Consent of the Board of Managers definition

Consent of the Board of Managers has the meaning set forth in Section 3(c) hereof.
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Consent of the Board of Managers shall have the meaning set forth in Section 6.1(d).
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Examples of Consent of the Board of Managers in a sentence

  • No Member shall be permitted to sell or exchange any Membership Shares under this Section 7.2 except (i) as otherwise permitted in this Article VI, or (ii) with the Consent of the Board of Managers.

  • Notwithstanding anything contained in this Agreement to the contrary, no Member may pledge or create any security interest in any Units without the Consent of the Board of Managers.

  • In connection with ongoing restructuring efforts, the Company delegated certain authority to the Disinterested Manager pursuant to the Unanimous Written Consent of the Board of Managers of Mariposa Intermediate Holdings LLC adopted by the Board of Managers of the Company on April 28, 2020, (the “Delegating Resolutions”).

  • Sixth Manager (the “ Michael Bivins Manager”) shall be designated byMichael Bivins, which Manager shall initially be Biv Entertainment, LLC; A Manager’s status as a Manager may be terminated for any reason or for no reason, anda vacancy on the Board of Managers may be filled, by Consent of the Board of Managers.

  • Pursuant to the Written Consent of the Board of Managers of Esquisto Holdings, LLC ("Esquisto Holdings"), dated May 10, 2018, and the Redemption and Distribution Agreement, dated May 14, 2018, by and among Esquisto Holdings (the "Issuer") and the other parties thereto, Esquisto Holdings made a pro rata distribution of shares of WildHorse Resource Development Corporation's common stock, par value $0.01 per share ("Common Stock"), that it held to its members.

  • Pursuant to the Written Consent of the Board of Managers of Esquisto Holdings, LLC ("Esquisto Holdings"), dated May 10, 2018, and the Redemption and Distribution Agreement, dated May 14, 2018, by and among Esquisto Holdings and the other parties thereto, Esquisto Holdings made a pro rata distribution of shares of WildHorse Resource Development Corporation's common stock, par value $0.01 per share ("common stock"), that it held to its members.

  • In the event that any additionalManagers are appointed to the Board of Managers pursuant to Section 3(b) hereof, then the definition of “Consent of the Board of Managers” may be amended in such a manner as shall be determined by the Consent of the Board of Managers appointing such additional Managers.

  • No member of the Board of Managers shall be paid compensation or fees for such Manager’s services as Manager, but each Manager shall be reimbursed by the LLC for such Manager’s reasonable expenses incurred in the performance of such Manager’s duties as Manager as the Board of Managers from time to time may determine by the Consent of the Board of Managers.

  • Here, the change to the information presented on petitioner’s application is clear.Petitioner would prefer to avoid the responsibility of informing the Division, as required, and seems to argue that since Max Ruda remains the only person with ultimate authority and responsibility for the operation and control of petitioner there was no change to report.

  • Also, blockchain technology can be used to store personal and other information in an accessible, but secure environment.

Related to Consent of the Board of Managers

  • Board of Managers means the Board of Managers of the Company.

  • Board of Management means the Board of Management of the University;

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

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

  • Member of the Board means an individual who is a member of the Board or of the board of directors of a Subsidiary or an Affiliate.

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

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

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

  • the Board means the board of directors of the Company;

  • Consent of the Partners means the Consent of Partners holding Percentage Interests that in the aggregate are equal to or greater than fifty percent (50%) of the aggregate Percentage Interests of all Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by such Partners, in their sole and absolute discretion.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

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

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Board or Board of Directors 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.

  • Board of Trustees means the trustees from time to time serving under the Trust’s declaration of trust, as amended from time to time.

  • Management Board means the management board of the Company.

  • ordinary member of the committee means a member of the committee who is not an officer of the Association under Rule 21;

  • 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.

  • Super Majority Vote means, the affirmative vote of the holders of Outstanding Interests of all Series representing at least two thirds of the total votes that may be cast by all such Outstanding Interests, voting together as a single class.

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

  • Consent of the Limited Partners means the Consent of a Majority in Interest of the Limited Partners, which Consent shall be obtained prior to the taking of any action for which it is required by this Agreement and may be given or withheld by a Majority in Interest of the Limited Partners, unless otherwise expressly provided herein, in their sole and absolute discretion.

  • Unanimous Consent Consent of Revolving Credit Lenders (other than Delinquent Revolving Credit Lenders) holding 100% of the Loan Commitments (other than Loan Commitments held by a Delinquent Revolving Credit Lender).

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

  • Medical Board means the North Carolina Medical Board.

  • Local board of health means a county, city, or district board of health.