Majority Rule Clause Samples
The Majority Rule clause establishes that decisions within a group or organization are determined by the preference of more than half of its members. In practice, this means that when a vote is taken, the option receiving the most votes from the group—typically over 50%—is adopted, regardless of whether there is unanimous agreement. This clause streamlines decision-making processes by preventing deadlock and ensuring that actions can be taken even if not everyone agrees, thereby promoting efficiency and clarity in collective governance or operations.
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Majority Rule. The Commission shall act and advise by af- firmative vote of a majority of its members.
Majority Rule. In the event that the members of the Panel are not unanimous in their views as to any matter to be determined by them pursuant to the STATE Fee Payment Agreement or this Protocol, the determination shall be decided by a vote of a majority of the three members of the Panel.
Majority Rule. When more than two Trustees are serving as Co-Trustees, the agreement of the majority is required to transact business on behalf of the Trust, and if just two Trustees are serving as Co-Trustees the agreement of both shall be required to transact business on behalf of the Trust.
Majority Rule. A majority of the members of the Committee shall constitute a quorum, and any action taken by a majority at a meeting at which a quorum is present, or any action taken without a meeting evidenced by a writing executed by all the members of the Committee, shall constitute the action of the Committee.
Majority Rule except as provided in this Agreement, resolutions of the Directors of the Company shall be deemed to be passed if approved by a majority of the Directors of the Company which includes a Director nominated by CCIC and a Director nominated by TdF voting thereon at a meeting of Directors of the Company at which a Director nominated by CCIC and a Director nominated by TdF is present, provided the meeting is duly convened and held after notice provided in accordance with clause 3.3(i) (which meeting may be a telephone meeting conducted as provided in the Articles of Association), or approved in writing signed by all the Directors of the Company in accordance with the Company's Constitution; provided that, at any time after the TdF Rollup shall have occurred pursuant to the Governance Agreement and TDF shall have ceased to be Qualified, for the purposes of any resolution of the board of the Directors of the Company approving any of the matters referred to in clauses 6.1(p) or 6.2(o), the majority of the Directors of the Company does not require a Director nominated by TdF.
Majority Rule. Except as provided to the contrary elsewhere herein, all Member matters shall be decided by a majority vote of the Members, including any and all matters requiring “approval by the Members”, matters that must be “decided by the Members”, “determined by the Members” or “approved by the Members” or matters requiring the “decision” of the Members, or any other provision in this Agreement requiring affirmation, approval or decision by the Members. Notwithstanding the foregoing or anything herein to the contrary, in matters involving dissociation of a Member or Members, the vote shall be decided by the majority vote of the non-dissociated Member(s), with any disputes, among any one or more Members, including the dissociated Member(s) or such Member(s)’s successor(s), as to the appropriateness of dissociation and the rights related to dissociation being decided by arbitration pursuant to Section 32, where the dissociated Member(s) object(s) to the dissociation and/or the terms of any cross-purchase or redemption made pursuant to Sections 7.b and requires arbitration.
Majority Rule. The Committee shall act by a majority of its members in office. The Committee may act either by vote at a meeting or by a memorandum or other written instrument signed by a majority of the Committee.
Majority Rule. All activities or transactions must be approved by a majority percentage of votes of the subscribers.
Majority Rule. Chairman and CEO each have a full veto authority regardless of votes in majority favor.
Majority Rule. The Committee shall act by a majority of its members in attendance at a meeting, or to the extent permitted by law and the Bylaws, by telephonic meeting, at which a quorum is present or by a memorandum or other written instrument signed by all members of the Committee.