Approval by the Board definition

Approval by the Board or “Approved by the Board” and similar expressions means receiving the affirmative vote of the Directors that.
Sample 1
Approval by the Board means approval or ratification by the affirmative vote of the Board or by the affirmative vote of an Executive Committee, except as to matters not within the competence of such Executive Committee, in accordance with Section 5.12 or 5.13 of these Bylaws.
Sample 1

Examples of Approval by the Board in a sentence

  • Approval by the Board of Directors, or a committee thereof, may occur before or after commencement of such service by the officer.

  • Approval by the Board of Directors or Compensation Committee, if so designated, in its sole and exclusive discretion, of the actual Bonus Award for each Officer and the total pool to be awarded.

  • Approval by the Board of Directors of the Company of a resolution that a Change in Control has occurred.

  • Approval by the Board of Directors of the Company of a resolution that a Change of Control has occurred.

  • The provisions of paragraph B of this Article ELEVENTH shall not be applicable to any particular Business Combination, and such Business Combination shall require only such affirmative vote, if any, as is required by law and any other Article of this Certificate of Incorporation, if all of the conditions specified in either of the following clauses (1) and (2) are met: (1) Approval by the Board of Directors.

  • Approval by the Board of this Plan shall constitute a determination by the Board that such consideration is adequate.

  • No Member may make any loans to the Company (a) without Supermajority Approval by the Board and (b) without offering to the other Members the opportunity to make such loans Pro Rata.

  • Approval by the Board of Directors of the exchange shall constitute a determination by the Board of Directors that such consideration is adequate.

  • Approval by the Board of Directors of AFC of the Merger and, subject to subparagraph (e) below, recommendation by the Board that the AFC shareholders approve the Merger.

  • Except as expressly provided in Section 5.2.2, the Proxy Statement shall include a Recommendation of Approval by the Board of Directors, and shall further include the fairness opinion referenced in Section 3.23 as an exhibit thereto.

Related to Approval by the Board

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Approval means the prior written consent of the Authority and "Approve" and "Approved" shall be construed accordingly;

  • MAA Approval means approval by the EMEA of a marketing authorization application (“MAA”) filed with the EMEA for the applicable Licensed Product under the centralized European procedure. If the centralized EMEA filing procedure is not used, MAA Approval shall be achieved upon the first Approval for the applicable Licensed Product in any two of the following countries: France, Germany, Italy, Spain or the United Kingdom.

  • Approved/Approval means the approval in writing.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Non-Approval Event means, in respect of the Benchmark:

  • Board of Studies means the Board of Studies of the University;

  • Major Decision means:

  • Company Takeover Proposal means (i) any proposal or offer for a merger, consolidation, dissolution, recapitalization or other business combination involving the Company, (ii) any proposal for the issuance by the Company of over 30% of its equity securities as consideration for the assets or securities of another person or (iii) any proposal or offer to acquire in any manner, directly or indirectly, over 30% of the equity securities or consolidated total assets of the Company, in each case other than the Merger.

  • Approval Date means the date on which the Plan is approved by the Company’s stockholders.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Business Combination Proposal has the meaning set forth in Section 5.8.

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.