APPROVAL OF MAJOR MATTERS Sample Clauses

APPROVAL OF MAJOR MATTERS. Approval of major matters ------------------------- materially affecting the business of the Company shall require the affirmative vote of a majority of the voting points of FUNC and Pacific. Such matters shall include, but not be limited to, the following:
Sample 1
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APPROVAL OF MAJOR MATTERS. Approval of major matters ------------------------- materially affecting the business of the Company shall require the affirmative vote of Directors voting 96 voting points or of Members holding 96% of all Membership Interests. Such matters shall include, but not be limited to, the following:
Sample 1
APPROVAL OF MAJOR MATTERS. The following matters shall require Member Approval: (a) approval of the three year plan for the first three Fiscal Years commencing January 1, 1998; (b) the sale, exchange or other disposition of all, or substantially all, of the Company's assets (other than in the ordinary course of the Company's business), whether as part of a single transaction or a series of transactions; (c) entering into by the Company of any new line of business not permitted under Section 3.1; (d) calls for additional Capital Contributions pursuant to Section 8.2; (e) the adoption of any stock option, phantom stock; or similar employee plan; (f) the making of any distributions or the declaration of any dividends to the Members pursuant to Section 9.3; (g) any extension of the Initial Term or the Renewal Term pursuant to Section 2.5; (h) any modification of the provisions of Section 3.3; (i) the lending of any amounts to the Company by the Members pursuant to Section 9.7 (but not pursuant to Section 8.2(b)); and (j) such other matters as may require Member Approval under the terms of this Agreement.
Sample 1
APPROVAL OF MAJOR MATTERS. The following matters shall require Member Approval: (a) approval of the three year plan for the first three Fiscal Years commencing January 1, 1998; (b) the sale, exchange or other disposition of all, or substantially all, of the Company's assets (other than in the ordinary course of the Company's business), whether as part of a single transaction or a series of transactions;
Sample 1

Related to APPROVAL OF MAJOR MATTERS

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Effect of non-approval of proposals Notwithstanding that under subclause (1) any proposals of the Company are approved by the Minister or determined by arbitration award, unless each and every such proposal and matter is so approved or determined by 31 October 1992 or by such extended date or period if any as the Company shall be granted pursuant to the provisions of this Agreement then the Minister may give to the Company 12 months notice of intention to determine this Agreement and unless before the expiration of the said 12 months period all the detailed proposals and matters are so approved or determined this Agreement shall cease and determine subject however to the provisions of Clause 35.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Commercialization License Subject to the terms of this Agreement, including without limitation Section 2.2 and Theravance's Co-Promotion rights in Section 5.3.2, Theravance hereby grants to GSK, and GSK accepts, an exclusive license under the Theravance Patents and Theravance Know-How to make, have made, use, sell, offer for sale and import Alliance Products in the Territory.

  • Approval of Shareholders The Trust will call a special meeting of the Acquired Fund Shareholders to consider and act upon this Agreement and to take all other appropriate action necessary to obtain approval of the transactions contemplated herein.

  • Waiver of Notice; Approval of Meeting Whenever notice to the Members is required to be given under this Agreement, a written waiver, signed by the Person entitled to notice, whether before or after the time stated therein, shall be deemed equivalent to notice. Attendance of a Person at any such meeting of the Members shall constitute a waiver of notice of such meeting, except when the Person attends a meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the Members need be specified in any written waiver of notice unless so required by resolution of the Board. All waivers and approvals shall be filed with the Company records or made part of the minutes of the meeting.

  • Final Approval After Acceptance, Engineer shall perform any required modifications, changes, alterations, corrections, redesigns, and additional work necessary to receive Final Approval by the County. "Final Approval" in this sense shall mean formal recognition that the Engineering Services have been fully carried out.

  • Regulatory Approval 25.1 The Parties understand and agree that this Agreement and any amendment or modification hereto will be filed with the Commission for approval in accordance with Section 252 of the Act and may thereafter be filed with the FCC. The Parties believe in good faith and agree that the services to be provided under this Agreement are in the public interest. Each Party covenants and agrees to fully support approval of this Agreement by the Commission or the FCC under Section 252 of the Act without modification.

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