Examples of Majority Resolution in a sentence
Any Written Majority Resolution shall, for all purposes, have the same effect as a resolution passed at a General Meeting of such Noteholders.
Noteholders expressing their approval or rejection before the Written Majority Resolution Date will undertake not to dispose of their Notes until after the Written Majority Resolution Date.
Except where a resolution at a meeting of Shareholders requires a Special Majority Resolution under this Constitution or a special resolution pursuant to the law, the resolution is passed if more votes are cast by Shareholders entitled to vote in favour on the resolution than against it.
Approval of a Written Majority Resolution may also be given by Electronic Consent.
Notices seeking the approval of a Written Majority Resolution will contain the conditions of form and time limits to be complied with by the Noteholders who wish to express their approval or rejection of such proposed Written Majority Resolution.