Majority of the Board means as of any given time, the Directors having the right to cast a majority of the votes of the Board of Directors.
Majority of the Board means the affirmative vote of more than fifty percent (50%) of the Governors.
Majority of the Board means, at any time, a majority of the votes attributable to the Directors who are then appointed and qualified.
Examples of Majority of the Board in a sentence
Majority of the Board of Directors may place the officer concerned under preventive suspension pending the resolution of the investigation.
At any time, the Chairman, if any, can be removed from his or her position as Chairman by a Majority of the Board.
Update attached Real Property Project Management Data Sheet (PMDS) cumulative %CC for each RPUID and RPFN based on the pay request being submitted.
Any decisions to be made by the Board shall require the approval of a Majority of the Board.
Managers, as such, shall not receive any stated salary for their services, but shall receive such reasonable compensation for their services as may be from time to time agreed upon by the Member or by a Majority of the Board.
More Definitions of Majority of the Board
Majority of the Board means the affirmative vote or written consent of a Majority of the members of the Board.
Majority of the Board means more than half of the voting power of those directors present, voting and forming part of the quorum at a properly convened Board meeting.
Majority of the Board means, at any time, a combination of any of the then Directors constituting more than fifty percent (50%) of the number of Directors who are then elected and qualified.
Majority of the Board means (i) if the Board of Directors is comprised of more than one Director, the affirmative vote of a majority of the Directors then comprising the Board of Directors and (ii) if the Board of Directors is comprised of one Director, the vote of that Director.
Majority of the Board means a majority of the members of the Board;
Majority of the Board means, at any time, a combination of any of the then Managers constituting a majority of the votes of all of the Managers who are then elected and qualified.
Majority of the Board means, at any time, a combination of any of the then Directors constituting at least a majority of the votes of all of the Directors who are then elected and qualified and remaining on the Board. “Majority of the Committee” means, with respect to any committee of the Board, at any time, a combination of any of the then Directors constituting at least a majority of the votes of all of the Directors who are then appointed and qualified and remaining on such committee. “Managers” has the meaning set forth in Section 3.1(a). “Member” means each Person identified on the Members Schedule as of the date hereof who is a party to or is otherwise bound by this Agreement and each Person who may hereafter be admitted as a Member in accordance with the terms of this Agreement. The Members shall constitute the “members” (as that term is defined in the Act) of the Company. “Member Minimum Gain” with respect to each Member Nonrecourse Debt, means the amount of Company Minimum Gain (as determined according to Treasury Regulation Section 1.704-2(d)(1)) that would result if such Member Nonrecourse Debt was treated as a nonrecourse liability, determined in accordance with Treasury Regulation Section 1.704-2(i)(3). “Member Nonrecourse Debt” has the meaning set forth in Treasury Regulation Section 1.704-2(b)(4), substituting the term “Company” for the term “partnership” and the term “Member” for the term “partner” as the context requires.