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.
The Michigan Waiver of Special Meeting of Board of Directors — Corporate Resolutions is a legal document that allows a corporation's board of directors to waive the requirement of holding a special meeting in order to pass corporate resolutions. In Michigan, corporations are governed by the Michigan Business Corporation Act (MBC), which mandates that certain actions or decisions by the board of directors must be made at a special meeting. However, situations may arise where it is impractical or unnecessary to convene a special meeting for every decision that needs to be made. The Michigan Waiver of Special Meeting of Board of Directors — Corporate Resolutions provides a mechanism to bypass the requirement of holding a special meeting, allowing the board of directors to pass resolutions without physically convening. By utilizing this waiver, the board of directors can expedite decision-making processes, avoid logistical challenges associated with gathering all members together, and save time and resources. The waiver is often used when there is unanimous agreement among the directors on a particular issue and when the matter is not of significant magnitude or urgency that necessitates a physical meeting. The contents of the waiver typically include the identification of the corporation, the board of directors, and the specific resolution(s) being waived. It must be signed by all the directors or their duly authorized representatives, acknowledging their consent to waive the special meeting requirement. It is important to note that there may be variations or different types of this waiver depending on the specific circumstances or requirements of the corporation. For example, some waivers may only be valid for specific types of resolutions, while others may be more general and encompass a broader range of decisions. It is essential for corporations to consult with legal professionals to ensure that the waiver is properly drafted and executed in accordance with applicable laws and bylaws.The Michigan Waiver of Special Meeting of Board of Directors — Corporate Resolutions is a legal document that allows a corporation's board of directors to waive the requirement of holding a special meeting in order to pass corporate resolutions. In Michigan, corporations are governed by the Michigan Business Corporation Act (MBC), which mandates that certain actions or decisions by the board of directors must be made at a special meeting. However, situations may arise where it is impractical or unnecessary to convene a special meeting for every decision that needs to be made. The Michigan Waiver of Special Meeting of Board of Directors — Corporate Resolutions provides a mechanism to bypass the requirement of holding a special meeting, allowing the board of directors to pass resolutions without physically convening. By utilizing this waiver, the board of directors can expedite decision-making processes, avoid logistical challenges associated with gathering all members together, and save time and resources. The waiver is often used when there is unanimous agreement among the directors on a particular issue and when the matter is not of significant magnitude or urgency that necessitates a physical meeting. The contents of the waiver typically include the identification of the corporation, the board of directors, and the specific resolution(s) being waived. It must be signed by all the directors or their duly authorized representatives, acknowledging their consent to waive the special meeting requirement. It is important to note that there may be variations or different types of this waiver depending on the specific circumstances or requirements of the corporation. For example, some waivers may only be valid for specific types of resolutions, while others may be more general and encompass a broader range of decisions. It is essential for corporations to consult with legal professionals to ensure that the waiver is properly drafted and executed in accordance with applicable laws and bylaws.
