Administration Clause Example from Business Contracts

This example Administration clause appears in 5 contracts from 5 companies

Administration. Other than with respect to rights, duties, obligations and immunities of the Rights Agent, the Board of Directors (or a duly authorized committee of the Board of Directors) shall have the exclusive power and authority to administer and interpret the provisions of this Agreement and to exercise all rights and powers specifically granted to the Board of Directors or the Company or as may be necessary or advisable in the administration of this Agreement. All such actions, calculations, determinatio...ns and interpretations which are done or made by the Board of Directors (or a duly authorized committee of the Board of Directors) in good faith shall be final, conclusive and binding on the Company, the Rights Agent, holders of the Rights and all other parties and shall not subject the Board of Directors (or a duly authorized committee of the Board of Directors) to any liability to the holders of the Rights. The Rights Agent is entitled always to assume that the Board of Directors (or a duly authorized committee of the Board of Directors) acted in good faith and shall be fully protected and incur no liability in reliance thereon. View More
Found in Clear Channel Outdoor Holdings, Inc. contract
Tailored Brands, Inc. Contracts

Rights Agreement, dated as of March 30, 2020, between Tailored Brands, Inc. and American Stock Transfer & Trust Company, LLC, as rights agent (Filed With SEC on March 31, 2020)

Clear Channel Outdoor Holdings, Inc. Contracts

Rights Agreement, dated as of May 19, 2020, between Clear Channel Outdoor Holdings, Inc. and Computershare Trust Company, N.A., as rights agent (Filed With SEC on May 19, 2020)

NEUROTROPE BIOSCIENCE, INC. Contracts

Rights Agreement, dated as of January 19, 2021, between Synaptogenix, Inc. and Philadelphia Stock Transfer, Inc., as rights agent (Filed With SEC on January 19, 2021)

LEE ENTERPRISES, INC Contracts

Rights Agreement, dated as of November 24, 2021, between Lee Enterprises, Incorporated and Equiniti Trust Company, as rights agent (Filed With SEC on November 24, 2021)

Del Frisco's Restaurant Group, Inc. Contracts

Rights Agreement, dated as of December 5, 2018, between Del Friscos Restaurant Group, Inc. and American Stock Transfer & Trust Company, LLC, as rights agent (Filed With SEC on December 6, 2018)