Ordinary Resolutions. The Agency Agreement contains provisions for convening meetings of the Noteholders (which may be held at a physical location, or via an electronic platform (such as a conference call or videoconference) or by a combination of such methods) to consider any matter affecting their interests. Subject to the discussion below under “— Extraordinary Resolutions”, any resolution passed by holders shall be an Ordinary Resolution. An Ordinary Resolution may be passed by a majority of Noteholders present at a meeting at which the necessary quorum will be one or more persons holding or representing not less than 1/20th in nominal amount of the Notes for the time being outstanding. At any adjourned meeting for an Ordinary Resolution, one or more persons present whatever the nominal amount of the Notes held or represented by him or them will form a quorum.
Ordinary Resolutions. The Agency Agreement contains provisions for convening meetings of the Noteholders to consider any matter affecting their interests. Subject to the discussion below under “—Extraordinary Resolutions”, any resolution passed by holders shall be an Ordinary Resolution. An Ordinary Resolution may be passed by a majority of Noteholders present at a meeting at which the necessary quorum will be one or more persons holding or representing not less than 1/20th in nominal amount of the Notes for the time being outstanding. At any adjourned meeting for an Ordinary Resolution, one or more persons present whatever the nominal amount of the Notes held or represented by him or them will form a quorum.
Ordinary Resolutions. Resolutions, actions and decisions of the Members shall be adopted, taken or made at an Ordinary Members Meeting by the affirmative vote of Members (or their representatives) representing more than 50% of the total votes of the Members ("Ordinary Resolutions").
Ordinary Resolutions. Subject to clause 6.10, decisions at any meeting of the Management Committee will be made by the affirmative vote of one or more Representatives of those Participants present and entitled to vote at the meeting having more than 50% of the total votes of all Representatives present and entitled to vote.
Ordinary Resolutions. In order for an Ordinary Resolution or other matter which is proposed by a member of the Credit Union to be eligible for consideration at an annual general meeting, it must be submitted to the Credit Union in advance in accordance with the Credit Union Incorporation Act, provided, however, this Rule 14.9 does not apply to Ordinary Resolutions or other matters invited by the Board Chair at an annual general meeting.
Ordinary Resolutions. Except as set forth in Section 6.7 or as required by the Organizational Documents or the Act, all resolutions, actions and decisions of the Shareholders shall be adopted, taken or made at a General Shareholder Meeting by the affirmative vote of Shareholders (or their representatives) representing a majority of all issued and outstanding Shares (not just those Shares that are present or represented by proxy) or by written consent in lieu of a meeting if signed by all of the Shareholders (“Ordinary Shareholder Resolutions”). Without prejudice to any other provisions of this Agreement that require the Shareholders to act by Ordinary Shareholder Resolution, the following actions shall require the action of the Shareholders acting by Ordinary Shareholder Resolution:
(a) any decision establishing or modifying the fundamental accounting policies of the Company;
(b) any agreement by the Company to guarantee the payment or performance of the obligations of any other Person;
(c) any approval of the taking of any material action by the Company outside the ordinary course of business;
(d) any decision for the Company to incur indebtedness for borrowed money in an amount above the limits set forth in Section 5.6; and
(e) appointing or removing the Company’s independent auditors.
Ordinary Resolutions. The following matters shall be resolved by ordinary resolutions at a meeting of the Shareholders’ Meeting:
(a) determining the Company’s operational guidelines and investment plans;
(b) electing and changing the Directors and the Supervisors and determining matters relating to their salaries and compensation;
(c) approving the reports of the Board of Directors;
(d) approving the reports of the Supervisors;
(e) approving annual budgets and business plans of the Company, and any revisions thereof;
(f) approving profit distribution plans and loss recovery plans of the Company; and
(g) other matters to be decided the Shareholders (other than (a) through (f) above and the matters set forth in Section 4.4) as specified in this Agreement and the Articles of Association.
Ordinary Resolutions. Except as otherwise provided in this Agreement or if a higher voting threshold is required by applicable law, all resolutions at the general meeting of shareholders of the Company shall be passed by the affirmative vote of a majority of the voting Shares present and entitled to vote at such meeting, such shares present representing more than one-half (1/2) of the total issued and outstanding voting Shares of the Company.
Ordinary Resolutions. Decisions of the Partnership shall be effective by Ordinary Resolution except where an Extraordinary Resolution is specifically required by the terms of this Agreement.
Ordinary Resolutions. Unless a greater majority is required by the laws applicable to the Limited Partnership or this Agreement, the approval of the Limited Partners is deemed to be given if expressed by an Ordinary Resolution.
