Required Board Majority definition

Required Board Majority means at any time a majority of the members of the Board at that time which includes at least a majority of the Directors, each of whom has not been an employee of the Company or any subsidiary of the Company.
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Required Board Majority means at any time a majority of the members of the Board at that time.
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Required Board Majority means at any time a majority of the members of the Board at that time which includes at least a majority of the Outside Directors at that time.
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Examples of Required Board Majority in a sentence

  • The Business Plan and Budget in forms mutually agreed upon in writing by the JVC and the Shareholders shall have been approved by a Required Board Majority.

  • The Chief Executive Officer shall act in full accordance with any business or operating plan or Budgets approved by the Board and shall have no authority to take any action with respect to any of the matters enumerated in Section 7.4 or Section 8.10 without first obtaining the approval of the requisite Shareholder approval or a Required Board Majority, as the case may be, with respect to the matter in question.

  • Doc nr 180.05301/15joined with a Statistical Committee into the Committee on Raw Materials and Statistical Information (CR) in November.116The duties of the CR lay in the gathering and distribution of information, considering how economic policy affected the availability of raw materials, and how barriers to availability could be overcome.

  • A draft report.3. A final report including lessons learned, emerging good practices and recommendations.4. An Executive Summary according to the ILO guidelines and template.

  • The JVC shall have such other officers as a Required Board Majority may authorize by Board resolution.

  • Branches and other business offices may be established anywhere as necessary, if and to the extent approved by a Required Board Majority.

  • If such matter is not resolved within such time period, the second year of the Business Plan and Budget last approved by a Required Board Majority shall become the default Business Plan and Budget for the next fiscal year.


More Definitions of Required Board Majority

Required Board Majority means at any time a majority of the members of the Board of Directors of the Company at that time and which includes at least a majority of the independent directors at that time. Termination of the Executive’s employment by the Company for Cause shall be effective on the date of the notice of termination for Cause is delivered to the Executive.
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Required Board Majority means, with respect to any approval, the approval of a majority of the directors of the Board, with the approval of at least one director nominated solely by SPTL (other than any director that is a resident of Malaysia and not an employee of SPTL or any of its controlled Affiliates) and the approval of at least one director nominated solely by AUO (other than any director that is a resident of Malaysia and not an employee of AUO or any of its controlled Affiliates).
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Required Board Majority means at any time at least a sixty-six percent
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Required Board Majority means at least two-thirds of the members of the New Parent Board, and thereafter the "Required Board Majority" means such vote of the New Parent Board as may be required by the by-laws of the Company as in effect from time to time, but in no event less than a majority of the New Parent Board.
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Required Board Majority is defined in Section 2(a)(i). Retirement is defined in Section 3(d). Retirement Date is defined in Section 1. Special Grants is defined in Section 2(b). Underpayment is defined in Section 7(b). Voting is defined in Section 9. Voting Stock is defined in Section 9.
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Related to Required Board Majority

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.7

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • 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.

  • Super Majority has the meaning set forth in paragraph 5(b) of Annex I.

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution. Act and Interpretation Act Definitions Applicable

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

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Simple Majority means a decision made by the Management Committee by more than 50 percent of the votes represented and entitled to be cast at a meeting thereof.

  • Unit Majority means (i) during the Subordination Period, at least a majority of the Outstanding Common Units (excluding Common Units owned by the General Partner and its Affiliates), voting as a class, and at least a majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units.

  • Board of Directors or Board means the Board of Directors of Betex India Limited, as constituted from time to time.

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

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • 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.

  • Super-Majority Banks means at any time Banks having at least 85% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least 85% of the aggregate unpaid principal amount of the Loans.

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

  • 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.

  • 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.

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);

  • Note Majority means a majority by principal amount of the Noteholders.

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

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

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

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