right to notice on the condition that certain requirements or conditions are met before the meeting takes place. This type of waiver allows directors to have some control or influence over the circumstances under which the meeting is held. When drafting a New York Waiver of Notice of Special Meeting of Directors, it is important to include relevant keywords to ensure the document is clear and legally binding. Some relevant keywords may include: company name, date of the waiver, names of directors involved in the waiver, type of waiver (unanimous, majority, conditional), special meeting description, acknowledgement of waiver, legal implications, and signatures of directors.