Super Majority Resolution definition

Super Majority Resolution means a resolution passed by a majority of at least two-thirds of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

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Super Majority Resolution means a resolution passed by not less than 70% percent of the votes cast by the Shareholders who voted in respect of that resolution or signed by all the Shareholders entitled to vote on that resolution;

Super Majority Resolution means a resolution passed at an Extraordinary General Meeting or at an Annual General Meeting by a majority of three fourths (75%) of the Shares present or represented at the said meeting and which is described as such in the notice convening the relevant meeting.

Examples of Super Majority Resolution in a sentence

• The Debenture Trustee may be removed by the Debenture Holders by a Super Majority Resolution.

• The Issuer shall appoint such person or persons as may be nominated by such Super Majority Resolution as new Debenture Trustee hereof who shall accede to all the REIT NCD Transaction Documents (to which it is a party).

• If such terms fail to get an affirmative vote of the Members sufficient for a Super Majority Resolution, then the provisions of Article 9.8(1) shall apply to such matter and if a Deadlock is deemed to have occurred in respect of such matter then it shall be resolved in accordance with Article 9.8(2).

• No increase or reduction in the Charter Capital shall be made without a Super Majority Resolution of the Members' Council.

• The Debenture Holder(s) may for sufficient cause but, after giving not less than 30 (Thirty) days’ notice in writing, remove the Debenture Trustee if so approved by the consent of the Super Majority or with the authority of the Super Majority Resolution and nominate an entity competent to act as the debenture trustee and require the Company to appoint such entity as the Successor Trustee.

More Definitions of Super Majority Resolution

Super Majority Resolution means a resolution passed at a duly convened and quorate meeting of the Board approved by:

Super Majority Resolution means a type of Special Resolution but where the requisite majority shall be not less than three-fourths of such Members as, being entitled to do so, vote as above (excluding voting rights attaching to Treasury Shares), and includes a unanimous written resolution;

Super Majority Resolution has the meaning ascribed thereto in Section 12.13; (sss) “Tax Act” means the Income Tax Act (Canada), as amended from time to time;

Super Majority Resolution means a resolution passed by a Super Majority voting in favour of the resolution at a quorate meeting of the HoldCo Board;

Super Majority Resolution means a resolution passed at a duly convened and quorate meeting of the Board approved by the requisite majority of the Directors present at such meeting, provided that such requisite majority shall include the affirmative vote of: (i) 1 (One) Verlinvest Director, other than (i.e., apart from) Mr. Deepak Shahdadpuri, provided Verlinvest continues to maintain its shareholding at or above the Threshold Limit (on a Fully Diluted Basis); (ii) a Director appointed by the Promoter.

Super Majority Resolution means a resolution approved by all of the Trustees in writing; “Tla’amin Citizen” has the meaning set out in chapter 1 of Tla’amin Final Agreement; “Tla’amin Community Trust Meeting” means a meeting held in accordance with Part 17;

Super Majority Resolution means, with respect to Royal Caribbean or P&O Princess, a resolution required by Applicable Regulations and/or the Royal Caribbean Articles and By-laws or the P&O Princess Memorandum and Articles, as relevant, to be approved by a higher percentage of votes Voted than required under a Majority Resolution, or where the percentage of votes in favour and against the resolution is required to be calculated by a different mechanism to that required by a Majority Resolution;