Ordinary General Meeting definition

Ordinary General Meeting means a meeting of Members other than an A.G.M. or Special General Meeting convened in terms of this Constitution.

Ordinary General Meeting means the meetings referred to in clause 12.2 below;

Ordinary General Meeting means a meeting convened in terms of this Constitution.

Examples of Ordinary General Meeting in a sentence

• No Extra Ordinary General Meeting was held during the financial year.

• Payment of interest is obligatory, but the Board of Directors may postpone interest payments if the Ordinary General Meeting of shareholders held to approve the financial statements notes that there is no income available for distribution.

• The Ordinary General Meeting of Shareholders held on March 31, 2016, approved the proposal for profit distribution, which established that there would be no distribution for the year 2015, given the net loss occurred in that year; in addition, the shareholders voted to use the legal reserve to offset this loss, as permitted by the Article 456 of the Colombian Code of Commerce.

• The shareholders registered in the shareholders’ registry as of December 31 of each fiscal year shall be entitled to exercise the rights as shareholders at the Ordinary General Meeting of Shareholders convened for such fiscal year.

• At the Ordinary General Meeting of the Guar- antor held on 28 April 2015 the shareholders voted in favor of the cancel- lation of the 8.125 million shares repurchased from Raiffeisen Schweiz Genossenschaft.

More Definitions of Ordinary General Meeting

Ordinary General Meeting means an ordinary general meeting of the Members held in accordance with bye-law 20;

Ordinary General Meeting means an Ordinary General Meeting of the Association.

Ordinary General Meeting means a duly convened meeting of Holders as more particularly described in Article 34.

Ordinary General Meeting means the second of the two ordinary general meetings of the council held in terms of clause 12.

Ordinary General Meeting means an Ordinary General Meeting of the Members of the General Body duly called and constituted and any adjourned holding thereof.

Ordinary General Meeting or ‘OGM’ shall mean a meeting of the CoC and members of the Centre, duly convened and held in accordance with These Rules, for the purpose of the ongoing management of the Centre and its activities;

Ordinary General Meeting means the General Meeting convened for the purpose of examining and approving the management board’s report on the Company’s business and the financial report for the preceding financial year, adoption of resolutions on distribution of profit or coverage of loss, granting a release to members of the corporate bodies for performance of their duties, and adoption of the resolution referred to in Art. 90g(6) of the Act;