Special Board Vote definition

Special Board Vote means the affirmative vote or written consent of not fewer than 80% of the total number of directors of the Company.
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Special Board Vote means (a) the affirmative vote of a majority of the entire Board, which must include, so long as an Initial Shareholder has the right to designate a Director to the Board pursuant to Section 2.01(a), the affirmative vote of at least one of the Directors designated by such Initial Shareholder, or (b) the unanimous written consent of the entire Board in lieu of a meeting.
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Special Board Vote means the approval of at least a majority of the Board, including the affirmative vote of at least one Acquisition Company Director so long as Acquisition Company owns at least the Preferred Minimum Threshold and the Acquisition Company Second Minimum Share Amount, and at least one Voting Trust Director, so long as the Management Stockholders beneficially own a number of shares of Common Stock (including shares of Common Stock underlying Existing Options) that is at least 662/3% of the shares of Common Stock (including shares of Common Stock underlying Existing Options) they held in the aggregate immediately after the Closing.
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Examples of Special Board Vote in a sentence

  • After the occurrence of a Control Event or in connection with a Sale of the Company that has been authorized by a Special Board Vote at such time as at least one Acquisition Company Director and one Voting Trust Director are serving on the Board and each has voted in favor of such Sale of the Company, each holder of Stockholder Shares, Preferred Stock and Warrants will vote for, consent to and raise no objections to any Sale of the Company.

  • No term or condition contained in this Agreement may be waived, amended or modified without the written approval of the Board by a Special Board Vote, except as permitted pursuant to paragraph 3.1.

  • Subject to paragraphs 3.3, 3.5, 5.5, 5.6, 5.7 and 5.8, on each Distribution Date, beginning with December 31, 2018, the Company shall distribute to the Members, pro rata in proportion to their respective Company Percentages, one hundred US-DOCS\101960009.22 percent (100%) of the Company’s Available Cash, unless otherwise determined by Special Board Vote.


More Definitions of Special Board Vote

Special Board Vote means the affirmative vote or written consent of Directors casting votes representing Members holding an aggregate Company Percentage of at least seventy-five percent (75%).
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Special Board Vote means the affirmative vote or written consent of Directors casting votes representing Members holding an aggregate Company Percentage of at least seventy-five percent (75%). US-DOCS\101960009.22
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Related to Special Board Vote

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

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

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

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

  • 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.

  • Parent Board means the board of directors of Parent.

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • 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.

  • Local board means the local board of social services representing one or more counties or cities.

  • Required Vote has the meaning ascribed thereto in Section 2.2(b);

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

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

  • 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.

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

  • 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;

  • 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.

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

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

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

  • Stockholder Approval has the meaning set forth in Section 4.5.

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

  • Independent Board Committee means the independent board committee of the Company

  • Acquiror Board means the board of directors of Acquiror.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • 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.