Majority Vote of Board of Directors definition

Majority Vote of Board of Directors means the affirmative vote of the members of the Board of Directors representing Consortium Members who in the aggregate hold Consortium Percentage Interests greater than fifty percent (50%) of all of the Consortium Percentage Interests of all Consortium Members represented on the Board of Directors. For purposes of the preceding sentence, certain Interests shall not be included as provided in Section 4.4(c) hereof.
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Examples of Majority Vote of Board of Directors in a sentence

  • Except as expressly provided herein, the Board of Directors shall conduct its business in such manner and by such procedures as a Majority Vote of Board of Directors deems appropriate; provided, that the procedures of the Board of Directors shall be substantially similar to the procedures of the board of directors for each Parallel Investment Vehicle in relation to any Tier One Action.

  • Except as expressly provided herein, the Board of Directors shall conduct its business in such manner and by such procedures as a Majority Vote of Board of Directors deems appropriate; provided, that the procedures of the Board of Directors shall be substantially similar to the procedures of the board of directors for each Parallel Investment Vehicle when Tier One Actions are being considered.

Related to Majority Vote of Board of Directors

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

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

  • Board of Directors 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.

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

  • 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.

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

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

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

  • Board or Board of Directors 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.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Executive Committee means the Executive Committee of the Board.

  • Parent Board means the board of directors of Parent.

  • Board means the Board of Directors of the Company.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

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

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies in previously authorized directorships.

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

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

  • Independent Board Committee means the independent board committee of the Company

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Resolution of Directors means either:

  • Sub-Committee means a committee of a committee created by the board.

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

  • Guarantor’s Board of Directors means the board of directors of the Guarantor or any committee of that board duly authorized to act generally or in any particular respect for the Guarantor hereunder.