Majority Vote of the Board definition

Majority Vote of the Board means, with respect to a decision to be made or an action to be taken by a Majority Vote of the Board, the Approval by Managers entitled to vote more than fifty percent (50%) of the total number of votes eligible to be cast.
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Majority Vote of the Board means the affirmative vote by 50% plus one member of the full Board cast either by the seated member or their alternate.
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Majority Vote of the Board means a simple majority (more than fifty percent) of the votes actually cast by directors at a duly held meeting at which a quorum is present.
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Examples of Majority Vote of the Board in a sentence

  • The Board may appoint up to three members of the Board to any task force so long as (i) the total number of persons on the task force does not exceed nine and (ii) those members of the Board who are appointed to the task force have a combined total votes of less than a Majority Vote of the Board.


More Definitions of Majority Vote of the Board

Majority Vote of the Board means a resolution adopted by a simple majority vote of a quorum of the BOARD OF DIRECTORS.
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Related to Majority Vote of the Board

  • the Board means the board of directors of the Company;

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

  • 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.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

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