Affirmative Vote definition

Affirmative Vote means more than fifty percent (50%) of the Managers voting by class, with the Manager(s) appointed by the Class A Members having collectively fifty percent (50%) of the vote and with the Manager appointed by the Class B Members having fifty percent (50%) of the vote.
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Affirmative Vote means the affirmative vote or consent of the Voting Investors holding more than 50% of the Percentage Interests held by all Voting Investors.
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Affirmative Vote of the Members shall mean the affirmative vote of Members holding more than seventy-five percent (75%) of the issued and outstanding Interests of the Fund.
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Examples of Affirmative Vote in a sentence

  • Affirmative Vote Items are: (i) alteration of share capital and issuance of new shares; (ii) diversification of activities by the Target Company into areas unrelated to the business, (iii) merger, amalgamation, restructuring, winding up etc.

  • The members of the OP Lohia Group agree to act and vote in a manner as may be prescribed by the Acquirer except in relation to Affirmative Vote Items (as set out in the Investment Agreement).2.1.4.2.4 The Inter-Se Agreement provides for certain restrictions on transfer of shareholding in the Target Company by the OP Lohia Group as well as the Acquirer in the manner set out in the Inter-Se Agreement.

  • Affirmative Vote Requirement Deemed Met.—After the appropriate state development plan and strategy statement are approved, certification by a state member, when joined by an affirmative vote of the Federal Cochairman, is deemed to satisfy the requirements for affirmative votes for decisions under section 14302(a) of this title.

  • Affirmative Vote 8 AYES 0 NAYES 0 ABSTENTIONS Motion carried 8-0 in voice vote.

  • However preference shareholder of series B2 shall have only those voting rights as are provided to preference shareholders under the Act and the right to vote on the Affirmative Vote Matters.

  • The term "Additional Civic Assessment Increase" shall mean any increase in the Civic Assessment Rate from 5.35 percent up to and including the 6.00 percent cap, which was approved by the Affirmative Vote of a Majority of the Classes at a special meeting of the Members called for that purpose on July 18, 2001.

  • Affirmative Vote Ayes Nays Abstentions `````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````` Motion to Enter Public SessionMotion made by ; seconded by _ upon the recommendation of the Superintendent of Schools, the Caldwell-West Caldwell Board of Education returned to Open Session atpm.

  • Constituencies cast their vote on the dedicated Affirmative Vote platform.

  • BOD/2017/12-04—Adjustments to the Affirmative Vote Procedure: The Board of Directors:1.

  • Noting that the Affirmative Vote procedure is still in its early stage, approves the proposed improvements as set out in BOD/2017/12DOC 03 Annex 4 and requests the Governance and Ethics Committee to report back to the Board in December 2018 on the effectiveness of the procedure, including progress made in the implementation of the adjustments, and recommend further adjustments where necessary.


More Definitions of Affirmative Vote

Affirmative Vote shall have the meaning set forth in Section 11 hereof.
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Related to Affirmative Vote

  • Required Vote has the meaning ascribed thereto in Section 2.2(b);

  • Active voter means a registered voter who has not been classified as an inactive

  • Affirmative consent means affirmative, conscious, and voluntary agreement to engage in sexual activity.

  • Eligible Voter means, for the purpose of voting in respect of Land matters under this Land Code, a Member who has attained eighteen (18) years of age on or before the day of the vote;

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • e-voting means voting using either the internet, telephone or text message; “e-voting information” has the meaning set out in rule 24.2;

  • Inactive voter means a registered voter who has:

  • vote of a majority of the outstanding voting securities" shall mean the vote, at a meeting of Holders, of the lesser of (a) 67 per centum or more of the Interests in the Trust present or represented by proxy at the meeting if the Holders of more than 50 per centum of the outstanding Interests in the Trust are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding Interests in the Trust. The terms "Holders" and "Interests" when used herein shall have the respective meanings specified in the Declaration of Trust of the Trust.

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Vote ’ means one of the main segments into which a budget of a municipality is divided for the appropriation of funds for the different departments or functional areas of the municipality; and which specifies the total amount that is appropriated for the purposes of the department or functional area concerned.

  • Majority Vote means a vote made by more than half of the Members who are present at a Meeting and who are entitled to vote and voting at that Meeting upon a resolution put to that Meeting.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Votes means the number of votes entitled to be cast generally in the election of Directors.

  • Subordinate Voting Shares means the subordinate voting shares in the capital of the Corporation;

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Qualified voter means a person who is entitled to vote pursuant to the Constitution of Virginia and

  • Write-in vote means a vote cast for a person whose name is not printed on the

  • Simple Majority means a decision made by the Management Committee by more than 50 percent of the votes represented and entitled to be cast at a meeting thereof.

  • Scratch vote means to mark or punch the straight party ticket and then mark or

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Majority Interests Vote means the vote, at a meeting of Holders, of (A) 67% or more of the Interests present or represented at such meeting, if Holders of more than 50% of all Interests are present or represented by proxy, or (B) more than 50% of all Interests, whichever is less.

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Affirmative action means action appropriate to overcome the effects of past or present practices, policies, or other barriers to equal employment opportunity.