Board votes Sample Clauses

Board votes. In order for any vote, other than elections of Board members, to be binding a quorum of a simple majority of eligible voting members is required. Two-thirds of eligible voting members must be present in order for elections to be valid. Unless otherwise specific in this Operations Manual, the act of a majority of eligible voting board members shall be considered an act by the entire Board of Directors. The President of PSB shall vote only in the case of a tie vote. Any Board member holding more than one Board position shall be entitled to only one vote. If the President holds more than one Board position, he or she shall only vote in case of a tie vote. A Board vote shall be necessary to approve any expenditure of $200 or more. If he or she deems it necessary, the Treasurer may ask for Board approval of expenditures under this amount. Article IV:
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Board votes. For so long as any Stockholder or Investor Group is entitled to designate one or more directors on the Board, each Stockholder agrees to cause its (or its Investor Group's) designees on the Board to cast their votes as directors with respect to any of the matters described in Section 2.01 above in a manner consistent with the agreements set forth in Section 2.01 above; provided, that nothing in this Voting Agreement shall be deemed to require a director to take any action, or refrain from acting, in a manner inconsistent with such director's fiduciary duties under Delaware law.
Board votes. That the financial and capital plan be approved by sufficient municipalities representing 75% of financial contributions and three municipality members required and that all other decisions be approved based on a majority vote.
Board votes. The voting of shares pursuant to this Agreement may be effected in person, by proxy, by written consent or in any other manner permitted by applicable law. Each of the Company Stockholders hereby grants to the Board, in the event that such Company Stockholder fails to vote its shares of the capital stock of the Company as required by Sections 2.1 and 3.4 of this Agreement, a proxy coupled with an interest in all shares of the capital stock of the Company beneficially owned by such Company Stockholder, which proxy is irrevocable until this Agreement terminates pursuant to its terms or this Section 5.1 is amended to remove such grant of proxy in accordance with Section 7.5 of this Agreement.

Related to Board votes

  • Parent Vote Immediately following the execution and delivery of this Agreement, Parent, in its capacity as the sole stockholder of Merger Sub, will execute and deliver to Merger Sub and the Company a written consent approving the Merger in accordance with the DGCL.

  • Required Vote The affirmative vote of the holders of shares representing a majority of the voting power of the outstanding shares of the Company Common Stock is the only vote required, if any, of the holders of any class or series of capital stock or other Equity Interests of the Company to approve and adopt this Agreement and the transactions contemplated hereby, including the Merger (the “Company Stockholder Approval”).

  • Shareholder Vote The issuance of shares of Common Stock with respect to the applicable Closing, if any, shall not violate the shareholder approval requirements of the Principal Market.

  • Stockholder Vote In connection with any vote of the holders of the Company’s common stock issued in the Initial Public Offering (such stockholders, the “Public Stockholders”) regarding a Business Combination, the Company shall provide to the Trustee an affidavit or certificate of a firm regularly engaged in the business of soliciting proxies and tabulating stockholder votes verifying the vote of the Public Stockholders regarding such Business Combination.

  • Board of Director Approval This Agreement shall have been approved by the Board of Directors of Acquirer.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • Votes Every Voter shall have:

  • Quorum; Voting A majority of the members of any Committee of the Trustees shall constitute a quorum for the transaction of business, and any action of such a Committee may be taken at a meeting by a vote of a majority of the members present (a quorum being present).

  • Proxy Voting The Adviser will vote, or make arrangements to have voted, all proxies solicited by or with respect to the issuers of securities in which assets of a Fund may be invested from time to time. Such proxies will be voted in a manner that you deem, in good faith, to be in the best interest of the Fund and in accordance with your proxy voting policy. You agree to provide a copy of your proxy voting policy to the Trust prior to the execution of this Agreement, and any amendments thereto promptly.

  • Number of Votes With respect to all meetings of stockholders of Parent at which holders of Parent Common Shares are entitled to vote (each, a “Parent Meeting”) and with respect to all written consents sought by Parent from its stockholders including the holders of Parent Common Shares (each, a “Parent Consent”), each Beneficiary shall be entitled to instruct Trustee to cast and exercise one of the votes comprised in the Voting Rights for each Exchangeable Share owned of record by such Beneficiary on the record date established by Parent or by applicable law for such Parent Meeting or Parent Consent, as the case may be (the “Beneficiary Votes”), in respect of each matter, question, proposal or proposition to be voted on at such Parent Meeting or in connection with such Parent Consent.

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