Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.
Ordinary Resolution means a resolution:
Ordinary Resolution means a resolution passed by a majority of not less than 50% plus 1 of the votes cast on that resolution;
Examples of Ordinary Resolution in a sentence
A new manager appointed pursuant to this clause 2.9 must promptly execute a document whereby the new manager undertakes to the Company to be bound by and to observe and perform such management obligations as shall have been approved by Ordinary Resolution of B Shareholders.
Any amendment to this Agreement must be agreed between the Company and the Manager, authorised by an Ordinary Resolution and thereafter recorded in writing between the Company and the Manager.
More Definitions of Ordinary Resolution
Ordinary Resolution means a resolution passed by a majority of the votes cast on that resolution;
Ordinary Resolution means a resolution passed by a simple majority of the votes of such members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy or, in the case of corporations, by their duly authorised representatives, at a general meeting held in accordance with these Articles and includes an ordinary resolution passed pursuant to Article 13.10.
Ordinary Resolution means resolution other than a special resolution;
Ordinary Resolution means a resolution passed by the affirmative vote of at least a majority of the votes cast, either in person or by proxy, at a meeting of Unitholders called for the purpose of considering such resolution.
Ordinary Resolution means a resolution: (a) passed by a simple majority of the votes cast by such Shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy or, in the case of corporations, by their duly authorised representatives, at a general meeting of the Company held in accordance with these Articles; or (b) approved in writing by all of the Shareholders entitled to vote at a general meeting of the Company in one or more instruments each signed by one or more of the Shareholders and the effective date of the resolution so adopted shall be the date on which the instrument, or the last of such instruments, if more than one, is executed;
Ordinary Resolution means an Ordinary Resolution as described in Condition 14 (Meetings of Noteholders, Modification, Waiver and Substitution) and as further described in, and as defined in, the Trust Deed.
Ordinary Resolution means an ordinary resolution of the Company’s members within the meaning of section 141 of the Act.