Majority of a Quorum definition

Majority of a Quorum means a majority of votes represented and voting at a duly held meeting at which a quorum is present, California Corporations Code §5034.
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Majority of a Quorum means the vote of a majority of the votes cast at a meeting or by written or secret ballot when the number of Members attending the membership meeting in person or by proxy, or the number of ballots cast by ballot equals or exceeds the quorum requirement specified in Section 5.05, below. Any Member who is unable to attend a membership meeting in person may be represented at the meeting by a designated proxy (see Section 4.05, below). For purposes of any Member vote to approve increases in the Regular Assessment that require Member approval or Special Assessments that require Member approval pursuant to Civil Code section 5605, the minimum quorum for valid Member action is more than fifty percent (50%) of the Members (See Section 5.05(a)(i), below).
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Majority of a Quorum means the majority of the votes cast when the number of members casting a vote equals or exceeds the quorum requirement for Member action, as specified by these Bylaws or otherwise by statute.
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Examples of Majority of a Quorum in a sentence

  • These Bylaws may be amended by approval of the Board and the affirmative vote of a Majority of a Quorum of the Members.

  • Except as otherwise provided in subparagraph (c) hereof, a director may only be removed from office prior to expiration of his or her term by the affirmative vote of a Majority of a Quorum of the Members.

  • In determining the appropriateness of an exemption, a court shall ensure that only essential services are protected under this subdivision.(b) This exemption shall not apply to any consensual pledges, liens, or encumbrances that have been approved by a Majority of a Quorum of the Members, pursuant to Section 4070, at a member meeting or election, or to any state tax lien, or to any lien for labor or materials supplied to the common area.5625.

  • New regulations to deposit and supply microbiomes need a global coordination effort where MIRRI has a pivotal role.

  • Unless an exception as set forth in Civil Code section 4600 applies, the approval of a Majority of a Quorum shall be required before the Board may grant exclusive use of any portion of the Common Area to a particular Owner.2.12 Safety and Security.

  • Except as otherwise provided in subparagraph (c) and (e) hereof, a director may only be removed from office prior to expiration of his or her term by the affirmative vote of a Majority of a Quorum of the Members.

  • That quorum percentage is currently a majority of the Members; anda ffirmative vote of a Majority of a Quorum of the Members, with the minimum quorum percentage being fifty percent (50%) of the Members, (Civil Code section 5605).

  • The determination to seek Member approval for Association action pursuant to this Section shall be made by a majority vote of the Board or by a motion duly approved by the vote of a Majority of a Quorum of the Members present at a regular meeting of the Members pursuant to Section 5.04.

  • Each expenditure is approved only if a Majority of a Quorum vote in favor of it.

  • These Bylaws may be amended bythe affirmative vote of a Majority of a Quorum of the Members.


More Definitions of Majority of a Quorum

Majority of a Quorum means the vote of a majority of the votes cast at a meeting or by written ba1lot when the number of Members attending the membership meeting or the number of written ballots cast equals or exceeds the quorum requirement specified in Section 3.4.
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Majority of a Quorum means the vote of a majority of the votes cast at a meeting or by written ballot when the number of Members attending the meeting in person or by proxy or the number of members casting written ballots equals or exceeds the quorum requirement for Member action, as specified by the Bylaws or otherwise by statute.
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Majority of a Quorum means the vote of a majority of the votes cast at a meeting or by written ballot when the number of Members attending the membership meeting or the number of written ballots cast equals or exceeds the quorum requirement specified in Section 4.5. In the case of membership meetings, the voting power of a particular Member may be represented at the meeting by proxy.
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Related to Majority of a Quorum

  • 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.

  • Age of majority means the age when the procedural safeguards and other rights afforded to the parent or parents of a student with a disability transfer to the student. In Virginia, the age of majority is 18.

  • 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.

  • 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.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Majority (as defined in the 0000 Xxx) of the Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the Board of Directors who are not "interested persons" (as defined in said Act) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. This Agreement is terminable, without penalty, on 60 days' written notice, by the Board of Directors of the Fund or by vote of holders of a majority of the Fund's shares, or upon 90 days' written notice, by the Adviser. This Agreement will also terminate automatically in the event of its assignment (as defined in said Act).

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.7

  • Quorum means a majority of the Regular Trustees or, if there are only two Regular Trustees, both of them.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • Majority of Holders Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this Agreement, a holder of shares of Common Stock which constitute Transfer Restricted Securities shall be deemed to hold an aggregate principal amount of the Notes (in addition to the principal amount of the Notes held by such holder) equal to the quotient of (x) the number of such shares of Common Stock held by such holder and (y) the conversion rate in effect at the time of their issuance upon conversion of the Notes as determined in accordance with the Indenture.

  • Disinterested Quorum means a quorum of the Board who are not Parties to the subject Proceeding or any related Proceeding.

  • 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.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of:

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

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution. Act and Interpretation Act Definitions Applicable

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Public meeting means a meeting that is required to be open to the public under Title 52, Chapter 4, Open and Public Meetings Act.

  • Note Majority means a majority by principal amount of the Noteholders.

  • 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.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • Majority Trustee Vote means the vote of a majority of the Trustees;

  • 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.

  • 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.

  • Multiple Series Two Limb Extraordinary Resolution means a resolution considered at separate meetings of the holders of each affected series of Debt Securities Capable of Aggregation, duly convened and held in accordance with the procedures prescribed by the Russian Federation pursuant to Condition 12(b), as supplemented if necessary, which is passed by a majority of: