Ordinary Consent definition

Ordinary Consent means the written consent of Unitholders together representing more
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Ordinary Consent means, subject to compliance with Clause 12.4 (Consent Matters), the express written consent (including by electronic mail) or approval by one or more of the Limited Partners who, at the time of providing such consent or approval, have Commitments (excluding Excluded Voting Commitments) that in aggregate exceed 50% of Total Commitments (excluding Excluded Voting Commitments).
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Ordinary Consent means the written consent of Participants togetherrepresenting more than 50% of the issued and outstanding Participations.“Organisational Expenses”means all costs incurred in connection with the formation of the Fund as further set forth in Section 10 of this Prospectus.“Participant”means a natural or legal person, which participates in the Fund in accordance with the Subscription Form and the Terms and Conditions.“Participation”means a unit in which the rights of the Participants to the Net Asset Value have been divided, each Participation, representing an equal interest in the Net Asset Value without priority or preference of one over the other, on the understanding that the Fund may not issue fractions of Participations.“Prospectus”means this prospectus including its schedules, as amended from time to time.“Redemption Notice Date”means the date on which the Administrator receives a Redemption Notice from a Participant seeking to redeem Participations.“Redemption Notice”means the standard notice through which a request for redemption of Participations is made.“Redemption Price”means with respect to a redemption of Participations, the Net Asset Value per Participation as at the Valuation Date of the Participations redeemed.“Register”means the register in which in respect of each Participant are entered its name, address and other contact details, the bank or securities account details on which the Participant wishes to receive payments, its tax status and the number of its Participations.“Renewable Energy”Energy that originates from resources which are naturally replenished on a human timescale such as sunlight, wind, rain, tides, waves, biomass and geothermal heat.“Settlement Date”means with respect to a subscription or a redemption of Participations, the date on which the Participations are issued or redeemed.
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Examples of Ordinary Consent in a sentence

  • In case of resignation of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.

  • In case of removal of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.

  • In case of resignation of the Fund Manager, the Unit Holders shall by Ordinary Consent appoint a substitute Fund Manager.The Investor Advisory Committee may, on behalf of the Unit Holders, remove the Fund Manager as the Fund Manager of the Fund.

  • In case of resignation of the Fund Manager, the Participants shall by Ordinary Consent appoint a substitute Fund Manager.The Participants may at any time by resolution taken by Special Consent remove the Fund Manager as the fund manager of the Fund, such removal to have effect after three (3) months from the date notified in writing to the Fund Manager.

  • In case of resignation of the Fund Manager, the Unit Holders shall by Ordinary Consent appoint a substitute Fund Manager.

  • In case of resignation or removal of the AIFM, the Unitholders shall by resolution taken by Ordinary Consent appoint a substitute AIFM.

  • The liquidation of the Fund shall be effected by the Fund Manager, provided, however, that if the Fund is dissolved for a reason set forth in Article24.1.1 of these Terms and Conditions, then the Participants shall by Ordinary Consent appoint another party as liquidator which shall have the rights and obligation of a Fund Manager under these Terms and Conditions be it for the sole purpose of and within the restrictions set by Article 24.3 of these Terms and Conditions.

  • The liquidation of the Fund shall be effected by the AIFM, provided, however, that if the Fund is dissolved for a reason set forth in Article25.1.1, then the Unitholders shall by Ordinary Consent appoint another party as liquidator which shall have the rights and obligation of a AIFM under these Terms and Conditions be it for the sole purpose of and within the restrictions set by Article 25.4.

  • The liquidation of the Fund shall be effected by the Fund Manager, provided, however, that if the Fund is dissolved for a reason set forth in Article 23.1.1, then the Unitholders shall by Ordinary Consent appoint another party as liquidator which shall have the rights and obligation of a Fund Manager under these Terms and Conditions be it for the sole purpose of and within the restrictions set by Article 23.3.

  • In either case the liquidator shall receive such remuneration for so acting as the Limited Partners shall agree by Ordinary Consent.


More Definitions of Ordinary Consent

Ordinary Consent means the written consent of Unitholderstogether representing more than 50% of the issued and outstanding Units. “Organisational Expenses” means all costs incurred in connection with the formation of the Fund and the STAK as further set forth in Section 9 of this Prospectus. "Performance Fee" means the performance fee due by the Fund to the Fund Manager as remuneration for its management of the Fund as set forth in Section9.2.3 of this Prospectus. “Prime Broker” means AMRO Clearing Bank N.V., a public limited liability company (naamloze vennootschap) organized and established under the laws of the Netherlands, with its registered address at Gustav Mahlerlaan 10, 1082 PP, Amsterdam and registered with the Dutch trade register under number: 33170459 or another prime broker that might be appointed in the future. “Prime Brokerage Agreement” means the prime brokerage agreement that is entered into by the Fund Manager, on behalf of the Fund, and the Prime Broker as set forth in Section 6.5 of this Prospectus. “Prospectus” means this prospectus including its schedules, as amended from time to time. “Redemption Date” means the first Business Day of any calendar month and/or, under certain circumstances set out in the Terms and Conditions, such other day or days as the Fund Manager may from time to time determine at its sole discretion. “Redemption Notice” means the standard notice through which a request for redemption of Units is made. “Redemption Price” means the Net Asset Value per Unit of a certain Class as at the Valuation Date immediately preceding the Redemption Date on which the relevant Unit is redeemed. “Register” means the register in which in respect of each Unitholder are entered its name, address and
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Ordinary Consent means the written consent of Participants together
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Ordinary Consent means the written consent of Participants together representing more than fifty per cent. (50%) of the issued and outstanding Participations.
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Related to Ordinary Consent

  • Consent means written permission signed by a duly authorized officer or employee of the Commonwealth, provided that where the material facts have been disclosed, in writing, by prequalification, bid, proposal, or contractual terms, the Commonwealth shall be deemed to have consented by virtue of the execution of this contract.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Governmental Approval is any consent, authorization, approval, order, license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority.

  • Ordinary Course means, with respect to an action taken by a Person, that such action is consistent with the past practices of the Person and is taken in the ordinary course of the normal day-to-day operations of the Person.

  • Ordinary Course Professionals Order means any order of the Bankruptcy Court permitting the Debtors to retain certain professionals in the ordinary course of their businesses.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.