Bylaw Provision definition
Examples of Bylaw Provision in a sentence
When reasonably possible, every Bylaw article, section, subsection, paragraph, sentence, clause, or provision (collectively, “Bylaw Provision”) must be interpreted in a manner by which the Bylaw Provision is valid.
The invalidation of a Bylaw Provision by an Entity possessing proper jurisdiction and authority, which invalidation does not alter the fundamental rights, duties, and relationship between the Cooperative and Members, does not invalidate the remaining Bylaw Provisions.
The Company shall have rescinded the Supermajority Bylaw Provision by adopting an amendment to the Bylaws to eliminate the Supermajority Bylaw Provision, such rescission to be effective on or prior to the Effective Time.
On November 5, 1997, the Board adopted an amendment to the Bylaws (the "Supermajority Bylaw Provision") requiring that all formal resolutions, acts and decisions of the Board must be approved by a majority vote plus one director.
No Inconsistent Agreements; Conflicting Charter or Bylaw Provision .................................................
Any Bylaw Provision amended by the Shareholders pursuant to this Section 14.2 may be subsequently amended by the Board of Directors (except for any amendment to the Bylaw Provisions adopted by the Shareholders that specifies the vote necessary for the election of Directors) or the Shareholders in the manner permitted by this Section 14.2.
The Company will rescind the Supermajority Bylaw Provision by adopting an amendment to the Bylaws to eliminate the Supermajority Bylaw Provision, such rescission to be effective on or prior to the Change of Board Control Date.