Board decision definition

Board decision means an opinion or an order voted in favor of by at least three members of the Board at an open Board meeting except in a proceeding to remove a seal under Section 34(d) of the Act.
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Board decision means the decision made by the Board on a Complainant’s Appeal.
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Board decision. The Board shall manage the business and affairs of the Company. Board issues shall be decided by the approval of a 51% majority of the votes cast by the directors present at a duly constituted meeting of the Board except that the approval of 75% of all the directors present at a duly constituted meeting of the Board shall be required for each of the issues set out below: 8.7.1. any amendment to the Company's Articles of Association; 8.7.2. any increase in the registered capital of the Company other than an increase in the registered capital resulting from an increase in the registered capital resulting from a requirement to contribute moneys pursuant to article 5.5. Such increases are hereby approved in advance by the shareholders, and the Shareholders each agree to cause the Board to vote unanimously in favor thereof, 8.7.3. any merger of the company with any other economic organization, or the creation of another joint venture entity together with some other economic organization; 8.7.4. dissolution of the Company for any reason prior to the expiry of the Duration of the Duration of the Joint Venture provided always, however, that if unanimous approval of all the directors is not achieved in this regard at any Board meeting duly convened for such purpose, a resolution for such dissolution may be effectively passed at the next Board meeting duly convened for such purpose if approved by the votes of at least four (4) of the seven (7) directors present at such later meeting.
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Examples of Board decision in a sentence

  • If either party is dissatisfied with the Personnel Board decision, it may appeal to a court of competent jurisdiction within Lancaster County, Nebraska.

  • The CNA shall require executive and board members to disclose and certify annually, and prior to any Board decision where the members’ personal interests may be affected by CNA and AbilityOne Program business and transactions.

  • No employee shall use this grievance procedure to appeal any Board decision if such decision is a result of a State or Federal Regulatory Commission or Agency, or State or Federal Law Decision.

  • The Claimant may challenge any Board decision under subparagraph (V)(3)(a)(ii) by filing a demand for arbitration with the American Arbitration Association within thirty (30) days of the Board's vote (a "Demand").

  • If the permanent disability of an employee has been established under the Workers' Compensation Act or the Canada Pension Act, a further Board decision under this Article shall not be required.

  • The Association must file a Demand for Arbitration with the American Arbitration Association within fifteen (15) days of the Board decision or the deadline for the Board decision, whichever comes first.

  • No member shall use this grievance procedure to appeal any Board decision if such decision is a result of a State or Federal Regulatory commission or Agency, or State or Federal Law Decision.

  • No member shall use this Grievance Procedure to appeal any Board decision if such decision is a result of a state or federal regulatory commission or agency, or state or federal law decision.

  • The District President shall notify the applicants in writing of the Board decision to grant or deny sabbatical leaves by January 30.

  • During the course of the grievance (from the filing of the letter of intent through the Appeals Board decision) there shall not be exerted or caused to be exerted, pressure on any individuals involved in the grievance.


More Definitions of Board decision

Board decision means the Board decision held on or prior to the date of this Agreement issuing the New Shares to the Investor on the basis of the delegation of competence granted by the Shareholders’ Resolution in accordance with the terms of this Agreement;
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Related to Board decision

  • key decision * means an executive decision which is likely to:

  • Major Decision means:

  • return decision means an administrative or judicial decision or act, stating or declaring the stay of a third-country national to be illegal and imposing or stating an obligation to return;

  • Final Decision means a final action of the commission determining the legal rights, duties, or privileges of any person. “Final decision” does not include preliminary, procedural, or intermediate actions by the commission, actions regulating the internal administration of the commission, or actions of the commission to enter into or refrain from entering into contracts or agreements with vendors to provide goods or services to the commission.

  • Adverse decision means a utilization review determination by the utilization review entity that a