Approval of the Board of Directors definition

Approval of the Board of Directors means the approval or consent of Directors representing a majority vote, and the phrase “Approved by the Board of Directors” has a correlative meaning.
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Examples of Approval of the Board of Directors in a sentence

  • Limits on acquisition of SARs via assignment Approval of the Board of Directors of the Company shall be required for the acquisition of SARs via assignment.

  • Approval of the Board of Directors of the Company As per the provisions of Section 188 of the Act, all kinds of transactions specified under the said Section and which are not in the ordinary course of business and at arm’s length basis, are placed before the Board for its approval.

  • Approval of the Board of Directors as mentioned may be granted generally or for a specific matter.

  • Approval of the Board of Directors of the Bank is required as a condition for receiving a reduced early retirement benefit.

  • Approval of the Board of Directors under Article 398 (Transactions between Directors, etc.

  • Decisions Requiring Prior Approval of the Board of Directors Prior approval of the Board of Directors is required for all significant acquisition transactions, the sale of securities of the Corporation, grants of options under the Corporation's stock option plan, the incurring of debt, the entering into of hedging or forward sales of commodities and compensation of the Chief Executive Officer, the Chief Financial Officer and the directors.

  • Approval of the Board of Directors shall be required for entering into the Related Party Transactions which are not in the ordinary course of business or not an Arm’s Length transaction (as defined in this policy).

  • There are no materially significant related party transactions made by the Company with Promoters, Directors, Key Managerial Personnel or other designated persons which may have a potential conflict with the interest of the Company at large and Approval of the Board of Directors & shareholders was obtained wherever required.

  • Approval of the Board of Directors of the Company As per the provisions of Section 188 of the Act, all kinds of transactions specified under the said Section and which are not in the ordinary course of business or not at arm’s length basis, are placed before the Board for its approval.

  • The Tax Matters Partner agrees to promptly notify the Members upon the receipt of any correspondence from any U.S. federal, state or local tax authorities relating to any examination of the Company’s affairs, to consult with and allow for the participation by the Members in connection with the making of any elections, the progress of any such examination, and further the Tax Matters Partner agrees not to settle any tax matters resulting from such examination without the Approval of the Board of Directors.

Related to Approval of the Board of Directors

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Company Board of Directors means the board of directors of the Company.

  • Board of Directors means the board of directors of the Company.

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

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

  • Board or Board of Directors means the Board of Directors of the Company.

  • the Board means the board of directors of the Company;

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Executive Committee means the Executive Committee of the Board.

  • Member of the Board means an individual who is a member of the Board or of the board of directors of a Subsidiary or an Affiliate.

  • Board means the Board of Directors of the Company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

  • College board means the state board for community and

  • Medical Board means the North Carolina Medical Board.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Supervisory Board means the supervisory board of the Company.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Full Board means the authorized number of voting members of the Board of Education.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Sanctions Committee means the Committee of the United Nations Security Council which was established pursuant to paragraph 18 of United Nations Security Council Resolution ("UNSCR") 1737 (2006);

  • Management Board means the management board of the Company.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • Executive Board means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the commission.