This is a Business Credit Application for an individual seeking to obtain credit for a purchase from a business. It includes provisions for re-payment with interest, default provisions, disclaimer of warranties by the Seller and retention of title for goods sold on credit by the Seller.
A California Waiver of Special Meeting of Board of Directors — Corporate Resolutions is a legal document that allows the directors of a corporation to waive the requirement of holding a special board meeting for certain decisions or resolutions. This waiver is commonly used when the directors are unable to physically attend a meeting due to time constraints, geographical limitations, or other circumstances. The waiver form provides a streamlined and efficient alternative to convening a physical meeting, enabling the board of directors to approve important resolutions without the need for a physical gathering. Instead of gathering in person, the directors can simply sign and submit the waiver, giving their consent to the proposed resolution. The document typically includes essential information such as the name of the corporation, the date of the waiver, and a description of the resolution that the directors are approving. It may also include specific language stating that the directors have reviewed the resolution and believe it to be in the best interest of the corporation. The waiver of special meeting can be used for various types of resolutions that don't require a physical meeting, such as approving financial transactions, authorizing contracts or agreements, appointing officers, or issuing company stock. Different types of resolutions may require specific language or additional provisions, depending on the nature of the decision being made. Some common types of waivers of special meeting resolutions in California may include: 1. Waiver for Financial Transactions: This type of waiver allows the directors to approve financial transactions, such as the purchase or sale of assets, loans, investments, or the declaration of dividends. 2. Waiver for Appointment of Officers: This waiver enables the board of directors to appoint or remove officers of the corporation, including positions such as CEO, CFO, or Secretary. 3. Waiver for Stock Issuance: Directors can use this waiver to authorize the issuance of company stock, including common stock, preferred stock, or stock options, granting ownership to individuals or entities. 4. Waiver for Contract Approvals: This type of waiver allows the board of directors to approve and authorize contracts or agreements on behalf of the corporation, such as partnerships, joint ventures, or major service agreements. These are just a few examples of the various types of waivers commonly used by corporations in California. The specific content and language of the waiver may vary depending on the unique circumstances and requirements of the corporation and the resolution being approved. It is important to consult with legal professionals or corporate advisors to ensure that the waiver is tailored to meet the specific needs of the corporation and complies with California corporate laws and regulations.
