Board Vote definition

Board Vote means a vote of the Board of Directors, which may be evidenced by a certificate of the Secretary or an Assistant Secretary of the Company which states that such vote has been duly adopted by the Board of Directors and is in full force and effect.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Board Vote shall have the meaning specified in Section 3.2(c) hereof.

Board Vote means a copy of a resolution certified by the Clerk or an Assistant Clerk of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification. “Business Day,” when used with respect to any Place of Payment or any other particular location referred to in this Indenture or in the Securities, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions generally in any Place of Payment or Corporate Trust Office, are authorized or obligated by law or executive order to close.

Examples of Board Vote in a sentence

Any future Capital Contributions made by any Member may only be made with the consent of the Board by Supermajority Board Vote and in accordance with the terms of this Agreement.
With respect to any matter, action or transaction before the Board, other than a matter, action, or transaction subject to Supermajority Board Vote as set forth herein, the act of a number of Directors representing the majority of the votes of the Directors shall be the act of the Board.
The Board by Supermajority Board Vote is hereby authorized, subject to Section 15.9, to amend this Agreement to reflect such issuance and to fix the relative privileges, preference, duties, liabilities, obligations and rights of any such New Interests, including the number of such New Interests to be issued, the preference (with respect to Distributions, in liquidation or otherwise) over any other Units and any contributions required in connection therewith.
The Board may, by Supermajority Board Vote, designate from among the Directors and Alternate Directors one or more committees, each of which shall be comprised of one or more Directors and Alternate Directors.
This Agreement may not be modified, amended, changed or supplemented, nor may any obligations hereunder be waived, except by written instrument signed by both parties and approved by Super-Majority Board Vote.
If any vacancy shall occur in the office of any Executive Officer, such vacancy shall be filled by appointment made by a Majority Board Vote.
To the extent permissible under applicable law, the Fiscal Year may be changed by a Majority Board Vote.
The Board may, by resolution passed by a Majority Board Vote, designate one or more additional committees, each committee to consist of one or more of the Directors.
In determining such unrealized gain or unrealized loss, the fair market value of the property of the Company as of any date of determination shall be reasonably determined by Majority Board Vote.
The Company's independent public accountant may be changed at any time by a Majority Board Vote.

More Definitions of Board Vote

Board Vote means a copy of a vote certified pursuant to an officers' certificate to have been duly adopted by the Board of Directors of the Company or a Subsidiary, as applicable, and to be in full force and effect.

Board Vote means an affirmative vote by a majority of the Board of Directors.