Required Election definition

Required Election means any election involving expenditures or obligations having a value of Two Hundred Fifty Thousand Dollars ($250,000) per item, net to Seller’s interest, that Seller is required to make under any Applicable Contract.
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Required Election shall have the meaning set forth in Section 1.6(c) hereof.
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Examples of Required Election in a sentence

  • Vote Required Election of each director requires the affirmative vote of holders of a plurality of the shares of common stock present or represented and voting on the proposal at the Annual Meeting.

  • All Categories• Required Election Ballot Language• "Approving the ad valorem tax rate of $ per $100 valuation in (name of taxing unit) for the current year, a rate that is $ higher per $100 valuation than the voter-approval tax rate of (name of taxing unit), for the purpose of (description of purpose of increase).

  • Vote Required Election of a director (Proposal 1) requires the affirmative vote of the holders of a plurality of the shares present in person or represented by proxy at a meeting at which a quorum is present with each shareholder getting one vote per share for each person proposed for election.

  • Vote Required; Election of Directors If a quorum is present and voting, the two nominees receiving the highest number of votes will be elected to the Board of Directors.

  • Vote Required; Election of Directors If a quorum is present and voting, the three (3) nominees receiving the highest number of votes will be elected to the Board of Directors.

  • Vote Required Election of the directors of the Corporation will require the affirmative vote of a plurality of the stockholders present in person or represented by proxy at the meeting and entitled to vote thereon.

  • Attending the virtual Annual Meeting does not revoke your proxy unless you also vote at the Annual Meeting.Votes Required Election of directors.

  • Taxpayer, however, failed perfect its safe-harbor election by inadvertently omitting the Required Election Statement from that return.

  • Committee Reports : 2 Minutes If Required Election Committee Presenter: UNDER ACTION ITEM - -A8 MODIFICATION OF THE AGENDAA Board Director, by a motion, or the President/Chair (via a recommendation for a motion), may cause the modification of the previously approved agenda only for the following reason: Required action following discussion in Executive Session.

  • Vote Required Election of Directors Nominees for director will be elected by a plurality of the votes cast (i.e., the highest number of votes cast) at the Annual Meeting by the holders of Common Stock present in person or represented by proxy and entitled to notice of, and to vote at, the Annual Meeting.

Related to Required Election

  • Mixed Election has the meaning set forth in Section 3.01(b)(iii).

  • Qualified Election means a Participant's waiver of a Qualified Joint and Survivor Annuity or a Qualified Pre-Retirement Survivor Annuity. Any such waiver must be consented to in writing by the Participant's Spouse. The Spouse's consent must: designate a specific Beneficiary (including any class of Beneficiaries or any contingent Beneficiaries, which may not be changed without spousal consent) or expressly permits designations by the Participant without any further spousal consent; acknowledge the effect of the election; and be witnessed by a member of the Committee or a Notary Public. Additionally, a Participant's waiver of the Qualified Joint and Survivor Annuity shall not be effective unless the election designates a form of benefit payment which may not be changed without spousal consent (or the Spouse expressly permits designations by the Participant without any further spousal consent). Notwithstanding this consent requirement, if the Participant establishes to the satisfaction of a member of the Committee that there is no Spouse or the Spouse cannot be located, a waiver will be deemed a Qualified Election. Any spousal consent (or deemed spousal consent) obtained under this provision will be valid only with respect to such Spouse. A consent that permits designations by the Participant without further consent by such Spouse must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and, where applicable, a specific form of benefit, and that the Spouse voluntarily elects to relinquish either or both of such rights. A revocation of a prior waiver may be made by a Participant without the consent of the Spouse at any time before the commencement of benefits. The number of revocations shall not be limited. No consent obtained under this provision shall be valid unless the Participant has received notice as provided in paragraph (b) below.

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Contested Election means any election of Directors in which the number of persons nominated for election as Directors in accordance with Section 7 of Article I exceeds the number of Directors to be elected, with the determination that any election of Directors is a Contested Election to be made by the Secretary or other officer of the Fund prior to the time the Fund mails its initial proxy statement in connection with such election of Directors. If, prior to the time the Fund mails its initial proxy statement in connection with such election of Directors, one or more persons nominated for election as a Director are withdrawn such that the number of persons nominated for election as Director no longer exceeds the number of Directors to be elected, such election shall not be considered a Contested Election.

  • LCA Election has the meaning specified in Section 1.09(a).

  • Bond election means an election held for the purpose of approving or rejecting

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Regular primary election means the election on the fourth Tuesday of June of

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Primary election means any regular primary election held under the election

  • Election cycle means the period beginning on the first day persons are eligible to

  • Qualified elector means an individual at least 18 years of age who is a citizen of the United States, a permanent resident of this state, and a resident of the district who registers with the supervisor of elections of a county within which the district lands are located when the registration books are open.

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Voice Initiated Election means any election concerning dividend options available to Investment Company shareholders or subscribers which is requested by voice over the telephone.

  • Election Date has the meaning specified in Section 3.12(h).

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.