Required Member Approval definition

Required Member Approval has the meaning set forth in Section 4.3.
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Required Member Approval shall have the meaning ascribed to such term in the LLC Agreement, as may be amended from time to time.
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Required Member Approval means the approval of holders of at least 10% of the then outstanding Units given in writing (including by facsimile or in portable document format (.pdf)) or by vote at a meeting, consenting or voting (as the case may be) as a single class.
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Examples of Required Member Approval in a sentence

  • At any time when Class I Units are outstanding, upon a Required Member Approval given in writing or by vote at a meeting, consenting or voting (as the case may be) separately as a single class, the Company shall immediately undertake to cause the removal of one or both of the Management Directors or any other employees of the Company or its subsidiaries from the Board of Directors or the termination of the chief executive officer of the Company.

  • Other than the Required Member Approval, the execution, delivery and performance by the Company of this Agreement and the Escrow Agreement and the other agreements and instruments to be delivered hereunder, and the consummation by the Company of the transactions contemplated hereby and thereby, have been duly authorized by all necessary limited liability company action on the part of the Company.

  • We will avoid losing biodiversity that cannot be offset by gains elsewhere, and we will incorporate purposeful green infrastructure into places we design, create and manage.

  • Each Seller agrees to vote (or to cause its applicable Subsidiaries to vote) its Interests in favor of the approval and adoption of the Agreement at any meeting of the Members called for such purpose or to exercise such vote and approval by written consent in lieu of a meeting in accordance with the Act and the Company LLC Agreement and to cause the Required Member Approval to be obtained as promptly after the execution of this Agreement as permitted under applicable Law.

  • The Chair of the Management Committee shall call a special meeting of the Unitholders to be held as soon as reasonably practicable for the purpose of obtaining the Required Member Approval, on substantially the terms set forth in this Agreement, and shall use commercially reasonable efforts to cause such meeting to occur as soon as reasonably practicable.

  • The programme is implemented through country-based projects during which partner countries choose a priority chemical and develop a risk-reduction strategy for it through a process involving all affected and interested parties.

  • The Management Committee shall unanimously recommend that Unitholders provide the Required Member Approval and shall use commercially reasonable efforts to obtain the Required Member Approval.

  • Without limiting the generality of Section 4.4(b), prior to or concurrently with the solicitation of the Required Member Approval, the Company shall distribute to all Effective Time Holders a questionnaire prepared by Parent in customary form to determine whether each such Effective Time Holder is an Accredited Investor, and the Company and Parent shall cooperate to seek the return of properly completed questionnaires from all such Effective Time Holders.

  • This Agreement and Asset sale shall have been duly approved by the Required Member Approval.

  • The Company and Parent shall cooperate in the preparation of information to be delivered to Unitholders in connection with the solicitation of the Required Member Approval.


More Definitions of Required Member Approval

Required Member Approval means Members holding at least a majority of the issued and outstanding voting units of the Contributor.
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Required Member Approval is defined in Section 3.1(d)(ii).
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Required Member Approval has the meaning assigned to such term in Section 5.1(d)(ii).
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Related to Required Member Approval

  • Required Shareholder Approval has the meaning in Section 2.20.

  • Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Shareholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Capital Market (or any successor entity) from the shareholders of the Company to permit the exercise of the Warrants.

  • Parent Shareholder Approval means the approval of (a) the Parent Share Issuance at the Parent Shareholders Meeting by the affirmative vote of a majority of the total votes cast by the holders of Parent Common Stock entitled to vote thereon, (b) the Parent Charter Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the shares of Parent Common Stock outstanding and entitled to vote thereon and (c) the Parent Bylaw Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the outstanding shares of Parent Common Stock entitled to vote thereon.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Stockholder Approval Date means the date on which Stockholder Approval is received and deemed effective under Delaware law.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Parent Stockholder Approval means the affirmative vote of the holders of a majority of the shares of Parent Stock entitled to vote with respect to the approval of the Parent Stock Issuance.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Required Approval has the meaning specified in Section 2.2(b).

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.