Super Majority Approval definition

Super Majority Approval means not less than 75% of all 16 Board members.
Super Majority Approval means approval of a majority of the whole Board (which majority shall include a majority of the Series C and D Preferred Directors and, solely with respect to the actions specified in Sections 3.1(e), 3.1(f), and 3.1(j)(A), at least two Series A, B and E Preferred Directors).
Super Majority Approval has the meaning set forth in Section 2.1(d).

Examples of Super Majority Approval in a sentence

  • Participation in the Medicaid program may be ceased at one or more Medicaid participating facilities if there is a material reduction in the level of Medicaid funding (expressed as Medicaid net revenue per Medicaid adjusted admission) only after a community needs assessment and financial impactassessment and with Super Majority Approval of the Board.

  • The full sale of the Property shall require Super Majority Approval.

  • The Property shall be sold at or above the valuation provided, or at a lower value only upon Super Majority Approval.

  • On 14 November 2019, the judges of the International Criminal Court authorized the Prosecutor to open an investigation into alleged crimes within the Court’s jurisdiction committed in the context of the situation in Bangladesh and Myanmar.

  • There are various “Reserved Matters” requiring a Majority Approval or a Super- Majority Approval.


More Definitions of Super Majority Approval

Super Majority Approval means approval by the holders of at least 95% of the total YL Shares, regardless of voting rights.
Super Majority Approval means, with respect to any matter, the approval of such matter set out in a resolution, consent or other instrument executed, in one or more counterparts, by Shareholders owning at least 75% of the issued and outstanding Common shares;
Super Majority Approval means the affirmative approval of no less than seventy-five percent (75%) of the Owners
Super Majority Approval means the vote or written consent of the Members holding at least [*] of the total Membership Percentage Interests.
Super Majority Approval means approval of a majority of the whole Board (which majority shall include a majority of the Series C and D Preferred Directors and, solely with respect to the actions specified in Sections 3.1(e), 3.1(f), and 3.1(j), at least two Series A, B and E Preferred Directors).
Super Majority Approval has the meaning set forth in Section 4.6(b).
Super Majority Approval means the approval by the affirmative vote of at least the following number of Managers who are not officers of the Company: (i) four Managers; (ii) two Class A Managers; and (iii) two Class B Managers.