unanimous resolution definition

unanimous resolution means, subject to subsection (3) -
unanimous resolution means a resolution—
unanimous resolution means a resolution which has the assent of every shareholder entitled to vote on the matter which is the subject of the resolution and either -

Examples of unanimous resolution in a sentence

  • The Fund must terminate by 31st December 2097 (unless a Unanimous Resolution is passed postponing the termination).

  • Hydro 7,499 Class M Units 74.99% $8,249 General Partner 1 Class M Unit 0.01% $1 CNPLP 1,050 Class K Units 10.50% $1,050 CNPLP 450 Class E Units 4.50% - FLCNKII 350 Class K Units 3.50% $350 FLCNKII 150 Class E Units 1.50% - YFFNLP 350 Class K Units 3.50% $350 YFFNLP 150 Class E Units 1.50% - TOTALS 10,000 M, K or E Units 100% $10,000 Following the issuance of the foregoing Units, no further Units shall be issued without the Unanimous Resolution of the Partners.

  • However, if by the Retirement Date the Partners (including the Retiring Partner) have not agreed by Unanimous Resolution on the value of the Retiring Partner's interest, then they are to appoint a Qualified Valuer to value it.

  • Subject to the provisions of this Agreement, the Shareholders may terminate this Agreement at any time by a Unanimous Resolution.

  • The Partners may agree a shorter notice period by Unanimous Resolution.


More Definitions of unanimous resolution

unanimous resolution means a resolution which is unanimously passed at a duly convened general meeting of a body corporate at which all persons entitled to exercise the powers of voting conferred by or under this Act are present personally or by proxy or vote in writing at the time of the motion.
unanimous resolution means a resolution consented to, in writing, by all Unitholders entitled to vote on the matter at issue, or approved by 100% of the votes cast by Unitholders present in person or by proxy at a meeting of such Unitholders which has been duly called for that purpose and at which a quorum is present, as provided herein;
unanimous resolution means a resolution consented to, in writing, by all Unitholders, or approved by 100% of the votes cast by Unitholders present in person or by proxy at a meeting of Unitholders which has been duly called for that purpose and at which a quorum is present;
unanimous resolution means a resolution unanimously passed at a duly con- vened meeting of a Corporation at which all persons entitled to exercise the power of voting conferred by or under this Act are present personally or by proxy at the time of the motion;
unanimous resolution means a resolution passed unanimously by all the Members,
unanimous resolution means a resolution passed by being consented to in writing by all of the shareholders entitled to vote on the resolution;
unanimous resolution means a resolution which is passed at a duly convened general meeting of a management corporation of which at least twenty one days’ notice specifying the proposed resolution has been given and against which no vote is cast.