Approval of Members definition

Approval of Members or "Approved by the Members" means the unanimous consent of all of the Members. An Assignee shall not be a Member for purposes of this definition, and except as expressly provided in the Agreement, the Approval of Members shall not require the consent of any Assignee.
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Examples of Approval of Members in a sentence

  • Approval of Members of the College Council Committees A motion was made to approve the members of the College Council Committees.

  • The Board shall consist of eight (8) Managers, or such higher or lower number of persons determined by Approval of Members holding seventy percent (70%) of all then outstanding Percentage Interests.

  • H.1.b.3. Approval of Members Missions Team members shall be presented for congregational approval at the Annual Leadership and Budget Meeting.

  • Approval of Members was sought that in case of default by the Company, SREI Infrastructure Limited shall have an option to convert the defaulted loan amount into equity shares of the Company, at any point of time during the currency of the loan at valuation as per terms of the agreement subject to the then prevailing SEBI guidelines/ Regulations / relevant provisions under Companies Act, 2013.No resolutions were put for voting through postal ballot.

  • Notwithstanding Section 4.1 or Article III of this Agreement, the Managers shall not amend the Certificate in any manner that, if contained in an amendment to this Agreement or an action described in Section 3.3, would require the Approval of Members or the separate approval of Visa without first obtaining such approval.

  • G.2.c. Approval of Members The congregation will vote to approve the names of the men nominated by the Elder Board.

  • Approval of Members of the College Council CommitteesThe motion was assumed by the chair and approved unanimously.

  • The type and amount of Capital Contribution which must be made by a new Member shall be determined by the Approval of Members holding not less than 71% in Percentage Interest (without consideration of the Percentage Interest of any Defaulting Member, Selling Member, Terminated Member or Non-Paying Member).

  • Approval of Members for increase in the limits applicable for making investments / extending loans and giving guarantees or providing securities in connection with loans to Persons / Bodies Corporate u/s 186 of the Companies Act,2013.

  • Approval of Members by Postal Ballot including e-voting was sought to authorize the Board of Directors to sell, transfer or otherwise dispose of the land owned by the Company at Vile Parle S.V. Road, Mumbai-400056, pursuant to section 180(1)(a) of the Companies Act, 2013 vide notice dated Sep.12,2014 .

Related to Approval of Members

  • Approval of a vehicle means the approval of a vehicle type with regard to sound;

  • Panel Member ’ means a member of a panel;

  • 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.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Structural member means any load-supporting member of a facility, such as beams and load-supporting walls, or any nonload-supporting member, such as ceilings and nonload-supporting walls.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Approval means the written consent of the Authority.

  • Development approval means a document from a governmental entity which authorizes the commencement of a development.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Registry Operator Approval means the receipt of each of the following: (A) the affirmative approval of the Applicable Registry Operators whose payments to ICANN accounted for two-­‐thirds of the total amount of fees (converted to U.S. dollars, if applicable, at the prevailing exchange rate published the prior day in the U.S. Edition of the Wall Street Journal for the date such calculation is made by ICANN) paid to ICANN by all the Applicable Registry Operators during the immediately previous calendar year pursuant to the Applicable Registry Agreements, and (B) the affirmative approval of a majority of the Applicable Registry Operators at the time such approval is obtained. For the avoidance of doubt, with respect to clause (B), each Applicable Registry Operator shall have one vote for each top-­‐level domain operated by such Registry Operator pursuant to an Applicable Registry Agreement.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • General Member means a party, and that party’s Affiliates, that has executed this Project Charter at the General Member level, unless that General Member has withdrawn or been terminated from the Project, or has changed membership level.

  • Nominations Committee means the committee referred to as such in, and established pursuant to, Article 133;

  • Board Approval means the affirmative vote of a majority of the Disinterested Directors of the Company or a unanimous written consent of the Board of Directors of the Company duly obtained in accordance with the applicable provisions of the Company's certificate of incorporation, bylaws and applicable law.

  • Regulatory Oversight Committee means the committee of the Board constituted in accordance with Rule 204.

  • Additional Members means those Members, if any, admitted to the Company after the Effective Date.

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • Meeting of Members means an annual meeting of members or a special meeting of members;

  • Major Decisions shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement; provided that at any time that Note A-1 is not included in the Lead Securitization, “Major Decision” shall mean:

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

  • Council Member means a member of the Council;

  • Works Approval means this Works Approval numbered W5914/2015/1 and issued under the Act; and